Report: Boeing, Raytheon in Line to Receive $7B Munitions Order by Saudi Arabia

TYSONS CORNER, VA, Nov. 28, 2017 — Boeing (NYSE: BA) and Raytheon (NYSE: RTN) are anticipated to receive orders to supply precision-guided munitions under a potential 10-year, $7 billion purchase by Saudi Arabia, GovCon Wire reported Monday.

Reuters reported Thursday the agreement has not yet been confirmed but is part of a $110 billion weapons deal package signed during President Donald Trump’s visit to the Middle Eastern country in May.

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