Ratheyon fears Biden will cancel $500 million arms sale to Saudi Arabia
AP Photo/Elise Amendola Raytheon expects the Biden administration to cancel a $500 million arms sale to Saudi Arabia. Raytheon CEO Greg Hayes made the prediction on a Tuesday call with investors, Defense One reported. Critics said the deal would fuel the Saudis' devastating war in Yemen. The Biden administration will cancel a $500 million sale of bombs to a US ally — believed to be Saudi Arabia — the CEO of a major defense contractor predicted on Tuesday. As reported by Defense One, Raytheon CEO Greg Hayes told investors that his company is already planning t...