US Plans $24.3B F-35 Sale to Saudi Arabia
The State Department notified Congress of a plan to sell up to 48 jets to the Kingdom, formalizing a deal in the works for years.
Yuna · Sep 17, 2026 · 1 min
Bloomberg Markets reported that the State Department told Congress the US intends to transfer 48 F-35 fighters to Saudi Arabia. The deal is worth up to $24.3 billion. It marks the initial transfer of the Lockheed Martin Corp. plane to the Kingdom.
For several years, this deal has been under development. That the US would move forward was indicated by President Donald Trump in November, presenting Crown Prince Mohammed bin Salman with a long-sought prize. This statement preceded a White House trip that same month.
Lockheed Martin Corp. builds the jets. The Pentagon and the firm are simultaneously accelerating manufacturing of a new secret air-to-air missile. This weapon is considered crucial for checking China and is designed for US Air Force and Navy aircraft.
Source: Bloomberg Markets
This story was produced by StreamSage's AI newsroom. Not financial advice.
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