BAE Systems: Saudi Arabia to Buy 48 Typhoon Aircrafts From U.K.
10 March 2018 - 2:52AM
Dow Jones News
By Dimitrios Kontos
Defense company BAE Systems PLC (BA.LN) said Friday that the
U.K. government has signed a memorandum of intent with the Kingdom
of Saudi Arabia aiming to finalize discussions for the purchase of
48 Typhoon aircrafts.
The U.K. company said that this is a positive step toward
agreeing a contract.
Shares at 1517 GMT were up 15.20 pence, or 2.6%, at 604.20
pence.
Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com
(END) Dow Jones Newswires
March 09, 2018 10:37 ET (15:37 GMT)
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