Russia, Saudi Arabia Agree on S-400, Other Weapons Deliveries

Russia, Saudi Arabia Agree on S-400, Other Weapons Deliveries

Russia, Saudi Arabia Agree on S-400, Other Weapons Deliveries

The transaction covers the delivery of 44 Terminal High Altitude Area Defense launchers, 360 interceptor missiles, 16 fire control and communications mobile tactical station groups and seven AN/TPY-2 radars.

The sale, supplied by Lockheed Martin and Raytheon - also includes 43 trucks, generators, electrical power units, communications equipment, tools, test and maintenance equipment and "personnel training and training equipment".

"An agreement has been reached with the Kingdom of Saudi Arabia on the supply of S-400 air defense systems", spokeswoman Maria Vorobyova was quoted as saying by the RIA Novosti news agency.

While in conversation with an energy trader, a Polymerupdate team member informed that Saudi King Salman bin Abdulaziz's historic trip to see Russian President Vladimir Putin post the OPEC meeting is an important factor in changing the market trend and pushing it towards growth. US Congress has 30 days to object.

Iran, whose hostile behaviour has got the United States and Saudi Arabia concerned recently, also happens to have one of the biggest ballistic missile programs in the Middle East.

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The S-400 is Russia's most advanced long-range mobile air defense missile system.

"They pose a threat to our countries and to other states, where they come from".

"This proposed sale will support the foreign policy and national security objectives of the United States by improving the security of a friendly country", the statement read.

Lower compliance with the curbs promised by some nations combined with rising production in OPEC members Libya and Nigeria - both exempt from reducing output due to their internal strife - have added pressure on Saudi Arabia to make deeper cuts of its own. The following month, Saudi Arabia's sovereign wealth fund committed to invest $10 billion in Russia over five years, the largest-ever foreign direct investment in the country according to the Russian Direct Investment Fund.

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