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Saudi signs $3 bn deal with Britain to buy trainer jets
by Staff Writers
Riyadh (AFP) May 23, 2012


Saudi's defence ministry has signed a $3 billion deal with Britain to buy trainer jets for the kingdom's air force, SPA state news agency reported on Wednesday.

The deal also includes simulators, ground and training equipment and spare parts, SPA said, quoting a defence ministry official.

The official said the new jets would help qualify Saudi pilots "to use fourth generation jet fighters in full professionalism and efficiency."

Saudi Defence Minister Prince Salman bin Abdul Aziz in April visited Britain, a major supplier of weapons to the oil-rich kingdom.

Saudi Arabia in 2006 ordered 72 Eurofighter Typhoon fighters in a deal valued at $32.9 billion. The multi-role aircraft is built by a consortium of European firms in which Britain's BAE Systems has a 33-percent share.

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MILPLEX
Top Israeli arms firm fined for exports
Tel Aviv, Israel (UPI) May 21, 2012
Israel Aerospace Industries, flagship of Israel's defense industry, has been fined $260,800 for negotiating to export military equipment to an unidentified country without obtaining Defense Ministry approval. The unusual action, reported by the liberal daily Haaretz Monday, took place in 2011, but the disclosure was the latest episode in a recent campaign to clean up Israel's arms trade ... read more


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