US, Saudi Arabia sign $142bn defense sales agreement

US, Saudi Arabia sign $142bn defense sales agreement

The defense deal is part of a $600bn Saudi investment commitment for the US, the White House said in a factsheet, The Guardian reported. 

The agreement also includes exports of GE gas turbines and energy solutions totaling $14.2bn, and Boeing 737-8 passenger aircraft totaling $4.8bn.

The United States and Saudi Arabia on Tuesday signed a defense agreement worth nearly $142 billion, according to the White House. The deal will allow Riyadh to purchase advanced equipment and services from American companies.

The agreement was part of a broader commitment by Saudi Arabia to invest $600 billion in the US, the White House added. 

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