BAE Systems is set to supply 48 Typhoon Aircraft to Saudi Arabia in deal expected to be worth £10bn, something that will safeguard up to 5,000 jobs in Lancashire. The UK Government has signed a Memorandum of Intent with the Kingdom of Saudi Arabia to aim to finalise discussions for the purchase of 48 Typhoon Aircraft.
The deal arrives after a visit to the UK by the crown prince of Saudi Arabia, Mohammed bin Salman. The prospect of a Saudi Arabia deal provides a boost, coming on top of a recent £5bn order from Qatar for 24 Typhoon fighters.
The UK signed a memorandum of intent with the Saudis. The BAE chief executive, Charles Woodburn, said this news was: “a positive step towards agreeing a contract for our valued partner, the Kingdom of Saudi Arabia. We are committed to supporting the kingdom as it modernises the Saudi armed forces.”
