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Kuwait has agreed a memorandum of understanding to buy up to 8bn euros worth of Eurofighter Typhoon jets – a deal that, if signed, will deliver a boost to Italy's Finmeccanica, the UK's BAE Systems and Airbus, which together produce the military aircraft.Even a firm Kuwait deal will not in itself be enough to lift the threat to the UK production line, which needs more orders if it is to continue running beyond 2018 .Final assembly of the Kuwait aircraft would be done in Italy, which means that less work would come to the UK. BAE would be responsible for the front fuselage and the vertical tail on the Kuwait Typhoons, as well as some other parts – but it is the final assembly that delivers the greatest value and will provide enough work to avert a costly line closure. BAE is not expected to revise its earnings guidance as a result of the Kuwait MoU.
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