Administration Expected To Sell Arms To Saudi Arabia
RENEE MONTAGNE, host:
NPR's business news starts with a massive arms deal.
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MONTAGNE: Later today, the Obama administration is expected to tell Congress it plans to sell up to $60 billion worth of weapons to Saudi Arabia. The deal would include scores of new fighter planes, helicopters and missiles. It would be the biggest weapons sale ever by the U.S. and it comes as the defense industry is worried about budget cuts here at home.
American allies across the Middle East are building up their armed forces with an eye on Iran.
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