Saudi-US arms deal includes plans for 150 Lockheed Martin Blackhawk helicopters

Lockheed Martin Blackhawk helicopters

:: A series of US-Saudi arms deals announced on Saturday includes a pledge to assemble 150 Lockheed Martin Blackhawk helicopters in the Kingdom, an official statement said.

The $6 billion deal for Blackhawks is expected to result in about 450 jobs in Saudi Arabia, the statement said.

The agreement “supports Saudi Arabia’s Vision 2030 by developing local capabilities through technology and skills transfer,” a statement said.

​”At Lockheed Martin, we are proud to be part of this historic announcement that will strengthen the relationship between the United States and the Kingdom of Saudi Arabia,” said Marillyn A. Hewson, chairman, president and CEO of Lockheed Martin Corporation

“We are especially proud of how our broad portfolio of advanced global security products and technologies will enhance national security in Saudi Arabia, strengthen the cause of peace in the region, and provide the foundation for job creation and economic prosperity in the US and in the Kingdom. The agreements will directly contribute to His Majesty’s Vision 2030 by opening the door for thousands of highly skilled jobs in new economic sectors.”

The letter of intent agreement was among several deals announced in Riyadh today at the Saudi-US CEO Forum.

The deals formed part of the historic visit by the US President Donald Trump to Saudi Arabia.

A significant number of defense agreements and announcements were made at the forum and new licences issued for US defense companies to establish their footprint in the Kingdom.

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