06-07-2017, 10:29 AM
https://www.yahoo.com/gma/truth-president-trump-110-billion-saudi-arms-deal-000003153--abc-news-topstories.html
So about that $110 billion dollar arms deal . . .
So $1.7 billion in new contracts during the Trump administration, $23.7 billion in prior sales, and a whole lot of memorandums which aren't the same as contracts or actual sales.
So about that $110 billion dollar arms deal . . .
Quote:In total, the six possible sales are valued at about $23.7 billion. Five of the six notifications were announced during the Obama administration, some as far back as 2013.
Since then, three additional Saudi-related Congressional Notifications were issued in late May and early June. These potential sales involve training and radar systems sales and total roughly $1.7 billion.
All told, the approximate $25 billion in potential sales is far from Trump's claim of $110 billion. The other $85 billion would be categorized as a Memorandum of Intent (MOI), which the Pentagon's Defense Security Cooperation Agency describes as "potential future defense capabilities"
So $1.7 billion in new contracts during the Trump administration, $23.7 billion in prior sales, and a whole lot of memorandums which aren't the same as contracts or actual sales.
