BAE Systems fails to win £6bn contract to supply Typhoon fighters to UAE

[Gerald]

BAE Systems had been in talks with the UAE for more than a year to supply 60 Typhoon jet fighters.

BAE Systems has missed out on a £6bn contract to supply fighter jets to the United Arab Emirates, in a blow to British export hopes and David Cameron's own attempts to secure a deal.

The UK arms manufacturer revealed on Thursday that more than a year of talks to supply 60 Typhoon aircraft to the UAE had failed. It also said vital negotiations with the Saudi government over the pricing of an existing Typhoon contract, keenly anticipated by shareholders, will drag into next year.

http://www.theguardian.com/business/...n-figthers-uae

It sounds clear as a setback for David, when the deal did not go ahead.

Note: Thursday 19 December 2013 18.58 GMT