Live
- People’s trust back in govt: PM
- ‘Kaise ho bhai’: Modi’s candid moment with Akshay Kumar
- Indian startups raise $182m in funding this week
- SpaceX to launch India’s GSAT satellite
- Physics teachers told to inspire students
- Central Bank of India conducts property expo
- Siddhartha College student bags 2nd rank
- Governor expresses grief over demise of Ramamurthy Naidu
- Free coaching to be provided at BC Study Circles in 26 dists
- Previous TTD board looted pilgrims’ money, slams Bhanu
US approves THAAD missile defence for Saudi Arabia for $15bn
The U.S. State department has approved the likelihood of the sale of the Terminal High Altitude Area Defence (THAAD), a U.S. missile defence system, to Saudi Arabia\'s Government for an estimated cost of 15 billion dollars.
Washington [United States]: The U.S. State department has approved the likelihood of the sale of the Terminal High Altitude Area Defence (THAAD), a U.S. missile defence system, to Saudi Arabia's Government for an estimated cost of 15 billion dollars.
The U.S. Defense Security Cooperation Agency (DSCA), in a statement, said, "This sale furthers U.S. national security and foreign policy interests, and supports the long-term security of Saudi Arabia and the Gulf region in the face of Iranian and other regional threats."
The Saudi Government has requested 44 THAAD launchers">THAAD launchers, Interceptor missiles, Fire Control and THAAD radars. Also included are, THAAD Battery maintenance equipment, generators, electrical power units, trailers, communications, publications and technical documentation and other related elements of logistics.
"This potential sale will substantially increase Saudi Arabia's capability to defend itself against the growing ballistic missile threat in the region," the statement added.
Lockheed Martin and Raytheon are the principal contractors for the THAAD system.
