About

Airbus Defence and Space finds itself operating in a classic counter-cyclical environment where increased geopolitical tensions are contributing to military sales while the fall in oil prices puts a drag on other customer spending. Led by Raed Al-Saadouni, the legal team has helped the company respond rapidly to this environment by securing payment through letters of credit and ensuring contracts offer robust protections in case of default. In the tightly regulated space in which Airbus operates, the team’s regulatory guidance has also been crucial to the company’s ongoing success. The team’s most celebrated achievement came during the support provided to Saudi Arabia’s 8bn Saudi Riyal integrated defence system. Placing a strong importance on ethics and compliance coupled with their known ability for legal innovation, the team are helping progress the commercial activates of Airbus Defence and Space in a fluctuating environment of increased demand and reduced spending.