BAE secures deal with Saudi Arabia on Typhoon jet pricing

BAE, the world's third-largest defense company, has secured an agreement with Saudi Arabia over the pricing of 72 Eurofighter Typhoon strike jets, after two years of fraught negotiations and unsuccessful efforts to export the aircraft elsewhere. The deal is a major boost for BAE at a critical time, even though it's not expected to make significant financial gains from the agreement in Riyadh.

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