PARIS (AFP) — European aerospace group EADS is favoured to win a contract worth 1.0-1.5 billion euros to provide Saudi Arabia with radar system to monitor national borders, the financial newspaper Les Echos reported on Wednesday.
“The Kingdon’s interior ministry is reportedly now negotiating with the European group alone,” the paper said, without citing its sources.
The contract would be worth between 1.3 billion and 1.9 billion dollars.
Another French group, Thales, and Raytheon of the United States, are no longer in the running for the deal, according to the paper.
A spokesman for the European Aeronautic Defence and Space Company, contacted by AFP, declined to comment.
“Negotiations are under way,” the company said. “If a decision is taken, it will be the client, the Saudis, who will announce it.”
The system to be provided would include radars and cameras to detect any intrusion across Saudi borders by land, air or sea.