Posted on 10/21/2015 5:07:26 AM PDT by Berlin_Freeper
The U.S. government said on Tuesday it has approved the sale of up to four Lockheed Martin Corp multi-mission warships, plus associated equipment, training and logistics to Saudi Arabia, a deal valued at $11.25 billion overall.
The Pentagon's Defense Security Cooperation Agency, which oversees foreign military sales, notified U.S. lawmakers late Monday about the possible sale, and released a statement on its website on Tuesday.
"We stand ready to support that sale," Lockheed Chief Executive Officer Marillyn Hewson told analysts on an earnings call. She said the deal could be completed in 2016.
(Excerpt) Read more at reuters.com ...
Get the money up front because the corrupt ,decadent House of Saud which was responsible for 9/11 is on its last legs.
Yeah, down to over $600 billion in cash reserves.
How large is the US debt? When do we next exceed our debt limit?
Disgusting that we should be dealing with these foul islamists who we should have taken down as our first target in the War on Terror.
They are spending $10-15 billion /month just subsidizing Egypt and the Sunni jihadists in Syria and Iraq. Those reserves are dwindling despite the record amount of oil they are pumping.
Still waiting for someone to tell me any real difference b/w ISIS and Saudi.
Yeah, 3 or 4 more years of these prices and they will be broke, just not as deep in debt like us.
I don’t believe sub $60 oil prices will last half that long. Do you?
Actually industrial commodity prices including oil are low due to an overall weak world economy. Frankly with the Left in power throughout most of the West, do not see any real economic recovery soon. So yes, foresee oil prices to remain <$60 for at least the next three years. Even the war disruptions in the Mideast have not done much to raise prices. Libya and Iraq remain largely off line as suppliers with little effect.
Oil demand has continued to rise.
For a while, the supply was rising faster than the demand and drove the prices down.
Now the US production has slowed a bit but OPEC has increased their production.
Demand is continuing to rise. At sub $60 prices, oil demand will rise even more. But supply will fall more at sub $60 pricing as well.
Too many oil countries would have war or overthrown governments after years of sub $60 oil, disrupting supply and forcing prices to rise.
Designed to arm the House of Saud against America, so Hussein’s fellow goat humpers can bring down the United States.
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