17th Sep 2007 15:48
BAE SYSTEMS PLC17 September 2007 BAE Systems - Agreement between the Kingdom of Saudi Arabia and the UK Government. 17 September 2007 Following the Understanding Document signed in 2005, BAE Systems notes theannouncement today by the UK Ministry of Defence of the signing of an agreementbetween the Kingdom of Saudi Arabia and the UK Government for the supply of 72Typhoon aircraft to Saudi Arabia as part of the new defence cooperationprogramme known as "Project Salam". Negotiations relating to the principal terms of the agreement have beensuccessfully concluded and the signed agreement is expected to become effectivein due course. BAE Systems welcomes this important milestone in its strategy to continue todevelop Saudi Arabia as a key home market with substantial employment andinvestment in future in-Kingdom industrial capability. Issued by:BAE Systems plcLondon This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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