Saudis put British defence deals on ice - Eurofighter Deal Not in Danger
Posted on:
May. 2nd, 2007 || Source:
business.timesonline.co.uk |
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Saudi Arabia is understood to be delaying plans to buy British defence equipment after the controversy and public debate surrounding its links with BAE Systems.
Defence industry and diplomatic sources said that the Saudis are deeply embarrassed by the furore that followed the Government’s decision to halt an investigation into BAE’s dealings with the Kingdom.
Negotiations to buy defence equipment, including two Type 45 destroyers worth £800 million each, have stalled as the Saudis wait for calmer times
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