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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.
Saudi Armed Forces
Subject of modernization programme launched in 2007.
Thales
Has established presence in Saudi Arabia; prime contractor for Sawari naval contracts and air defense.
Saudi Arabian Ministry of Defence
Selected Thales to supply electronic protection systems in 2007.
Royal Saudi Air Force
Recipient of electronic protection systems from Thales.
Lockheed Martin
US contractor supplying F16 jets and C130J planes.
General Dynamics
US contractor supplying military vehicles.
Raytheon
US contractor supplying missiles.
Merrill Lynch
Creator of the report (Logo in footer).
House Oversight Committee
Implied by the 'HOUSE_OVERSIGHT' bates stamp.

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
2015
Order of 22 Hawk trainers placed.
Saudi Arabia

Locations (3)

Location Context
Primary location of defense contracts and workforce discussed.
Mentioned as 'UK' regarding discussions on Typhoon assembly.
Region accounting for 10% of Thales group sales.

Relationships (2)

BAE Systems Contractor/Client Saudi Arabia
BAE Systems has made a major commitment to the training of local nationals... Saudis constitute 21% of BAE’s group sales.
Thales Contractor/Client Saudi Arabia
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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