Middle-east Arab News Opinion | Asharq Al-awsat

EADS Favoured to Win Saudi Contract - ASHARQ AL-AWSAT English Archive
Select Page

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.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube