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Saudi Arabia set to buy 25 US army planes in $6.7b. deal


Pentagon announces proposed sale of 20 C-130J military transport planes, 5 KC-130J refueling aircraft; deal follows report Qatar, UAE seeking $16.4b. missile defense sale; Lockheed: Largest foreign sale in program's history.
Saudi Arabia plans to buy 20 C-130J military transport planes, five KC-130J refueling aircraft (Hercules) and related equipment from Lockheed Martin Corp. valued at about $6.7 billion, the Pentagon said Friday in a statement.

"The proposed sale of these aircraft and support will not alter the basic military balance in the region," the Pentagon’s Defense Security Cooperation Agency (DSCA) stated. The agency, which oversees foreign arms sales, added that Saudi Arabia needs the airplanes to “sustain its aging fleet, which faces increasing obsolescence.”

The C-130J-30 variant of the four-engine turbo-prop plane that Saudi Arabia is seeking has 15 extra feet of fuselage compared with the plane’s standard model, according to Lockheed, the plane’s maker. The extra space lets the plane carry two additional cargo pallets, according to Lockheed’s website. The KC-130 J refueling plane is also made by Bethesda, Maryland- based Lockheed.The US has historically tried to reassure Israel overpast military deals with Saudi Arabia. In December 2011, after announcing a sale of fighter jets to the Gulf country worth around $29.4 billion, US officials expressed confidence that the sale would benefit Israeli security by "bolstering moderate allies in the Gulf."

The proposed “sale to Saudi Arabia represents the largest foreign military sale of C-130s in the program’s history,” Peter Simmons, a Lockheed spokesman said in an e-mail.

The possible sale also includes 120 engines, including 20 spares made by London-based Rolls Royce Holdings Plc, and 25 Link-16 Multifunctional Information Distribution Systems made by Rockwell Collins Inc. based in Cedar Rapids, Iowa.

Saudi Arabia received its first C-130 in 1965, according to Lockheed Martin’s website. The Middle East kingdom now operates 50 older models of the transports, Simmons said.

The proposed sale of the transport planes follows thePentagon’s announcement this week that Qatar and United Arab Emirates are seeking US missile defense systems valued at as much as $16.4 billion


The Jerusalem Post
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Friday, November 9, 2012

Saudi Arabia set to buy 25 US army planes in $6.7b. deal

Pentagon announces proposed sale of 20 C-130J military transport planes, 5 KC-130J refueling aircraft; deal follows report Qatar, UAE seeking $16.4b. missile defense sale; Lockheed: Largest foreign sale in program's history.
Saudi Arabia plans to buy 20 C-130J military transport planes, five KC-130J refueling aircraft (Hercules) and related equipment from Lockheed Martin Corp. valued at about $6.7 billion, the Pentagon said Friday in a statement.

"The proposed sale of these aircraft and support will not alter the basic military balance in the region," the Pentagon’s Defense Security Cooperation Agency (DSCA) stated. The agency, which oversees foreign arms sales, added that Saudi Arabia needs the airplanes to “sustain its aging fleet, which faces increasing obsolescence.”

The C-130J-30 variant of the four-engine turbo-prop plane that Saudi Arabia is seeking has 15 extra feet of fuselage compared with the plane’s standard model, according to Lockheed, the plane’s maker. The extra space lets the plane carry two additional cargo pallets, according to Lockheed’s website. The KC-130 J refueling plane is also made by Bethesda, Maryland- based Lockheed.The US has historically tried to reassure Israel overpast military deals with Saudi Arabia. In December 2011, after announcing a sale of fighter jets to the Gulf country worth around $29.4 billion, US officials expressed confidence that the sale would benefit Israeli security by "bolstering moderate allies in the Gulf."

The proposed “sale to Saudi Arabia represents the largest foreign military sale of C-130s in the program’s history,” Peter Simmons, a Lockheed spokesman said in an e-mail.

The possible sale also includes 120 engines, including 20 spares made by London-based Rolls Royce Holdings Plc, and 25 Link-16 Multifunctional Information Distribution Systems made by Rockwell Collins Inc. based in Cedar Rapids, Iowa.

Saudi Arabia received its first C-130 in 1965, according to Lockheed Martin’s website. The Middle East kingdom now operates 50 older models of the transports, Simmons said.

The proposed sale of the transport planes follows thePentagon’s announcement this week that Qatar and United Arab Emirates are seeking US missile defense systems valued at as much as $16.4 billion


The Jerusalem Post
.

1 comment:

  1. Are you a business man or woman? Do you need funds to start up your own business? Do you need loan to settle your debt or pay off your bills or start a nice business? Do you need funds to finance your project? We Offers guaranteed loan services of any amount and to any part of the world for (Individuals, Companies, Realtor and Corporate Bodies) at our superb interest rate of 3%. For application and more information send replies to the following E-mail address: standardonlineinvestment@gmail.com
    Thanks and look forward to your prompt reply.
    Regards,
    Muqse

    ReplyDelete

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