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Thursday, July 22, 2010

U.S. Saudi Sale Is Said to Approach $30 Billion Including 84 F-15 Fighters

F-15C EagleA proposed U.S. arms sale to Saudi Arabia will include 84 new Boeing Co. F-15 fighter jets and may be valued at as much as $30 billion, according to a government official familiar with the plan.

The deal also calls for selling 72 UH-60 Black Hawk helicopters built by United Technologies Corp.’s Sikorsky unit and refurbishing 70 Saudi F-15s, said the official, who asked not to be identified because terms are still under discussion.

Navy Vice Admiral Jeffrey Wieringa, director of the Defense Security Cooperation Agency, which oversees foreign sales, said separately today that Congress may be formally notified “within two months” about the transaction, which he said includes F-15s, helicopters, ships and missile-defense systems. He said he couldn’t give specifics.

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