28 November 2012 By Andy Sambidge - arabianbusiness.com
Saudi Arabia is interested in ordering $300m worth of military equipment spare parts from the United States, according to the Defence Security Cooperation Agency.
It said the Government of Saudi Arabia has requested a possible sale of spare parts in support of M1A2 Abrams tanks, M2 Bradley fighting vehicles, high mobility multipurpose wheeled vehicles, equipment, support vehicles and other related logistics support.
The estimated cost of the deal, still to be approved by Congress, will be $300m, the Agency said in a statement.
It added that the proposed sale will allow the Royal Saudi Land Forces Ordnance Corps to continue to purchase needed repair parts to maintain their military fleet, construction equipment, and support vehicles and equipment.
"This proposed sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a friendly country that has been, and continues to be, an important force for political stability and economic progress in the Middle East," the statement said.
Earlier this month, the Agency said Saudi Arabia is interested in buying 20 heavy cargo aircraft and five refueling planes from the US in a deal worth $6.7bn.
The multi-billion dollar deal also includes the cost of training, logistical support, parts and associated equipment for the aircraft, said the statement.
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