18th Aug 2006 07:59
BAE SYSTEMS PLC18 August 2006 UK - SAUDI ARABIA DEFENCE MODERNISATION 18 August 2006 BAE Systems welcomes today's announcement that the Governments of the Kingdom ofSaudi Arabia and the United Kingdom of Great Britain and Northern Ireland haveagreed the required commercial principles which will effectively initiate thepurchase of Typhoon aircraft and the associated commitment to the industrialplan to be launched. In December 2005, the Governments of the Kingdom of Saudi Arabia and UnitedKingdom of Great Britain and Northern Ireland signed an Understanding Document,intended to establish a greater partnership in modernising the Saudi ArabianArmed Forces. Ends Issued by: BAE Systems plc London This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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