The US sale to Saudi Arabia includes 84 new Boeing F-15 fighter jets and 70 upgrades of existing Saudi F-15s [GETTY]U.S. Firms Welcome Saudi Arms Deal -- Defense News
With major U.S. military aircraft programs winding down, the State Department's announcement of $60 billion worth of fighter jet and helicopter sales to Saudi Arabia came as welcome news to U.S. aerospace companies.
The deal, which is expected to pay out over the next 15 to 20 years, will not single handedly save the military aircraft industrial base, but it may well help keep some aerospace companies alive, said Fred Downey, a vice president of the Aerospace Industries Association, Washington.
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