Concluding a high-stakes international competition, the United Arab Emirates is planning to buy dozens of U.S.-made F-16 fighter jets in a deal valued as high as $8 billion, U.S. officials say.
Two Clinton administration officials, speaking on condition of anonymity, confirmed Monday that a deal had been reached. Congressional aides said they expect the Persian Gulf nation to buy as many as 80 F-16 Fighting Falcons under a contract valued at $6 billion to $8 billion.An announcement was expected later Tuesday. The country's crown prince, Sheikh Khalifa bin Zayed Al Nahyan, was meeting with President Clinton and Vice President Gore at the White House. Gore plans to travel to Texas on Friday to tour the Lockheed Martin plant in Fort Worth where the F-16 is assembled.
Gore spokeswoman Jodi Sakol would not discuss the vice president's trip other than to say Gore "will be making an announcement that will bring thousands of jobs to Texas."