U.S. approves $1.96 billion weapons sale to Saudi Arabia
Washington also lined up a $484 million C-17 maintenance package for Kuwait as tensions with Iran intensified.
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#Bae Systems
Rheinmetall sinks 13% as Germany may drop $ multiwarship project
What's new: A report said Berlin could scrap six F126 frigates, dragging Hensoldt, Renk, Saab, Leonardo and BAE lower.
Germany seeks 40% KNDS stake as France aligns holdings before IPO
What's next: A listing could come as soon as Tuesday, with Bloomberg reporting a possible valuation of 15 billion to 18 billion euros.