Saudi Arabia signs UK defence deal

Saudi Arabia has signed a deal with the UK to buy 72 Euroefighter Typhoon aircraft in a deal that analysts say could be worth more than $11 billion.

    The Eurofighter Typhoon on show generated some interest

    A Saudi defence ministry statement, carried by the official SPA news agency, said: "The agreement was signed for the purchase of 72 Typhoon aircraft."

    Sources close to the negotiations had said a deal signed in December was believed to have an option of up to 72 aircraft.

    The brief statement, which did not give the value of the deal, said it also included a defence technology transfer.

    The purchase is being carried out to replace British-made Tornados and other jets with the Typhoons.

    The multinational Eurofighter consortium that makes Typhoon jets includes British defence contractor BAE Systems Plc, European aerospace group EADS and Italy's Finmeccanica.

    BAE is expected to invest in local training for thousands of Saudi nationals.

    Saudi Arabia has a history of buying arms from Britain dating back to the 1960s, and usually pays in oil.

    SOURCE: Reuters


    YOU MIGHT ALSO LIKE

    'We were forced out by the government soldiers'

    'We were forced out by the government soldiers'

    We dialled more than 35,000 random phone numbers to paint an accurate picture of displacement across South Sudan.

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.

    Pakistan's tribal areas: 'Neither faith nor union found'

    Pakistan's tribal areas: 'Neither faith nor union found'

    Residents of long-neglected northwestern tribal belt say incorporation into Pakistan has left them in a vacuum.