British weapons manufacturer BAE Systems says it has offered Malaysia a $2 billion financing deal backed by the UK government, in a bid to convince the Southeast Asian country to replace its ageing combat aircraft with British-made ones.
BAE, part of a European consortium that makes the advanced Eurofighter Typhoon jets, is hoping that Malaysian officials would accept the deal, as they are planning to buy up to 18 aircraft to replace the country’s most-grounded Russian Mikoyan MiG-29s, Reuters reported Tuesday.
The French company Dassault Aviation has also come forward with a competing deal to provide Kuala Lumpur with Rafale fighter jets. In fact, the French option was
To make the deal more lucrative, Alan Garwood, the Group Business Development Director for BAE Systems, said the company was willing to throw in training and local partnership while guaranteeing “lots of jobs.”
“We have an offer on the table…It’s competitively priced…