Mohammed bin Salman shakes up defence procurement
Mohammed bin Salman has used his recent tour of foreign capitals to establish Saudi Arabia's new way of doing business. [...]
Safran is France’s biggest manufacturer of engines for planes, helicopters and rockets. It was created in 2005 from the merger of SNECMA and Sagem. IT employs nearly 70,000 people and is one of the principal suppliers to Dassault and Airbus.
Embroiled in the biggest scandal in its history, Kuala Lumpur is putting the brakes on negotiations for an order of new fighter jets. However behind the scenes companies hoping to land the business are continuing to do deals with their contacts on the ground. [...]