The Real Reason For Obama’s Trip To India: The Sixth Biggest Arms Deal In U.S. History
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President Obama is traveling to India this weekend to make a $5 billion sale for 10 of Boeing’s C-17 cargo planes. If India signs the contract, this would be the sixth biggest arms deal in U.S. history.This and the pending $60 billion deal with Saudi Arabia will certainly help to jump-start the economy, as they have for the past fifty years.
“There’s no question it’s big business,” he said. “But relative to the overall size of our economy and other things we export it’s not like these deals will make or break us.”