LONDON—Saudi Arabia and the British government reached an agreement on a long-stalled, multibillion-dollar deal for 48 Eurofighter Typhoon combat jets, boosting prospects for BAE Systems PLC, Europe’s largest weapons maker. Saudi Arabia, which bought 72 Typhoon aircraft in 2007 made by BAE Systems, agreed in principle to acquire the additional planes in a deal estimated at more than $5 billion. Talks on a follow-on deal started years ago but stalled amid periods of falling oil prices and political upheaval, including Saudi...

Source: Wall Street Journal March 09, 2018 17:44 UTC