Advertisement

Saudi Arabia Signs Tank Deal: Saudi Arabia...

Share
From Times Staff and Wire Reports

Saudi Arabia Signs Tank Deal: Saudi Arabia has signed a $3.1-billion deal to buy 315 M-1A2 tanks and support equipment from General Dynamics Corp. The Pentagon said the deal, which was approved by Congress last year but has been awaiting a final Saudi go-ahead, was signed Sunday. It will provide a major financial boost for the big U.S. defense firm. The U.S. Army decided last year not to buy any more M-1 tanks, and officials at General Dynamics said the Saudi deal would allow the firm to keep open at least one of its two plants--the one at Lima, Ohio--and perhaps its second plant at Warren, Mich.

Advertisement