Saturday, December 31, 2011

$30 billion fighter jet deal with Saudi Arabia to bring thousands of jobs to St. Louis

KMOV.com

Posted on December 29, 2011 at 1:27 PM

Updated today at 4:47 AM

HAZELWOOD, Mo. (KMOV) ? It will be a very happy New Year for Boeing workers in St. Louis as Saudi Arabia has signed a nearly $30 billion deal for St. Louis-made fighter jets.

The contract calls for 84 new F-15 fighter jets and upgrades to 70 more.

Boeing says the agreement between the United States and Saudi Arabia will create and sustain more than 50,000 jobs through the end of the decade. It will help families for years, and will be a huge boost for St. Louis.

Congressman Russ Carnahan says the jobs will be high paying ones that will help people long-term.

The federal government said it believes the sale of the jets will help to stabilize and build relationships in the Middle East. ?

Source: http://www.kmov.com/home/US-signs-30-billion-dollar-deal-to-manufacture-Saudi-Arabia-fighter-jets-136386898.html

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