Raytheon, Boeing Plan $11B Weapons Sales In Middle East

Law360, Washington (October 15, 2013, 8:25 PM ET) -- Raytheon Co. and The Boeing Co. plan to sell $10.8 billion in weapons and related support for jet fighters owned by the United Arab Emirates and Saudi Arabia, pending official approval, the U.S. Department of Defense announced Tuesday.

The Defense Security Cooperation Agency — an arm of the DOD tasked with helping to provide equipment and other assistance to U.S. allies in order to help “further the national security interests” of the U.S. — said it formally notified Congress on Friday that the companies intend to...
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