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.
|
|
| 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
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 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
Full Extracted Text
Complete text extracted from the document (2,005 characters)
provides for the acquisition of 72 Typhoon aircraft in a programme aimed at the
modernisation of the Saudi Armed Forces, was launched in September 2007. This
carries substantial packages of work and expertise transfers, aimed at developing the
Saudi industrial defence sector. BAE Systems has made a major commitment to the
training of local nationals to bring them into management, technical and other qualified
positions. 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 with 5,000 employees based locally. The UK and Saudi have
discussed in the past moving the final assembly of some of the 72 Typhoons in Saudi
Arabia but it failed. Now, the two countries may be trying to have locally produced
Hawks on the back of the 22 trainer order at the end of 2015, according to local press.
modernisation of the Saudi Armed Forces, was launched in September 2007. This
carries substantial packages of work and expertise transfers, aimed at developing the
Saudi industrial defence sector. BAE Systems has made a major commitment to the
training of local nationals to bring them into management, technical and other qualified
positions. 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 with 5,000 employees based locally. The UK and Saudi have
discussed in the past moving the final assembly of some of the 72 Typhoons in Saudi
Arabia but it failed. Now, the two countries may be trying to have locally produced
Hawks on the back of the 22 trainer order at the end of 2015, according to local press.
Thales (10% of group sales in the Middle East, mainly in defence) has an established
presence in the Kingdom of Saudi Arabia, with 750 employees and a diversified portfolio
of activities. The company has built a mature relationship with Saudi Arabia based on
solid, country-wide partnerships. Thales’s major commercial successes include the
Shahine and Crotale air defence contracts with logistic support. In naval defence, Thales
is the prime contractor for the Sawari II contract (three frigates), that follows on from
the successful Sawari I programme (four frigates) for which Thales now provides logistic
support. In 2007, Thales was selected by the Saudi Arabian Ministry of Defence to
supply a major electronic protection system to the Royal Saudi Air Force.
presence in the Kingdom of Saudi Arabia, with 750 employees and a diversified portfolio
of activities. The company has built a mature relationship with Saudi Arabia based on
solid, country-wide partnerships. Thales’s major commercial successes include the
Shahine and Crotale air defence contracts with logistic support. In naval defence, Thales
is the prime contractor for the Sawari II contract (three frigates), that follows on from
the successful Sawari I programme (four frigates) for which Thales now provides logistic
support. In 2007, Thales was selected by the Saudi Arabian Ministry of Defence to
supply a major electronic protection system to the Royal Saudi Air Force.
US contractors such as Lockheed Martin (supplier of F16 jets, C130J transport planes),
General Dynamics (military vehicles) and Raytheon (missiles) have some local presence
in Saudi Arabia, but BAE is by in large the largest and historical local presence.
General Dynamics (military vehicles) and Raytheon (missiles) have some local presence
in Saudi Arabia, but BAE is by in large the largest and historical local presence.
76 GEMs Paper #26 | 30 June 2016
Merrill Lynch
HOUSE_OVERSIGHT_016186
Merrill Lynch
HOUSE_OVERSIGHT_016186
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document