BAe to Upgrade Saudi GR1s
LONDON, Sept 10 (Reuters) - BAE Systems has won a new contract worth 2.5 billion pounds ($4.7 billion) to upgrade Saudi Arabia's ageing fleet of Tornado fighter planes, the Business reported in its online edition on Sunday.
The contract to upgrade the 80-strong fleet of Royal Saudi Air Force Tornados involves all attack versions of the Tornados in the force which the Saudi government wants to keep on until 2020, the British newspaper said on its Web site.
"It will mostly be done in the UK and then all the know-how will be passed on to the Saudis," the paper quoted an unnamed Saudi source as saying. The deal was signed between the two governments last week, it quoted another source as saying.............