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  • UK seeks £2bn Saudi Type-45 destroyer contract

    03/09/2007 2:19:05 AM PST · by sukhoi-30mki · 3 replies · 1,202+ views
    AFX News Limited ^ | 09 March 2007
    BAE Systems and VT Group set for 2 bln stg Saudi destroyer deal - report 03.09.07, 3:33 AM ET LONDON (AFX) - Britain is aiming to win a 2 bln stg order from Saudi Arabia for the world's most advanced naval destroyer, which would be built by BAE Systems PLC and VT Group PLC, The Independent newspaper reported. The proposed deal comes just three months after the Serious Fraud Office (SFO) was forced to drop an investigation into claims BAE Systems (other-otc: BAESF.PK - news - people ) bribed Saudi officials to secure the Al Yamamah arms-for-oil contract. The report...