04 November 2013

News Story: Saudi Arabia Eyes Buying German Submarines


BERLIN — Saudi Arabia wants to buy five German submarines for around €2.5 billion ($3.4 billion) and more than two dozen more in the future, a newspaper reported Sunday.

Citing unidentified government sources, Sunday’s Bild newspaper said Riyadh had its eye initially on buying the five Type 209 submarines, followed long-term by up to 25 submarines in a €12 billion deal.

It said the chancellery had, in a letter to Saudi Arabia in the summer, indicated a swift and sympathetic examination of Riyadh’s weapons plans as soon as the new German government was established following September elections.

Read the full story at DefenseNews