American weapons manufacturers are to receive the lion’s share of the money from US President Donald Trump’s recent Saudi arms sales.
Lockheed sees $28 billion from the Saudi arms sales and Boeing expects $50 billion, according to antiwar.com website, published on Friday.
Last month, US President Donald Trump signed a $110 billion deal and other agreements amounting to $250 billion with Saudi Arabia’s rulers.
US media reported that at a conference in New York on Wednesday, Lockheed Martin’s CEO Marillyn Hewson said she could see up to $28 billion in new business for Lockheed alone as a result of President Trump’s initial weapons sales to Saudis.
Hewson told Aerospace Daily that the Saudis want to procure four multimission warships and the company is instead offering them a variant of its Littoral Combat Ship, which has been reportedly faulty. Lockheed and a…