4 Major US Defense Stocks to Benefit From Saudi Exposure

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Saudi Arabia has been facing geo-political threats from neighboring nations like Iran, Yemen, and most currently Qatar. And, the United States tends to benefit the most from such flare-ups in the Middle East as Saudi Arabia stands out as the largest buyer of U.S. weaponries (per CNBC).

According to the Stockholm International Peace Research Institute, Saudi Arabia has accounted for 18% of U.S. arms sales in the past five years, totaling around $9 billion. A massive $110-billion arms deal was signed by President Trump with Saudi Arabia this May, which has the potential to touch $350 billion in the next decade. This signals the immense importance that Saudi Arabia has for American Defense giants.

Let’s take a closer look at such defense giants and their arms exposure in recent times with the Saudi Army.  more

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