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

Law360, Washington (October 15, 2013, 8:25 PM EDT) -- 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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.