Published by Global Banking & Finance Review®
Posted on October 27, 2025
1 min readLast updated: January 21, 2026
BAE Systems expects to gain $6.17 billion from a UK-Turkey deal for 20 Eurofighter Typhoon jets, enhancing its defense sector presence.
(Reuters) -British defence group BAE Systems said on Monday it expects to recognise 4.6 billion pounds ($6.17 billion) from a UK government deal in which Turkey bought 20 Eurofighter Typhoon jets.
($1 = 0.7451 pounds)
(Reporting by Nithyashree R B in Bengaluru; Editing by Devika Syamnath)
The Eurofighter Typhoon is a twin-engine, canard-delta wing, multirole fighter aircraft designed and manufactured by a consortium of European aerospace companies.
Capital recognition refers to the acknowledgment of a company's capital assets or financial resources in financial statements or reports.
Currency conversion rates determine how much one currency is worth in terms of another, affecting international trade, investments, and financial transactions.
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