Risks to Trump’s Saudi Arms Orders Low With $20 Billion Approved, $2 Billion Delivered — Panjiva
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Risks to Trump’s Saudi Arms Orders Low With $20 Billion Approved, $2 Billion Delivered

Industrials - Aero/Defense 132 Saudi Arabia 30 U.S. 3306

President Trump has indicated the outcome of the investigation of the disappearance of journalist Jamal Khashoggi will not change America’s willingness to export arms to Saudi Arabia. While $110 billion of orders for weapons and military aircraft have been agreed only $20 billion have been approve by the State Department since the start of the Trump administration. That’s 23% less than approved in the last two years of the Obama administration. Orders can take several years to deliver – reducing the risks to arms exports, a central part of the Trump adminsitration’s trade and defen...

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