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FINANCIAL NEWS
Oman to ink USD4b fighter jets deal with UK’s BAE
22 Dec 2012
(MENAFN) Oman is set to ink a big fighter jets deal with UK’s BAE Systems as part of a drive to secure sales of more than 100 aircraft, Reuters reported.
UK Prime Minister David Cameron will visit Muscat to seal a deal for to sell 12 Eurofighter Typhoon combat jets and eight Hawk 128 advanced jet trainers, in a deal worth about USD4 billion, according to a Bloomberg report.
Deliveries are expected to commence in 2017.
Oman becomes the seventh country in the world, and the second in the Middle East, to operate the Typhoon, joining the air forces of the United Kingdom, Germany, Italy, Spain, Austria and Saudi Arabia.
This order of Hawk follows an order from Saudi Arabia last May. This order takes the total number of Hawk aircraft sold, or on order, to 998.
Cameron and Defence Secretary Philip Hammond visited the Gulf last month as part of a low-key trip to persuade regional powers to buy more than 100 Eurofighter Typhoon fighter jets.
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