BAE Systems is close to sealing a GBP500m (US$808m) deal to sell up to 30 Hawk trainer aircraft to Saudi Arabia, the Sunday Times reported. The sale would provide some welcome relief for the defence giant, which is battling against shrinking defence budgets in Europe and America. Saudi Arabia has ordered 72 Eurofighter Typhoon jets from BAE and needs the Hawks to train its pilots. The order is expected to be finalised within the next few months but it is likely to come too late to save the 845 jobs at BAE\'s Hawk factory in Brough, Yorkshire, which is set to close. BAE is Britain\'s biggest manufacturing company, with 100,000 employees around the globe. It is building two aircraft carriers for the Royal Navy and is a key partner on the Joint Strike Fighter, the world\'s biggest military aircraft programme.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor