financetom
Business
financetom
/
Business
/
US, Saudi Arabia have discussed Riyadh's potential purchase of F-35 jets
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US, Saudi Arabia have discussed Riyadh's potential purchase of F-35 jets
May 26, 2025 6:50 AM

RIYADH, May 13 (Reuters) - The United States and Saudi

Arabia have discussed Riyadh's potential purchase of Lockheed's

F-35 jets, two sources briefed on discussions told Reuters,

referring to a military aircraft that the kingdom has reportedly

been interested in for years.

However, it is not clear if Washington would permit the

kingdom to move forward with a purchase that would give Saudi

Arabia an advanced weapon used by close U.S. ally Israel, one of

the sources said.

"(Qualitative Military Edge) with Israel has come up," the

second source said, referring to U.S. guarantees that Israel

receives more advanced American weapons than Arab states.

The sources spoke to Reuters on condition of anonymity.

Israel has owned F-35s for nine years, building multiple

squadrons.

Governments in the Gulf have long sought the most advanced

fighter jet, built with stealth technology allowing it to evade

enemy detection. If the U.S. did approve the transfer, Saudi

Arabia would be only the second Middle East state after Israel

to operate F-35 fighters.

During Tuesday's visit by U.S. President Donald Trump to

Riyadh, the U.S. is poised to offer the kingdom an arms package

worth well over $100 billion, six sources with direct knowledge

of the issue told Reuters previously.

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 >
CPI Card Group, Parallel49 Equity Extending Stock Buyback Agreement Through June 30
CPI Card Group, Parallel49 Equity Extending Stock Buyback Agreement Through June 30
Mar 15, 2024
10:58 AM EDT, 03/15/2024 (MT Newswires) -- CPI Card Group ( PMTS ) said on Friday it is extending its agreement with Parallel49 Equity ULC to repurchase up to 325,000 of its common shares now held through the Tricor Pacific Capital Partners fund through June 30. The company said the new agreement continues a previous agreement that was set to...
McDonald's Temporarily Closes Some Restaurants Amid Worldwide Tech Outage; Issue Resolving
McDonald's Temporarily Closes Some Restaurants Amid Worldwide Tech Outage; Issue Resolving
Mar 15, 2024
10:58 AM EDT, 03/15/2024 (MT Newswires) -- McDonald's (MCD) temporarily closed some restaurants Friday following a tech outage that impacted its app and hindered customers' ability to place orders in certain regions. We are aware of a technology outage, which impacted our restaurants; the issue is now being resolved, McDonald's wrote in an emailed statement. We thank customers for their...
Seanergy Maritime Maintains Regular Quarterly Dividend, Declares Special Dividend
Seanergy Maritime Maintains Regular Quarterly Dividend, Declares Special Dividend
Mar 15, 2024
10:58 AM EDT, 03/15/2024 (MT Newswires) -- Seanergy Maritime Holdings ( SHIP ) said Friday it has maintained a regular quarterly dividend of $0.025 per share and set a special dividend of $0.075 per share, both payable on or about April 10 to shareholders of record on March 25. Price: 8.83, Change: +0.09, Percent Change: +1.03 ...
Reckitt shares sink as investors see more trouble from baby formula lawsuits
Reckitt shares sink as investors see more trouble from baby formula lawsuits
Mar 15, 2024
(Reuters) - Shares of Reckitt Benckiser ( RBGPF ) dropped more than 15% on Friday to their lowest in a decade on fears that the consumer goods company would face more financial liabilities from lawsuits related to its Enfamil baby formula. An Illinois jury on Wednesday ordered Reckitt unit Mead Johnson to pay $60 million to the mother of a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved