P522ORACLE 522 Mon17 Feb C4 1714:57
BRITAIN SIGNS
£5bn JETS DEAL
Saudi Arabia and Britain have put the
seal on a deal worth £5bn for the
purchase of 132 military aircraft.
The Saudi press agency reported that
the agreement was signed in Riyadh by
defence minister Prince Sultan and "a
representative of the British Govt".
It has been reported that the sale will
be paid for almost entirely by oil,
although the Ministry of Defence has
declined to confirm or deny this.
The purchase price also covers training
and personnel.
City headlines 500 Newsfile 520
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