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Europe : MoD and Saudis to sign £20bn contract for Eurofighters within weeks

Author: idrw team | 9 August 2007 | Views: 335

BY : David Robertson FOR THE TIMES

MoD and Saudis to sign £20bn contract for Eurofighters within weeks

The Ministry of Defence expects to sign a £20 billion contract with Saudi Arabia to supply 72 Eurofighter Typhoons within the next four weeks, The Times has learnt.

Negotiators are understood to be working towards an agreement before the month of Ramadan starts in mid-September and the deal could be completed as early as the end of this month.

The fighter jets will be built and supplied by BAE Systems, Europe’s largest defence company, as part of a government-to-government contract called al-Salam, or “Peace”.

Despite the importance of the deal to both the British and Saudi Governments, it is unlikely that there will be a ceremony to announce it. Saudi officials had thought that the Typhoon contract could be signed during a state visit to Britain by King Abdullah bin Abdul Aziz, the Saudi ruler, in late October, but this has been scrapped to prevent embarrassing questions being raised about the involvement of the Saudi Royal Family in previous defence contracts with BAE.
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Prince Bandar bin Sultan, the son of the Saudi Defence Minister, has been alleged to have received payments from BAE as part of the al-Yamamah Tornado contract. Both BAE and the Prince have denied that any payments were improper, but Saudi and British authorities are thought to want to keep al-Salam low-profile.

Britain shut down a Serious Fraud Office (SFO) investigation into allegations of corruption in al-Yamamah last December, but a US Department of Justice investigation is continuing. As a result, al-Salam, one of the most important export orders to be won by a British company, will be announced quietly in a few weeks’ time.

The al-Salam deal is expected to break down into £5 billion for delivery of the Typhoons, about two thirds of which will be assembled in Saudi Arabia. A further £5 billion will be spent on weaponary, while the lifetime maintenance contract for the jets will be worth a further £10 billion.

The Typhoons will replace the Tornados bought by Saudi Arabia as part of the al-Yamamah oil-for-arms deal. This was arranged by Margaret Thatcher in 1984 and has been worth £43 billion to BAE since then.

The Typhoon is the most advanced fighter in the world after the F22 Raptor, which is not available outside the United States. The Typhoon was originally designed to dogfight with Soviet MiG fighters over Central Europe, but it is being adapted for wider use.

BAE said yesterday that it was delivering the first multirole Typhoon to the Royal Air Force. It is capable of bombing raids as well as air-to-air combat.

However, it will be armoured vehicles and not fighter jets that are expected to have propelled BAE’s revenues in the first half of this year. The company, which employs 88,000 people worldwide, is forecast to announce operating profits up 14 per cent to £614 million today.

Analysts expect revenues to be up about 7 per cent to £6.81 billion, thanks to a number of large contracts to build mine-resistant vehicles for the US Army. Another key win for BAE in the first half was a $400 million (£196.3 million) contract to upgrade and refurbish Bradley Fighting Vehicles.

BAE will also confirm today that its $4.5 billion takeover of the Florida-based Armor Holdings, which makes armour panels for vehicles, has been approved by authorities in the United States. The deal would make BAE the sixth-largest supplier to the US Defence Department

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Comments (3)

#1 Author: avatar_singh (8 September 2007 10:39)

| Registered: 30 August 2007 | ICQ: --

main reason BIn laden was agasint anglosaxon bastards was because of selling unnessarily of r=iubbish briiths planes to saudi arabia to line british pockets at cost of saudis monay.

British Military Conference: Rebuilding the British Empire

http://www.larouchepac.com/news/2007/09/08/british-military-conference-rebuilding-british-empire.html

" September 8, 2007 (LPAC)--On September 10 a military conference entitled "Defence to 2020 and Beyond," has as it main theme, how the military must address the "breakdown of global order" in the next decade, according to Janes Defence Weekly. The conference is clearly aimed at the "day after" the financial collapse, and warfighting in the "new dark age" that Lyndon LaRouche has been warning of if a new financial system is not immediately implemented.

The conference main sessions have titles such as "Future of Warfare-What Should Be Anticipated- Policy issues; asymmetric conflict..." Another more telling session is entitled, "Protecting freedom of the seas, littorals and choke points if globalisation breaks down." And another, "After Iraq and Afghanistan - dealing with failed and failing states." "
----------------"After implementing a policy to destroy nation states, the British are now formulating a military doctrine to rebuild their empire on the East India company modal."

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#2 Author: avatar_singh (11 September 2007 20:30)

| Registered: 30 August 2007 | ICQ: --

http://larouchepac.com/news/2007/09/11/larouche-new-milllennium-ours.html

LaRouche: This New Millennium Of Ours!
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On a Fateful September Weekend:

- THIS NEW MILLENNIUM OF OURS! -

----------------------------------------------------------------------
With the advent of this September 2007, a recent century has died, and a new millennium is born. What an ironically wonderful 85th Birthday has been delivered to me, thus.
----------------------------------------------------------------------

During two decades, twenty years, from the February 1763 Peace of Paris, when the British empire was, in fact, born, until that British East India Company's empire-in-fact conceded the establishment of the United States of America's independence, in 1783, a certain world order of what became a see-saw conflict between those two English-speaking systems, has dominated the decisive strategic elements of the history of this entire planet. This conflict was pivoted, throughout the 1783-2007 interval to date, on the conflict between the system of usury represented by the imperial, London-centered Anglo-Dutch Liberal monetarism, on the one side, and, on the other, the American republican system of sovereign national credit associated with the name of the first U.S. Treasury Secretary, Alexander Hamilton, of the new U.S. constitutional Federal republic.

Now, during the recent weeks, the Anglo-Dutch Liberal monetarist system has been engaged with a process of the self-disintegration of its present world monetarist system of global practice of a rampant, and also virtually rabid form of usury. -------

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#3 Author: avatar_singh (30 September 2007 18:15)

| Registered: 30 August 2007 | ICQ: --

british conncetiuon msut be avoided at qall cost not least of which is the corrupt british system.

http://www.larouchepac.com/pages/breaking_news/2007/07/05/new_accomplice_BAE.asp

New Accomplice of Cheney/Bandar: Spotlight on British Cabinet Secretary in Blocking BAE Probe
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July 5, 2007 (LPAC)--An investigative spotlight is being put on a British senior servant who helped block the Serious Fraud Office's investigation of alleged bribery of Saudi officials by BAE Systems' massive Al Yamamah arms deal.

Sir Richard Mottram, who is currently the Cabinet's Permanent Secretary for Intelligence, Security and Resilience, according to today's Daily Telegraph , was involved in closing down the investigation. In fact Richard Wardle of the SFO, told the Parliament's Constitutional Affairs Committee last week that he stopped his investigations after being shown memos on the security threat from the prime minister offices, the attorney general and "papers from Sir Richard Mottram ".

The problem with Mottram's involvement is that fact that he held positions in Ministry of Defence in the past where he was very knowledgeable of negotiating the Al Yamamah project. --------"

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