(Source: BAE Systems; issued June 29, 2018)
Qatar Typhoon and Hawk
BAE Systems and the Government of the State of Qatar signed a contract in December 2017 for the supply of 24 Typhoon aircraft to the Qatar Emiri Air Force along with a bespoke support and training package. This was subject to financing conditions and receipt by the Company of first payment.
Discussions have progressed and a number of milestones achieved, including the issuing of a Royal Decree relating to Qatar's financing of the contract.
Financing discussions are in progress and, when successfully concluded, it is anticipated first payment would be received in the third quarter of 2018.
BAE Systems is also pleased to announce that an amendment has been made to the contract to include the supply of nine Hawk Advanced Jet Trainer aircraft to the Qatar Emiri Air Force, along with an initial support package. Delivery of the first Hawk aircraft is expected in 2021.
