Loading...
Loading...
Browse all stories on DeepNewz
VisitU.S. Approves $78.5 Million Sale of 20 MK 54 MOD 0 Torpedoes to Saudi Arabia; RTX Corporation as Prime Contractor
Jan 3, 2025, 08:35 PM
The U.S. State Department has approved a potential Foreign Military Sale to Saudi Arabia, which includes 20 MK 54 MOD 0 Lightweight Torpedoes and associated equipment. The estimated cost of the deal is $78.5 million, with RTX Corporation designated as the prime contractor. This approval was confirmed by the Pentagon on January 3, 2025, highlighting ongoing military cooperation between the U.S. and Saudi Arabia. In a separate development, Egypt has received approval for a $4.7 billion upgrade of its Abrams main battle tanks, further indicating active military modernization efforts in the region.
View original story
Markets
Yes • 50%
No • 50%
Press releases from RTX Corporation or announcements from the U.S. Department of Defense
No • 50%
Yes • 50%
Official announcement from the U.S. Department of Defense or Saudi Arabian government
Yes • 50%
No • 50%
Official statements or actions recorded in U.S. Congressional records
Naval Weapons • 25%
Other • 25%
Cybersecurity Solutions • 25%
Air Defense Systems • 25%
Annual report or press releases from RTX Corporation
Q4 2025 • 25%
Q1 2025 • 25%
Q2 2025 • 25%
Q3 2025 • 25%
Official announcements from the U.S. Department of Defense or Saudi Arabian government
Qatar • 25%
Other • 25%
Egypt • 25%
United Arab Emirates • 25%
Official announcements from the U.S. Department of Defense or respective governments