Britain reaches Eurofighter price deal with Saudi: BAE
▻http://english.al-akhbar.com/node/18696
Britain has reached an agreement over the rising cost of providing Saudi Arabia with Typhoon Eurofighter jets, British defense company BAE Systems said on Wednesday. BAE, working in close co-operation with the British government, signed a $7.5 billion deal in 2007 to supply 72 Eurofighter Typhoon jets to Saudi Arabia. Even though some planes have been delivered, the contract has faced obstacles over rising costs. “Both governments have now agreed price escalation terms relating to the Typhoon aircraft under the Salam program,” BAE said in a statement. read more