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POLITICSBloomberg Markets·17h ago

US to Sell F-35s to Saudi Arabia in $24.3 Billion Deal

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The US State Department notified Congress of a potential $24.3 billion sale of up to 48 F-35 fighter jets to Saudi Arabia. The deal for the Lockheed Martin aircraft has been discussed for years. President Trump previously signaled support for the sale ahead of a visit by Crown Prince Mohammed bin Salman.

The State Department notified Congress that it plans to sell Saudi Arabia up to 48 F-35 warplanes in a first-time sale that could be worth as much as $24.3 billion. The sale of the Lockheed Martin Corp. fighter jet to Saudi Arabia has been in the works for a number of years. President Donald Trump signaled in November the US would sell F-35s to the Kingdom, offering Crown Prince Mohammed bin Salman a prize he’s long cherished, ahead of a visit to the White House that month. Meantime, the…

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