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London/Abu Dhabi: The Arab states of the Gulf have embarked on one of the largest rearmament exercises in peacetime history, ordering US weapons worth some $123 billion (Dh451.7 billion) as they seek to counter Iran's military power.
A package of US arms worth more than $67 billion for Saudi Arabia accounts for the largest single component of this military build-up, providing a huge boost to the American defence industry.
The first phase of this agreement — soon to go before the US CongresThe UAE has received clearance to buy Thaad, a high altitude missile defence system being develop
Good news for the US arms manufacturers.