May 19, 2017

LET’S MAKE AN ARMS DEAL: Saudis Said to Forge $6 Billion Lockheed Deal for Littoral Ships.

The final letter of agreement includes a better-armed version of the ships, support equipment, munitions and electronic-warfare systems, according to the people, who asked not to be identified in advance of an announcement that may come as early as Saturday morning Washington time. That’s when Trump is scheduled to arrive in Riyadh on the first leg of an eight-day trip that will take him across the Middle East and to Rome.

The Trump administration is promising to improve relations with the Saudis that were strained under former President Barack Obama. For its part, Saudi Arabia has pledged to buy billions of dollars of U.S. military equipment in the next decade and invest about $40 billion from its sovereign wealth fund in American companies.

The LCS is another one of those American weapons systems garnering foreign interest even after a troubled development process.