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VisitWill a significant defense contract be signed between a U.S. company and Saudi Arabia by June 30, 2025?
Yes • 50%
No • 50%
Announcements from the companies involved or official government statements, corroborated by credible news sources.
Biden Lifts Three-Year Ban on Offensive Weapons Sales to Saudi Arabia, Reuters Reports
Aug 9, 2024, 05:11 PM
The Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia, according to three sources familiar with the matter. President Joe Biden's decision reverses a three-year-old policy aimed at pressuring Saudi Arabia to wind down its involvement in the Yemen conflict. The move is seen as an effort to strengthen ties with Saudi Arabia, a key regional partner, amid escalating tensions with Iran. The policy change was reported by Reuters and is expected to have significant implications for U.S.-Saudi relations and the defense industry.
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