By Anna Giaritelli
The U.S. is nearing completion of a $100 billion arms deal for Saudi Arabia just a week ahead of President Trump’s first foreign trip to the region.
The deal could be worth much more than that eventually, up to $300 billion in arms over the next decade to boost the country’s military capabilities.
The Defense package includes U.S. arms and maintenance, ships, air missile defense and maritime security, according to a Reuters report published Friday evening.
The significant amount of business could help America’s manufacturing economy.
“It’s good for the American economy but it will also be good in terms of building a capability that is appropriate for the challenges of the region. Israel would still maintain an edge,” a U.S. official said.
Trump is scheduled to depart May 19 for three events: one with Saudi officials, one with six-nation Gulf Cooperation Council, and a final one with Arab and Muslim leaders.
Trump will discuss how to thwart the Islamic State’s growth in the region. He told supporters while on the campaign trail last year he believes Saudi Arabia is an important ally in the fight against terrorism. He also lambasted the country for its punishing LGBT people and constraining women’s roles in society.
This article (US is nearing completion of $100 billion arms deal to Saudi Arabia) was originally published on Washington Examiner and syndicated by The Event Chronicle. Found via Hang the Bankers.