SAMI's acquisition of AEC ties up loose ends Free
The sale of Advanced Electronics Co (AEC) to Saudi Arabian Military Industries (SAMI) serves an industrial purpose as well as settling some outstanding affairs with the House of Saud. [...]
BAE Systems is Britain’s leading defence company. After winning the massive Al Yamamah contract with Saudi Arabia in the 80s, the company expanded into the US. BAE is a major player in big defence programmes such, the Eurofighter Typhoon and the Royal Navy’s aircraft carriers and submarines.