US approves possible sale of $5.4 billion in PAC-3 missiles to Saudi Arabia

Reuters , Wednesday 29 Jul 2015

A unit of Patriot Advanced Capability-3 (PAC-3) missiles (Photo: Reuters)

The US State Department has approved the possible sale to Saudi Arabia of $5.4 billion in additional PAC-3 missiles built by Lockheed Martin Corp , the Pentagon said on Wednesday.

The Defense Security Cooperation Agency said the sale would benefit a key US partner in the Middle East. Notification to Congress was sent on Tuesday and follows a major nuclear deal with Iran. The missile sale approval could help reassure Saudi Arabia about the US commitment to its security.

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