Arms offer to Saudi Arabia

Trump poised to offer Saudi Arabia over $100 billion arms package, sources say

• Trump to announce arms package in visit to Saudi Arabia in May
• Lockheed Martin, RTX, Boeing, Northrop Grumman, General Atomics involved in arms deal
• Congress must review major international weapons deals before finalization

WASHINGTON/RIYADH, April 24 (Reuters) - The United States is poised to offer Saudi Arabia an arms package worth well over $100 billion, six sources with direct knowledge of the issue told Reuters, saying the proposal was being lined up for announcement during U.S. President Donald Trump's visit to the kingdom in May.

The offered package comes after the administration of former President Joe Biden unsuccessfully tried to finalize a defense pact with Riyadh as part of a broad deal that envisioned Saudi Arabia normalizing ties with Israel.

Under U.S. law, major international weapons deals must be reviewed by members of Congress before they are finalized.

Read about it...