Friday 21 December 2012

BAE Systems wins £2.5bn Oman Hawk and Typhoon contract



UK aerospace company BAE Systems has won a £2.5bn aircraft contract with the Sultanate of Oman.
BAE will provide 12 Typhoon fighter jets and eight Hawk Advanced Jet Trainer aircraft.
The contract will cover the supply of the aircraft and in-service support for them and is the latest in a long line of contracts to supply Oman.
The news comes two days after BAE announced a delay to its deal to supply Saudi Arabia with 72 Typhoon fighters.
The group said the hold-up was due to disagreements over the final contract price. BAE has supplied 24 jets to the kingdom so far.
BAE said the delay could reduce its full-year underlying earnings-per-share by approximately three pence.

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