BAE Systems PLC said on Thursday that it expects to win Saudi Arabian deals to bolsters its international order book this year as it pursues new buyers for the Typhoon combat jet to sustain production that is otherwise due to run out in early 2018.
“We are pretty active on some very vibrant campaigns,” Chief Executive Ian King told reporters. The company is targeting orders for about 100 more of the twin-engine fighter planes. “We are not lacking opportunities,” Mr King added.
BAE Systems has been looking to grow exports to help offset long-running weakness in its core U.S. and British markets, where military spending has lacked growth. […]