Today, the Uk Government signed a Memorandum of Intent with the Kingdeom of Saudi Arabia to aim to finalise discussion for the purchase of 48 Typhoon Aircraft.
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."