HOUSE_OVERSIGHT_016186.jpg
1.13 MB
Extraction Summary
0
People
10
Organizations
3
Locations
3
Events
2
Relationships
2
Quotes
Document Information
Type:
Financial research report / government oversight exhibit
File Size:
1.13 MB
Summary
This document is page 76 of a Merrill Lynch report titled 'GEMs Paper #26' dated June 30, 2016. It details the defense industry landscape in Saudi Arabia, specifically highlighting the significant presence of BAE Systems and Thales, alongside US contractors like Lockheed Martin and Raytheon. The text outlines specific military contracts including Typhoon and Hawk aircraft, naval frigates (Sawari programs), and air defense systems, noting BAE's status as a major local employer.
Organizations (10)
| Name | Type | Context |
|---|---|---|
| BAE Systems |
Major commitment to training local nationals; largest private sector employer of Saudis in defense sector.
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| Saudi Armed Forces |
Subject of modernization programme launched in 2007.
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| Thales |
Has established presence in Saudi Arabia; prime contractor for Sawari naval contracts and air defense.
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| Saudi Arabian Ministry of Defence |
Selected Thales to supply electronic protection systems in 2007.
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| Royal Saudi Air Force |
Recipient of electronic protection systems from Thales.
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| Lockheed Martin |
US contractor supplying F16 jets and C130J planes.
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| General Dynamics |
US contractor supplying military vehicles.
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| Raytheon |
US contractor supplying missiles.
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| Merrill Lynch |
Creator of the report (Logo in footer).
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| House Oversight Committee |
Implied by the 'HOUSE_OVERSIGHT' bates stamp.
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Timeline (3 events)
2007
Thales selected by Saudi Ministry of Defence to supply electronic protection system.
Saudi Arabia
2007-09
Launch of programme for the acquisition of 72 Typhoon aircraft and modernization of Saudi Armed Forces.
Saudi Arabia
Locations (3)
| Location | Context |
|---|---|
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Primary location of defense contracts and workforce discussed.
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Mentioned as 'UK' regarding discussions on Typhoon assembly.
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Region accounting for 10% of Thales group sales.
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Relationships (2)
BAE Systems has made a major commitment to the training of local nationals... Saudis constitute 21% of BAE’s group sales.
Thales... has an established presence in the Kingdom of Saudi Arabia... built a mature relationship with Saudi Arabia.
Key Quotes (2)
"Saudis constitute 21% of BAE’s group sales, 57% of the total BAE Systems' workforce in Saudi Arabia making the Company one of the largest private sector employers of Saudis"Source
HOUSE_OVERSIGHT_016186.jpg
Quote #1
"US contractors such as Lockheed Martin... General Dynamics... and Raytheon... have some local presence in Saudi Arabia, but BAE is by in large the largest and historical local presence."Source
HOUSE_OVERSIGHT_016186.jpg
Quote #2
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