World | Saudi Arabia US Hawking F-15s to Saudis For the paltry sum of $29.4B By Polly Davis Doig Posted Dec 29, 2011 5:32 AM CST Copied A US F-15 jet performs during MAKS-2011, the International Aviation and Space Show, in Zhukovsky, outside Moscow, on August 16, 2011. (Getty Images) As Iran continues its saber-rattling, the US is responding by beefing up the military might of a regional ally. The Obama administration will announce the sale of $29.4 billion in F-15s to Saudi Arabia, sources tell the AP, in a deal for 84 new jets and upgrades to 70 existing ones. The fighter jets are part of an overarching $60 billion arms deal Washington cut last year with the Saudis, which also includes helicopters, missiles, bombs, and radar systems. Read These Next Merchants could slap new surcharges on certain credit card purchases. Here's where things stand in the House ahead of shutdown vote. The 8 Democrats who bucked party on shutdown have something in common. Students hit with felony charges over a giant anti-TPUSA insect. Report an error