Sometimes I fail to understand world policy, and this one sure makes me want to ask a few questions. Looks like a good way to move hardware and let somebody else pay for it to me. There's more to this than meets the eye.

Pentagon OKs $6 bln in arms sales to Saudi Arabia.
By Andrea Shalal-Esa

WASHINGTON (Reuters) - The Bush administration said on Thursday it approved the sale to Saudi Arabia of 24 UH-60L Black Hawk helicopters, radios, armoured vehicles and other military equipment worth more than $6 billion (3.25 billion pounds).

Congress has 30 days to block the sales, although such action is rare.

The Pentagon's Defence Security Cooperation Agency said the principal contractors for the different sales included Sikorsky Aircraft, a unit of United Technologies Corp., General Electric Co., Harris Corp., ITT Corp., General Dynamics Corp., and Raytheon Corp..

Read it HERE

Maybe this is just how we move our assets around. Hmmmm Not sure about this one.

Contributed by Jim Bartimus on July 20, 2006 at 09:07 PM in Jim Bartimus | Permalink

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