WASHINGTON Feb 1 Saudi Arabia'has reached an agree ment with five US defence contractors and the Pentagon to reschedule some 9 2 bjllion dollars in debt payments for weapons systems. US officials said Monday, reports AFP

The agreement calls for Saudi Arabia, which been hurt by declining crude oil. prices, to pay for US-made tighter planes and other arms purchases over the next two years, said a Defence Department spokesman

The accord was concluded by the Kingdom and McDonnell Douglas, which is selling 72 of its F-15 tighter planes to Saudi Arabia, as well as General Dynamics, FMC Corporation. Raytheon and Hughes Aircraft.

Under the agreement, the Saudi will take delivery of one F-15 a month starting in 1995 instead of two per month as initially planned

The Wall Street Journal first reported the agreement, citing Saudi Prince Bandar bin Sultan.

The agreement allows Saudi Arabia to move ahead with plans for six billion dollars in civilian aircraft purchases from boeing and McDonnell Douglas, according to the newspaper. The report made no mention of plans for Saudi purchases of European-made aircraft from airbus, which is also seeking to sell to the kingdom.