Search This Blog

Monday, May 07, 2012

BAE Systems near $800 million Saudi Hawk deal

[Hawk trainer]BAE Systems is close to sealing a 500 million pounds ($808 million) deal to sell up to 30 Hawk trainer aircraft to Saudi Arabia, the Sunday Times reported.

The sale would provide some welcome relief for the defense giant, which is battling against shrinking defense budgets in Europe and America.

Saudi Arabia has ordered 72 Eurofighter Typhoon jets from BAE and needs the Hawks to train its pilots.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.