Saudi Arabia and the United Kingdom signed Memorandum of Intent (MoI) to finalise discussions for the purchase of 48 Typhoon aircrafts.
Courtesy BAE Systems
The two nations have signed a number of MoU’s to deepen and broaden cooperation between them and enhance the Kingdom’s industrial defence capabilities, noting that this was being achieved through technology transfer and capability development, training and building a partnership in research and development on a national and industrial level and providing technical advisory to the development programme of the Ministry of Defence in Saudi Arabia.
ADS Chief Executive Paul Everitt said: "The Memorandum of Intent is welcome news for BAE Systems and its UK supply chain, which has a 37.5% workshare on the Typhoon programme. Our nation’s expertise in designing, building and supporting world-leading combat air capabilities plays a vital role in safeguarding national security and generating economic prosperity.
“Today’s announcement, coupled with the MoD's work to develop a Combat Air Strategy, will help ensure the UK remains a world leading military air power and a highly competitive and capable option in the export market."