BAE close to Saudi Arabia typhoon deal

Saudi Arabia has signed a memorandum of intent with the UK government regarding the purchase of 48 Typhoon aircraft from BAE Systems.

BAE Systems TyphoonThe agreement was made during Crown Prince Mohammed bin Salman’s three-day visit to the UK, but does not yet constitute a confirmed order.

Moving closer to a full agreement is positive news for manufacturer BAE, which has seen Typhoon orders cool in recent years. In 2017, the firm axed 1,400 jobs across its military air division as a result.

Around 17,000 jobs in Lancashire are directly connected to the product of military aircraft, through BAE’s sites in Samlesbury and Warton.

A BAE Systems statement read: “This is a positive step towards agreeing a contract for our valued partner. We are committed to supporting the Kingdom as it modernises the Saudi Armed Forces and develops key industrial capabilities critical to the delivery of Vision 2030.”

Share this on social media

Featured Articles

See All Articles

Join the LBV hub

Exclusive industry insight straight to your inbox

  • Exclusive emails
  • Print subscription
  • Directory submission
  • First for industry news
Other benefits

Our LBV Hub subscription is perfect for those looking to raise your business profile in Lancashire. The Hub allows you to post your news and views and much more.

Sign up now

Subscribe now

Subscribe now and gain access to our current issue and recent back issues.

Subscribing to Lancashire Business View will keep you up-to-date with the very latest business from across the county. In print six times a year, its pages contain news, analysis and opinion on the issues that affect business in Lancashire. There is key information that can help businesses flourish, and entertaining features on the personalities behind the headlines.

Subscribe now

Lancashire Business view Email Newsletter

Keep up to date with all the latest developments & news.

Opt in*
*Opt-in here to receive LBV’s weekly round-up of business news, advice and events direct to your inbox plus other relevant information about the magazine.
Advertise with us Join the LBV Hub