Le Lézard
Classified in: Business
Subject: FOR

Saudi Ambassador Welcomes the Formal Notification for Proposed Missile Defense Sale


WASHINGTON, Oct. 10, 2017 /PRNewswire-USNewswire/ -- The Ambassador of the Kingdom of Saudi Arabia welcomes the formal notification for the proposed acquisition of Terminal High Altitude Area Defense (THAAD) equipment, support and services. This $15 billion sale is intended for the enhancement of the Kingdom's national security from ballistic missile threats posed by Iran and the Iranian-backed Houthi militia operating in Yemen.

His Royal Highness Prince Khalid bin Salman, Ambassador to the United States remarked on the notification saying, "Saudi Arabia is located in a volatile area of the world and millions of our citizens ? our families and children ? sleep each night and live each day within five minutes range of Iranian and Houthi missiles.  It is our government's sacred responsibility to provide for their security."

In recent months, Iran has advanced its ballistic missile programs and has launched ballistic missile tests which are threatening to neighboring countries.  In addition, the Iranian-backed Houthi militia has launched more than 76 ballistic missiles into Saudi territory resulting in hundreds of causalities.  The Houthis have also launched ballistic missiles targeting Makkah, the holiest site of Islam.

Ambassador Khalid bin Salman further stated, "Saudi Arabia values the long-standing and close partnership with the United States and our mutual commitment to ensuring peace and stability in the region.   The THAAD acquisition is another milestone in our strategic alliance, and will further enhance our joint efforts to counter mutual threats."

In addition to THAAD, Saudi Arabia has previously announced plans to purchase $110 billion in new defense equipment from U.S. suppliers to protect its citizens.

 

SOURCE Royal Embassy of Saudi Arabia, Information Office


These press releases may also interest you

at 08:24
The following issues have been halted by CIRO: Company: Infrastructure Split TSX Symbol: IS All Issues: Yes Reason: Pending Closing Halt Time (ET): 8:00 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of...

at 08:24
The following issues have been halted by CIRO: Company: Awakn Life Sciences Corp. CSE Symbol: AWKN All Issues: Yes Reason: Cease Trade Order Halt Time (ET): 7:45 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a...

at 08:23
The following issues have been halted by CIRO Company: Nevada Zinc Corporation TSX-Venture Symbol: NZN All Issues: Yes Reason: Cease Trade Order Halt Time (ET): 7:45 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a...

at 08:23
From April 20th to April 27th, representatives of GWM's global partners gathered in China to learn more about GWM's R&D and production achievements, and to test-drive GWM's new models on the spot. Partners explored GWM's achievements on globalization...

at 08:22
The following issues have been halted by CIRO: Company: New Frontier Ventures Inc. CSE Symbol: VFI.X All Issues: Yes Reason: Cease Trade Order Halt Time (ET): 7:45 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a...

at 08:20
Liberty Media Corporation ("Liberty Media" or "Liberty") today reported first quarter 2024 results. Headlines include(1): Attributed to Liberty SiriusXM Group SiriusXM reported first quarter 2024 operating and financial results First quarter...



News published on and distributed by: