BAE cuts fighter price for radar deal
BAE Systems has cut the price of its Eurofighter Typhoon for Saudi Arabia by 10 percent in return for a stake in the oil-rich kingdom's border security project.
Western diplomatic sources also told The Business that 72 fighters will be purchase for the RSAF.
British Defense Secretary, Des Browne, is expected to be in Riyadh soon to sign an agreement on the Typhoon Acquisition Project with the Saudi defense minister.
The deal includes the construction of a plant to assemble the Eurofighter from components shipped from Europe as well as maintaining the jets over the life of the 25-year contract.
Sources
BAE cuts Eurofighter price by 10% to clinch Saudi deal - The Business
BAE cuts fighter price for radar deal - Telegraph
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