If it goes ahead, the sale of some 84 new F-15 jets and dozens of helicopter will be the largest U.S. arms deal ever.
The Obama administration is pitching the sale as a major opportunity to create new jobs for the beleaguered American economy. Companies including Boeing, Northrop Grumman, Lockheed Martin and General Electric say more than 75,000 jobs could be created to build the new aircraft.
According to The Journal's sources, who remained anonymous, negotiations are also continuing on a side-deal which could see the Saudis pay an additional $30 billion for a U.S.-made upgrade to their naval forces.
Congress is expected to okay the sale of the aircraft ---- made tough to reject in America's current economic state by the prospect of new jobs.