The U.S. Department of Justice (DoJ) raided the homes of a number of U.S.-based BAE executives in connection with allegations about corruption at BAE Systems. The DoJ also temporarily detained outgoing BAE Systems chief executive Mike Turner and a senior colleague, when they arrived at Houston Airport from the UK.
Saudi Arabia
In a major deal announced at the Dubai Air Show last month, Saudi Arabia’s Ministry of the Interior ordered 40 Sikorskys. Deliveries are scheduled to begin in March.
Sikorsky subsidiary Schweizer is developing a derivative of the existing Schweizer 333 light single. The 434 will offer improved payload and performance, a Schweizer marketing executive told AIN. The launch customer is Saudi Arabia’s Ministry of the Interior, which has ordered nine.
A story in AIN’s opening edition at the Dubai Air Show [DEAL FOR RUSSIAN HELOS A BLOW TO FRANCE] suggested that Russian defense export agency Rosboronexport would announce a $2.2 billion deal with Saudi Arabia for 150 Mi-17 transport and Mi-35 attack helicopters at the show.
Russian defense export agency Rosoboronexport is expected to announce a $2.2 billion order from Saudi Arabia for Mi-17 and Mi-35 military helicopters today.
The deal translates into another of a humiliating series of lost contracts for the French defense industry, which now appears certain to undergo a re-evaluation of its export policy.
AIN reported this morning (Saudi Typhoons in Final Assembly; Tornados Being Upgraded) that an announcement about Saudi Arabia’s agreement to buy 72 Eurofighter Typhoons could come soon…and it did. In fact, it came sooner than even we expected.
In our final edition at the recent Paris Air Show we revealed that Saudi Arabia had already concluded a contract for 72 Eurofighter Typhoons with the UK government worth $16 billion for the airframes alone.
Gulfstream kicked off EBACE with an order for three G450s (and options on another 17) from National Air Services (NAS) of Riyadh, Saudi Arabia. The agreement, potentially worth more than $650 million if all options are exercised, calls for delivery of the first aircraft in the third quarter of 2009. Deliveries will continue for the following five years. NAS ordered three G450s in 2005 for delivery before the end of this year.
Gulfstream kicked off its EBACE press conference yesterday with a contract signing for 20 G450s (three firm and 17 options) destined for National Air Services of Saudi Arabia. The agreement, potentially worth more than $650 million if all options are exercised, calls for delivery of the first aircraft in the third quarter of 2009. Other deliveries will continue for the following five years.
During the MEBA conference, new figures emerged on the region’s business aviation fleet and growth potential. Jeddah, Saudi Arabia-based operator National Air Services says there are some 350 private aircraft flying throughout the Middle East, although statistics generally reckon around 250 locally registered aircraft.