VOL. XXXIII

NO. 41

16-JULY-1990

Saudi Arabia

Saudi Arabia to Buy $3.1bn Worth of US Tanks

Saudi Arabia on 8 July signed a $3.1bn deal to buy 315 M-1A2 tanks and support equipment from General DynamicsCorporation, the US Defense Department has announced. The deal, which wasapproved by the US Congress last year, was awaiting final Saudi clearance.Delivery of the tanks to the Kingdom is scheduled between 1993 and 1995. Lastmonth the US Defense Department announced plans for a $4bn arms deal with...