Saudi Arabia Seeks $6.7 Billion of U.S. Transport Planes
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Saudi Arabia plans to buy 20 C-130J military transport planes, five KC-130J refueling aircraft and related equipment from Lockheed Martin Corp. valued at about $6.7 billion, the Pentagon said today in a statement.
The Pentagon’s Defense Security Cooperation Agency notified Congress of the potential sale to Saudi Arabia, the agency said in a statement posted on its website. It said Saudi Arabia needs the airplanes to “sustain its aging fleet, which faces increasing obsolescence,”