Qatar-British deal on Typhoon jets may not happen

A man climbs out of the cockpit of a Eurofighter Typhoon aircraft at the BAE Systems exhibition space (AFP)

A deal between BAE systems and Qatar to purchase 24 Typhoon jets may never see the light of day as time is running out, according to British daily The Telegraph.

The report on the newspaper added that Gavin Williamson, the Defense Secretary, and his Qatari counterpart ­unveiled the £5bn contract for 24 of the jets, together with a package of support and training, in December.

But the final terms are yet to be confirmed and the sale has already been pushed back once.

Qatar may force BAE systems to issue a regulatory statement on why they have failed to lay down terms on a deal signed last December to purchase 24 British Typhoon jets.

At the time, the deal, according to the BAE systems, was “subject to financing conditions and ­receipt of first payment, expected no later than mid-2018”.

Yet nine months later, Qatar has failed to settle the final terms and no payment has been made yet.

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Last Update: Wednesday, 20 May 2020 KSA 09:53 - GMT 06:53
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