BAE to seal 20-billion-pound Eurofighter deal with Saudi Arabia
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Defence firm BAE Systems will next week clinch a 20-billion-pound deal to supply 72 Eurofighter Typhoon jets to Saudi Arabia, a report said Friday.
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German-French-Spanish aircraft maker Eurocopter, part of the European Aeronautics Defense and Space Company (EADS), signed a deal Friday to supply 18 military helicopters to new NATO member Bulgaria, which is ...
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PARIS/WASHINGTON  - Europe's EADS  trumpeted a deal to sell three jet-refueling planes to Saudi Arabia on Thursday while jockeying with Boeing  for a far bigger prize, a U.S. Air Force tanker order worth $40 billion.
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The former Saudi Arabian ambassador to the United States, Prince Bandar bin Sultan, may have received up to $2 billion in confidential payments from a British defense firm, BAE Systems, over a period of nearly 20 years, according to two British media reports.
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The US Justice Department has opened an investigation into BAE Systems , one of the world's largest arms makers, which has been accused of funneling money to a Saudi prince to help win an $86 billion weapons deal.
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SEPANG: Low-cost carrier, AirAsia Bhd, Friday signed a memorandum of understanding (MOU) with European space consortium, Airbus, for 40 firm orders to purchase the new A320 aircraft in a deal worth about US$2.5 billion (about RM9.5 billion).
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BAE Systems  is optimistic about the future of its business with Saudi Arabia, a senior manager said on Saturday, despite reports that the key customer had suspended talks over a multi-billion-pound arms deal.
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Saudi Arabia&#39;s Prince Bandar bin Sultan on Thursday reportedly denied receiving improper payments from British defence firm BAE in connection with Britain&#39;s biggest arms contract.
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European aerospace firm EADS says it is ready to tender for a bid to supply refuelling planes to the US air force.
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BAE Systems jolted investors yesterday when it predicted &quot;a modest performance improvement&quot; next year because of slimmer margins at its customer solution and support (CS&amp;S) business, which includes its long-running Al Yamamah contract with Saudi Arabia.
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Secret payments worth millions of pounds (euros/dollars) from British defence group BAE Systems have been found in the Swiss bank accounts of Syrian-born Saudi arms dealer Wafic Said, a report said.
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BAE Systems advised its shareholders to sell the British defence group's 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 2.75 billion euros (3.5 billion dollars).
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Air China Ltd. has signed an agreement with Airbus to buy 20 of its A330-200 aircraft, the Chinese flag carrier said Thursday.
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British defence company BAE Systems has won a major contract to upgrade Saudi Arabia's ageing Tornado fighter jets.
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BAE Systems is set to take on 1,000 new workers, in part to help it cope with a Â£6bn deal to supply jets to Saudi Arabia.
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BAE gave Prince Bandar of Saudi Arabia an airliner as part of Britain's al-Yamamah arms deal, and the arms firm is still paying the expenses of flying it.
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LONDON  - British defence contractor BAE Systems PLC said Monday it is buying DigitalNet Holdings Inc., a U.S. maker of secure computer networks and a leading information-technology supplier to the Pentagon.