financetom
Business
financetom
/
Business
/
US approves potential $9 billion sale of Patriot missiles to Saudi Arabia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US approves potential $9 billion sale of Patriot missiles to Saudi Arabia
Mar 11, 2026 2:25 AM

Jan 30 (Reuters) - The U.S. State Department has

approved ‌the potential ​sale of ‍Patriot advanced ⁠capability-3

missile ⁠segment enhancement ‌missiles ​and related equipment to

Saudi ⁠Arabia ‍for ​an estimated cost of $9 billion, ‍the Pentagon

said on Friday.

The principal contractor ​for ‍the sale is ​Lockheed Martin

Corp, the Pentagon said in a statement.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Shake Shack Fiscal Q3 Adjusted Earnings, Revenue Rise -- Shares Rise Pre-Bell
Shake Shack Fiscal Q3 Adjusted Earnings, Revenue Rise -- Shares Rise Pre-Bell
Nov 3, 2024
08:36 AM EDT, 10/30/2024 (MT Newswires) -- Shake Shack ( SHAK ) reported fiscal Q3 adjusted earnings Wednesday of $0.25 per diluted share, up from $0.17 a year earlier. Analysts polled by Capital IQ expected $0.19. Revenue for the quarter ended Sept. 25 was $316.9 million, up from $276.2 million a year earlier. Analysts surveyed by Capital IQ expected $316.1...
Healthcare Realty Trust's Q3 Earnings Flat, Revenue Declines; Guidance Narrowed
Healthcare Realty Trust's Q3 Earnings Flat, Revenue Declines; Guidance Narrowed
Nov 3, 2024
08:35 AM EDT, 10/30/2024 (MT Newswires) -- Healthcare Realty Trust ( HR ) reported Q3 normalized funds from operations Wednesday of $0.39 per diluted share, unchanged from a year earlier. Analysts surveyed by Capital IQ expected $0.38. Revenue for the quarter ended Sept. 30 was $315.4 million, compared with $342.3 million a year earlier. Analysts surveyed by Capital IQ expected...
Trane Tech lifts full-year forecasts on strong commercial demand for cooling systems
Trane Tech lifts full-year forecasts on strong commercial demand for cooling systems
Nov 3, 2024
Oct 30 (Reuters) - Trane Technologies ( TT ) raised its full-year profit and revenue forecasts on Wednesday, anticipating strong demand for heating and air-conditioning systems from commercial builders. The company now expects an adjusted profit of $11.10 per share in 2024, above its earlier expectations of $10.80 per share. It expects revenue growth of about 11% for the year,...
Europe will pay a 'big price,' Trump warns on tariffs
Europe will pay a 'big price,' Trump warns on tariffs
Nov 3, 2024
WASHINGTON (Reuters) - Republican U.S. presidential candidate Donald Trump said on Tuesday the European Union would have to pay a big price for not buying enough American exports if he won the Nov. 5 election. I'll tell you what, the European Union sounds so nice, so lovely, right? All the nice European little countries that get together, Trump said during...
Copyright 2023-2026 - www.financetom.com All Rights Reserved