Tag Archives: F-35

Report: UAE Inks Purchase Deal With US for F-35 Jets, Drones

The U.S. and the United Arab Emirates have signed an agreement for the UAE to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets and up to 18 drones, Reuters reported Thursday. The F-35s are part of a potential $23 billion deal that includes the procurement of high-tech weapons systems …

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R. Clark Cooper: Potential $23B Deal With UAE for F-35 Jets, Other Weapons Could Be Signed Before Jan. 20

R. Clarke Cooper, assistant secretary of state for political-military affairs, said the U.S. government is expected to sign a potential $23.37B deal for the sale of Lockheed Martin-built (NYSE: LMT) F-35 fighter jets, drones and other weapons systems to the United Arab Emirates before the Trump administration ends, Defense News …

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Congress OKs Spending Package With $900B COVID-19 Relief Fund

US Capitol

A spending package that includes $900B in COVID-19 relief funds is now headed to the White House for President Donald Trump’s signature after the Senate passed the bill in a 92-6 vote late Monday, The Wall Street Journal reported Tuesday. The Senate’s decision came hours after the House voted 359-53 to approve the relief measure and a $1.4T spending bill that would fund government operations through the end of September.

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Senate Introduces $696B FY 2021 Defense Bill Under $1.4T Spending Package

US Capitol

The Senate on Tuesday proposed a $1.4T spending package that includes $696B in defense appropriations for fiscal year 2021, Defense News reports. Senators must reconcile the upper chamber's 12-bill package with the House, which passed in July a $694.6B defense spending bill for FY 2021 as part of a $1.3T package, and reach a deal before a continuing resolution expires on Dec. 11 to avoid a government shutdown.

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