Sign In
Search
International

Ten-Year, $460 Billion Saudi Arms Deal Spells Windfall For U.S. Defense Primes

Dan Parsons By
SHARE:
Ten-Year, $460 Billion Saudi Arms Deal Spells Windfall For U.S. Defense Primes
CH-47F. Photo: Government of Canada.

The historic sale of arms to Saudi Arabia announced on President Donald Trump’s first overseas trip is expected to bestow hundreds of billions of dollars on the U.S. defense industry, which will create thousands of jobs to fill the demand for tanks, helicopters, missiles and other weapons.Most of the windfall is destined for prime contractors Lockheed Martin [LMT], Boeing [BA] and Raytheon [RTN], according to accounts of the deal worth a total of $460 billion over the next decade. Just…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Lux Aeterna, Startup Developing Reusable Spacecraft, Raises $10 Million In Seed Round

Business/Financial

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Business/Financial

Venture Firm Focused On Dual Use Maritime Companies Gets $150 Million DoD Loan Backing

Business/Financial

Rocket Lab Hits Record Revenue In 2025, But Delays Neutron Launch

Trending

X-Bow To Acquire Evolution Space, Enhancing Hypersonics And Energetics Capabilities
BAE Systems Completes Preliminary Design Review For Epoch 2 Constellation
Drone Dominance Program Selects 11 Finalists For Potential Orders After First Gauntlet
Trump Says Defense CEOs Agree To Rapidly Quadruple Production Of ‘Exquisite Class’ Weapons
U.S. CENTCOM Confirms First Combat Use Of Lockheed-Built PrSM In Iran Strikes

Congress Updates

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume