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

Source: Bloomberg

Infrastructure & DefenseGeopolitics & War

The State Department notified Congress of plans for a first-time sale of up to 48 F-35 fighter jets to Saudi Arabia, with a potential value of $24.3 billion. The transaction would represent a significant defense-export opportunity, likely benefiting the F-35 supply chain and prime contractor Lockheed Martin, subject to congressional approval.

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