UK has sold about £5.6 billion ($6.8 billion) worth military hardware, including 72 Typhoon fighter aircraft to Saudi Arabia between May 2010 and early 2016, making it a second most dealer in the world.
Apart from Typhoon, the deal consists of bulk sales of tear gas, bombs and guns, £1.6 billion for Hawk jets. A deal worth is £4.5 billion when completed, Forces TV reported Tuesday.
These deals give Saudi Arabia twice as many British warplanes as the RAF. About £3.5 billion worth of arms sales have occurred between the UK and Saudi Arabia between the start of 2015 and the middle of this year.
Overall, UK government figures show that £7.7 billion of arms sales were made last year. Two-thirds are made to countries in the Middle East.
In the last two years, the UK has won deals worth £388 million with the UAE, £170 million with Qatar, £120 million with Oman and £24 million with Bahrain.
There's also been £450 million worth of arms sales to Turkey and £116 million to Egypt, among others.
The UK now has about 12% of the global defence export market and, over the last decade, has shored up its position as the second largest arms exporter in the world.
The Office of National Statistics listed UK GDP for 2015 as £1.833 trillion, making arms sales for that year about 0.42% of the total.
Belgium has decided against supplying arms to Saudi Arabia citing mass executions carried out on Jan 2 and the nations role in Yemeni conflict. “We have rejected the request (for military shipment to Saudi Arabia),” RTBF broadcaster cited Belgiums Flanders Minister-President Geert Bourgeois as saying to the Flemish Parliament Wednesday
Russia secured $7.7 billion in arms orders with foreign customers since the beginning of 2014, the country's President Vladimir Putin was quoted as saying by RIA Novosti
The U.S is being warned by Israel that Russia plans to sell advanced ground-to-air missile systems to Syria despite Western pressure on Moscow to hold off on such a move, according to the reports
Saudi Arabia is likely to order five corvettes from Spanish Navantia in a deal worth over €3 billion and is expected to be signed during Spanish King Philip VIs visit to Saudi scheduled later this week. Having postponed a number of official journeys overseas due to the fact that there was only an interim government in place, King Felipe VI is now due to travel to Saudi Arabia
Saudi Arabia has intercepted ballistic missile, launched by Houthi militant group, that was likely to hit Mecca, a holy city of Muslims. The missile was launched from Saada province toward the Makkah area
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