Saturday 19 April 2014
 
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Saudi deal

BAE Systems profit down as Saudi deal drags

Britain's BAE Systems posted a 3 percent fall in first half profit, hit by a delay in the completion of a key deal with Saudi Arabia as well as lower spending by European and American military.   Europe's lar

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Siemens clinches $130m Saudi deal

Siemens Energy said it has secured an 100 million euros ($130 million) order from Alfanar Construction Company and Saudi Services for Electromechanic Works (SSEM) to supply gas turbine packages at its power plant in Hail. Siemens Energy Se

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Thales says Saudi deal open

French defence firm Thales on Friday dismissed reports that it had lost a $1 billion bid to supply a border surveillance system to Saudi Arabia, but took a swipe at prices offered by rivals. France has been battling for years to land a wid

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