US strikes military deals worth USD 110 billion with Saudi Arabia
The United States on Saturday announced military deals worth nearly USD 110 billion, during a visit by President Donald Trump to Saudi Arabia.
A White House official said that Trump and Secretary of State Rex Tillerson would attend the signing of a memorandum of intent on a package of defence equipment and services to bolster the security of the kingdom and the Gulf region in the face of Iranian threats.
"This package demonstrates, in the clearest terms possible, the United States' commitment to our partnership with Saudi Arabia and our Gulf partners, while also expanding opportunities for American companies in the region, and supporting tens of thousands of new jobs in the US defense industrial base," a statement said.
The deal, a White House official said, will also bolster the kingdom's ability to contribute to counter-terrorism operations across the region, reducing the burden on the US military to conduct those operations.
The official described the agreements as "a significant expansion of the over seven-decade-long security relationship between the United States and the Kingdom of Saudi Arabia."