Contract

Summary by AI BETAClose X

BAE Systems has agreed to a c.£5.4 billion contract with the Republic of Türkiye for 20 Typhoon aircraft, including weapons and integration. BAE Systems anticipates recognizing c.£4.6 billion from this agreement, including its shareholding in MBDA. BAE Systems will manufacture major airframe components, conduct final assembly, and lead weapons integration in Lancashire, UK. The weapons package will be primarily provided by MBDA, in which BAE Systems holds a 37.5% shareholding. The Turkish Air Force will become the tenth air force to operate Typhoon aircraft.

Disclaimer*

Companies

BAE Systems (BA.)
UK 100

Latest directors dealings