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EADS favoured to win Saudi contract: report

by Staff Writers
Paris (AFP) Feb 4, 2009
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.

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Analysis: European defense contracts
Brussels (UPI) Jan 26, 2009
French arms exports soared by almost 15 percent in 2008, the French government announced earlier this month. France hopes to further boost its international arms exports by finally creating overseas demand for its long-criticized Rafale fighter jet, manufactured by Dassault.







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