Wednesday, 14 May, 2025

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US-Saudi Arabia seal landmark $142bn arms deal

Business Desk | banglanews24.com
Update: 2025-05-14 11:59:22
US-Saudi Arabia seal landmark $142bn arms deal photo collected

The United States and Saudi Arabia have finalized a $142 billion arms agreement, marking one of the largest defense deals between the two nations.

Announced during President Donald Trump’s visit to Riyadh, the deal includes advanced weaponry, fighter jets, missile defense systems, and cybersecurity technology, reinforcing Saudi Arabia’s military capabilities.

Saudi Crown Prince Mohammed Bin Salman described the deal as a "strategic investment in national security and regional stability."

The agreement underscores Washington’s commitment to its Gulf ally, with US officials emphasizing that the arms package aims to counter regional threats and strengthen bilateral defense cooperation.

Trump, addressing an investment forum, praised Saudi Arabia as a crucial partner, noting that military collaboration would enhance Middle Eastern security and bolster the US defense industry.

The arms package is expected to fuel key sectors of the American economy, with major contracts awarded to US defense giants, including Lockheed Martin and Raytheon.

The deal comes amid ongoing tensions in the Middle East, with Saudi Arabia heavily engaged in regional conflicts, particularly in Yemen. Critics argue that increased arms supplies could escalate military engagements.

Trump’s visit to Riyadh is part of a broader Middle East tour, which includes stops in Qatar and the United Arab Emirates, aimed at securing further strategic partnerships.

Source: BBC

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