Qatari jet export deal boost for BAE Systems
Qatar’s deal to buy 24 Typhoon jets and nine Hawks is now officially effective after BAE Systems received its first payment today.
The deal, worth around £5bn, includes the aircraft and a bespoke support and training package.
Qatar is now buying nine Hawk trainers, rather than six, which will also be welcome news for BAE Systems’ factories in Warton, near Preston, and Brough, near Hull, which make the jets.
UK Export Finance’s £5bn package of support was vital to securing the deal.
UKEF’s role is to support UK ex... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...