What a difference a month makes.
Back in August, when all was bleak in the stock markets, I gave a shout out to Boeing
How does $90 billion grab you? Because that's starting to look much closer to the right number. In addition to the F-15s already discussed, it's now confirmed that the Saudis may buy Boeing's Apache Longbow and Little Bird helicopters, and Black Hawk choppers from United Technologies
$30 billion here, $30 billion there -- pretty soon we'll be talking real money
And that's still just the start. The Pentagon is also negotiating to upgrade Saudi naval forces at a cost of perhaps $30 billion more. (Beneficiaries here could include either or both of Lockheed Martin
Topping it all off, the Saudis are also interested in upgrading their Patriot surface-to-air missile capability, and buying Terminal High Altitude Area Defense (THAAD) anti-missile systems, a sale that would benefit not just prime contractor Lockheed, but also key subcontractors Raytheon
In short, this is a deal that could affect anybody and everybody -- beneficially -- with a total price tag that approaches and could ultimately even exceed $100 billion. Granted, the details are still being worked out. And regardless of what products end up in the final contract, delivery will almost certainly be spread out over the course of five to 10 years. But the upshot is...
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