Posted on 09/17/2007 8:15:41 AM PDT by DTAD
RIYADH (AFP): Saudi Arabia announced on Monday it has signed a 4.43 billion pound (8.86 billion dollar) deal to buy 72 Eurofighter planes, after tortuous negotiations on one of the largest ever British export orders.
"The two governments on Tuesday (September 11) signed the contract for the acquisition of (72) planes for a cost of 4.43 billion pounds," a defence ministry spokesman told the state news agency SPA.
He said the deal follows an August 2006 agreement in principle and "a memorandum of understanding between the London and Riyadh governments to modernise the Saudi armed forces as part of their close defence ties".
(Excerpt) Read more at defencetalk.com ...
It rolls down hill ...
How big was the kick back?
The armament will see revenues for American companies-AMRAAMs & guided bombs are almost certain.
If they ever get paid....
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