The US State Department this week approved the sale of 72 F-15QA fighter jets to Qatar, plus 40 F-18E/F Super Hornet jets to Kuwait. Although contracts for both deals remain unsigned for now, it’s good news for Boeing and the company’s production of fighter jets.
The Qatar contract is worth 21.1 billion USD in total, while the Kuwaiti deal for 32 single and 8 dual seat Super Hornets involves 10.1 billion USD. The White House approved the proposed sale earlier this year, following a long time of delays and uncertainty. Meanwhile, Qatar sought out 24 Dassault Rafales for 7.5 billion USD, while Kuwait chose to buy 28 Eurofighter Typhoons from Italy for 9.1 billion USD.
These signed deals for European fighter jets raise the question wether both countries will still actually take the bait now layed out by the US. While requested by Qatar and Kuwait years ago, the actual purchase of F-15s and F-18s is far from final. Following the approval from Washington and this week’s green light from the State Departement, both countries remained quiet.
However, it is no secret that money flows easily in both Qatar and Kuwait, and that’s reason enough for Boeing to be in a festive mood. The F-15 and F-18 have generated cash flow since 1972 and 1980 respectively, and now are likely to do that for a couple of years more.
Currently, Boeing is producing what at first seemed to be the last batch of advanced F-15 Eagles for Saudi Arabia, plus the final F-18 Super Hornets and F-18 Growlers for the US Navy and Australia. The many US jobs involved now seem safe for some time to come.
Featured image (top): No sunset yet for the F-15. (Image © Jorge Ruivo)