U.S. approves potential sale of Joint Direct Attack Munitions-Extend Range to Saudi Arabia for $5 billion

Sept 4 (Reuters) - The U.S. State Department said on Friday it had approved the potential sale of Joint Direct Attack Munitions-Extend Range to Saudi Arabia for an estimated $5 billion.The principal contractor is Boeing, the state department said.The State Department also said it had approved a possible sale of AGT-1500 engines to Saudi Arabia for an estimated $750 million. The principal contractor for sale of the engines is Honeywell, the department said. (Reporting by Ismail Shakil and Christi

Source: Al-Monitor