Sertec Group named as Company of the Year at the ‘Metalforming Oscars’
A supplier of millions of components every day to cars, lorries and engines has been named…
BAE Systems is set to supply 48 Typhoon Aircraft to Saudi Arabia in deal expected to be worth £10bn, something that will safeguard up to 5,000 jobs in Lancashire. The UK Government has signed a Memorandum of Intent with the Kingdom of Saudi Arabia to aim to finalise discussions for the purchase of 48 Typhoon Aircraft.
The deal arrives after a visit to the UK by the crown prince of Saudi Arabia, Mohammed bin Salman. The prospect of a Saudi Arabia deal provides a boost, coming on top of a recent £5bn order from Qatar for 24 Typhoon fighters.
The UK signed a memorandum of intent with the Saudis. The BAE chief executive, Charles Woodburn, said this news was: “a positive step towards agreeing a contract for our valued partner, the Kingdom of Saudi Arabia. We are committed to supporting the kingdom as it modernises the Saudi armed forces.”
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