Russia drafts $10 bln arms sales deal with Saudi Arabia

It has been reported that the Saudis are negotiating purchases of Iskander-E tactical missile systems, while also confirming their readiness to start pre-contract negotiations over the purchase of several battalions of S-400 anti-aircraft weapon systems.

Kommersant reports that Moscow is preparing a package deal worth $10 billion  for the next visit of Saudi king to Russia. The deal covers sales of aviation equipment and ammunition to Saudi Arabia, as well as several types of air defense systems of various ranges.

Read alsoPutin: Russia obtains high-precision weapons, has will to use itEarlier, Russian President Vladimir Putin stated it was not about the "global race," but the fact that Russia had to modernize its army with high-precision and high-tech weapons, because many  systems had become outdated, while the world continued seeing advancement in the weaponry.