Bush administration will announce next week a series of arms deals worth at least $20 billion to Saudi Arabia and five other oil-rich Persian Gulf states as well as new 10-year military aid packages to Israel and Egypt, a move to shore up allies in the Middle East and counter Iran's rising influence, U.S. officials said Friday.
The arms deals, which include the sales of a variety of sophisticated weaponry, would be the largest negotiated by this administration.
The military assistance agreements would provide $30 billion in new U.S. aid to Israel and $13 billion to Egypt over 10 years, the officials said. Both figures represent significant increases in military support.
U.S. officials said the arms sales to Saudi Arabia are expected to include air-to-air missiles as well as Joint Direct Attack Munitions, which turn standard bombs into "smart" precision-guided bombs.
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