Fighter Jet, Arms Sale | featured news

(Image from article: "India Rejects U.S. Bids for Big Order of Fighter Jets")

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U.S., Saudi Arabia strike $30 billion arms deal

The Obama administration on Thursday announced an arms deal with Saudi Arabia valued at nearly $30 billion, an agreement that will send 84 F-15 fighter jets and assorted weaponry to the kingdom.

India Rejects U.S. Bids for Big Order of Fighter Jets

The United States lost a hard-fought competition to supply a new generation of fighter jets to India, which has listed two European manufacturers as the finalists for an order estimated to be worth $10 billion.

Timothy Roemer resigns as US ambassador to India

Saying he wants to spend more time with his family, Timothy Roemer expects to leave his post in New Delhi in June. There is speculation that the move is linked to India's decision to exclude 2 US companies from an $11-billion fighter-jet deal.

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