Double blow for BAE fighter sales

BAE Systems suffered a bruising setback after Britain’s negotiations to supply 60 Typhoon fighter jets to the UAE collapsed and pricing talks on a separate deal with Saudi Arabia stalled. It is a double blow for Britain and Europe’s biggest defence company which had hoped a win in the UAE would solidify its position as one of the biggest suppliers of combat aircraft to the Gulf region. BAE already has contracts for Typhoons with Saudi Arabia and Oman, and is in talks with Bahrain.

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