BERLIN: Airbus, frustrated by a German freeze on arms exports to Saudi Arabia, has decided to redesign the C295 military transport aircraft it builds in Spain to remove its German content, company sources told Reuters.
But in October, Germany decided unilaterally to reject future arms exports licenses to Saudi Arabia over the killing of journalist Jamal Kashoggi, and to freeze deliveries of already approved equipment. Existing deals allow Berlin to stop exports of arms that include German parts. Airbus has received 208 orders for the military transport from 28 countries, with 166 aircraft in operation worldwide.A second company source said a review was underway to see if German-sourced parts could be replaced on other Airbus aircraft that have smaller amounts of German content. No further details were immediately available.
Britain's BAE Systems, which generates 14 percent of its annual sales from selling Typhoons and other arms to Saudi Arabia, last week warned Germany's freeze on arms exports to Saudi Arabia could hit its financial results.
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