Approved

The U.S. State Department today approved the possible sale of 48 F-35 Lightning II Joint Strike Fighters to the Kingdom of Saudi Arabia.

The proposed deal, worth an estimated total cost of $24.3 billion, was announced as the Kingdom is in the midst of a fierce fight against the Houthi rebels of Yemen. It marks a major policy shift, with Washington previously being unwilling to export the advanced stealth fighters to Arab states and will likely serve as a reminder at a very challenging time for the Saudis of the unique security capabilities that only the U.S. can provide them.

In addition to the jets, which will be conventional takeoff and landing variants, Saudi Arabia has requested 49 Pratt & Whitney F135-PW-100 engines, support and other items.

Despite concerns from Israel that providing Saudi Arabia with the advanced fighters will tip the balance of power in the region, the proposed sale of this equipment and support “will not alter the military balance in the region,” the State Department noted. 

The United States has a requirement to maintain Israel’s so-called qualitative military edge, which essentially guarantees that Israel will be prioritized for advanced U.S. weapons ahead of Arab states in the region. Among these advanced weapons, the stealthy F-35 is highly prominent.

You can read our past feature about the wide-ranging impacts of an F-35 sale to Saudi Arabia here.

“This proposed sale will support the foreign policy and national security objectives of the United States by improving the security of a major non-NATO ally that is a force for political stability and economic progress in the Gulf region,” the State Department wrote. “The proposed sale will improve Saudi Arabia’s capability to deter current and future threats by strengthening its homeland defense, and improving interoperability with U.S. forces, and other regional and NATO forces.  The proposed sale will also augment Saudi Arabia’s operational aircraft and enhance its air-to-air, and air-to-ground self-defense capability.  The Kingdom of Saudi Arabia will have no difficulty absorbing this equipment and services into its armed forces.”

In November, “President Trump approved a major defense sale package, including future F-35 deliveries, which strengthens the U.S. defense industrial base and ensures Saudi Arabia continues to buy American,” according to the White House.

Trump has pushed for closer ties between Israel and Saudi Arabia and wants the Kingdom to join the Abraham Accords initiative. This is a set of agreements that establish normalized diplomatic relations between Israel and different Arab states. Doing so would be a major breakthrough, following the United Arab Emirates, Bahrain, Morocco, and others.

A Saudi F-35 deal was also discussed under the Biden administration, as part of a broader deal that sought to normalize the Kingdom’s relations with Israel.

This is a developing story.

Contact the author: howard@twz.com

Northampton chairman Kelvin Thomas said: “This has been a detailed and rigorous process, involving significant scrutiny of the proposed investment, the ownership structure, financial sustainability, and the suitability and financial standing of those involved.

“The successful completion of both the IFR and EFL processes represents an important milestone for the club and should provide supporters and stakeholders with further confidence in the proposed investment and the foundations being put in place for the club’s future.

“We would like to thank both the EFL and the IFR for their professionalism, diligence and thoroughness throughout their respective processes.

“As supporters will see from their varied backgrounds, there is a genuine passion for football within the group. A number of the investors have already visited Northampton, spent time at the club and attended matches.

“They will bring a strong blend of football, corporate and financial expertise to the club and with significant Brazilian representation within the group we also hope they might bring a little Brazilian excitement and flair with them.

“Now the regulatory processes have been completed we move towards completing the remaining documentation and finalising the investment. Full details regarding the investment, structure and the principal investors involved will be announced upon completion.

“We thank the fans for their patience, but it is reassuring that these in-depth processes are in place for football.”

Unlike North Sea oil, most of which is exported and then reimported in various refined forms, almost all North Sea gas is used domestically in the UK.

The UK is heavily reliant on gas imports with over 60% imported from Norway and the United States.

Wholesale natural gas prices have surged this year as a result of the Iran war and are currently at a three-year high, prompting concerns over energy security.

Gas storage levels in Europe are significantly lower than usual for this time of year after countries delayed stockpiling in the summer in the hope that the conflict would end before winter and prices would in turn fall.

They face the prospect of rushing to buy gas now or paying potentially higher prices when the winter comes.

Prices are set internationally and a green light to Jackdaw would not lower the cost of gas for domestic consumers.

But extracting gas domestically creates lower greenhouse gas emissions than liquefying, shipping and regasifying liquid natural gas (LNG) imported from other countries.

Chris O’Shea, the boss of British Gas owner Centrica, said any additional domestic gas supply would reduce Britain’s reliance on imported fossil fuels, “so it’s got to be good”.

He told the BBC’s Today programme: “It wouldn’t lower the cost materially, but basic economics would tell you that if you’ve got a fixed demand for a product and you increase the supply, the price should move.”

He also pointed to the high tax rates on profits from North Sea oil and gas, adding that the new extraction would give the government more money to spend.