It’s A “Buyer’s Market” For Weapons; Here’s Who’s Selling

It’s A “Buyer’s Market” For Weapons; Here’s Who’s Selling

Earlier this month, the US decided to block the sale of precision-guided weapons to Saudi Arabia. The kits - which transform "dumb" bombs into "smart" bombs - are worth around $350 million. Shares of RTN were not happy: "We've decided not to move forward with some foreign military sales cases for air-dropped munitions, PGMs (precision-guided munitions)," an Obama administration official said, a few days later. "That's obviously a direct reflection of the concerns that we have about Saudi
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