US Prepares $20 Billion Arms Deal With Saudis

First Posted: 03/28/08 03:44 AM ET Updated: 05/25/11 01:10 PM ET

McClatchy Newspapers:

The Bush administration has decided to supply billions of dollars in advanced new weapons to Saudi Arabia, other Arab allies of the United States and to Israel, senior State Department officials and congressional aides said Friday.

The arms and aid package, which the officials said is to be announced on Monday, is part of a U.S. initiative to reassure worried allies in the Middle East that despite its troubles in Iraq, the United States remains committed to the region. It also is meant to send a signal of resolve to Iran's increasingly confident leaders.

Read the whole story: McClatchy Newspapers

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