Chapter 293: The Gold Lord

Before dawn, Wang Dong and Serena boarded a plane to Liyadh, the capital of Saudi Arabia.

It is a leased business jet, but Wang Dong has already taken a fancy to the "Global 8000" business jet of Bombardier Canada.

Of course, now is not the time to buy a private jet.

This time I went to Saudi Arabia, not for anything else, but to attract investment.

It is obviously impossible for D&F to come up with 8.3 billion euros, with less than £1 billion in liquidity in its accounts, hundreds of millions of pounds to be paid to upstream suppliers in the coming months, and D&F's assets are not enough to get a bank loan.

Fortunately, there is still time.

According to the share transfer agreement signed by Gao Jun, the Valen district government will apply for a credit extension to postpone the repayment of the bank loan by one month.

During this period, the Wallen district government had to obtain approval from the Belgian authorities.

Then, it was D&F's turn to contribute to the acquisition of shares in the other major shareholders in accordance with the agreement.

In fact, Wang Dong only needs a few days.

There is only one person who can come up with 8.3 billion euros at once and is willing to support D&F's acquisition of FN, Prince Waleed.

During the flight, Wang Dong contacted Musharraf, who had been staying in Riyadh.

The meeting with Prince Waleed has been arranged, and Musharraf will personally pick up Wang Dong and them at the airport and take them to Prince Waleed's official residence.

In addition, Musharraf has already explained the situation to Prince Waleed.

In Musharraf's words, Prince Waleed was very interested in the acquisition of FN and greatly appreciated Wang Dong's methods and courage.

It's just that Prince Waleed is most concerned about D&F's military projects in Saudi Arabia.

The firearms factory, a joint venture with the Royal Saudi Arsenal, is about to be completed, and personnel training has begun in full swing, but all that is missing is the production line.

And, of course, the planned plant for the production of ammunition.

Wang Dong is a little big and a little regretful, because in the past few months, he has not been to Riyadh, and there are too many problems that have accumulated.

In addition, if you step too fast, it is easy to pull the egg.

It has not been a year since the order for the Saudi special forces was obtained, and it has only been four months since the contact with BAE Systems to the basic completion of the acquisition of FN Company.

In such a short period of time, D&F has gone from an obscure artisan workshop to one of the world's most famous firearms companies.

This speed is faster than a rocket!

The problem with this is that a lot of basic work is seriously lagging behind.

In terms of productivity, D&F has delivered less than 10,000 DF762 series firearms to Saudi Arabia so far, and the backlog of orders will take at least a year to complete.

Even if the Saudi factory is completed and the second production line is put into operation, it will take half a year to complete the Saudi order.

There is more technical deficit than productivity.

Of course, the problem remains that there is not enough time.

Four months ago, the Saudi Ministry of Defense issued a tender for standard firearms, including D&F, and several large companies applied for the bid.

Because D&F has not come up with the bidding products for a long time, the Saudi Ministry of Defense has not started the bidding process.

Can it be dragged on forever?

According to the original plan, Zhao Yu should complete the design of the new firearm two months ago, and build a batch of prototype guns to participate in the bidding of the Saudi Ministry of Defense.

Of course, that's the same firearm that fires 6.6mm and 8.8mm rounds.

After Wang Dong adjusted the plan, Zhao Yu began to develop a submerged bomb.

As a result, in order to get the shares of FN held by BAE Systems, Wang Dong asked Zhao Yu to first design a small-caliber countersunk projectile.

As for the more valuable universal countersunk bomb, so far there are not even design drawings.

Fortunately, Zhao Yu has begun to design general-purpose countersunk bullets, and has accumulated a lot of experience through the design of small-caliber countersunk bullets.

In addition, a group of technicians has also been trained.

Zhao Yu has already made a guarantee that the design of the general-purpose countersunk will be completed within one month, and a small number of sample bombs will be manufactured for basic performance testing.

As for the matching firearms, they will be designed at the same time.

In fact, Zhao Yu has handed over the design of the headless bullet to Chen Zihao and other technicians, who are mainly responsible for the design of supporting firearms.

If all goes well, D&F will be able to participate in the Saudi tender at the end of the year with a gun that fires universal countersunks.

However, there is an extremely critical issue involved here.

Mass production of ammunition!

Obviously, the Saudi authorities will certainly make a request for the production of ammunition in their own country.

In fact, Wang Dong had already thought about this problem, and only then did he propose to build a wholly-owned ammunition factory in Saudi Arabia to bypass the British authorities.

If we take the end of the year as the standard, the ammunition plant invested by D&F is almost already completed.

The key, obviously, is the propellant and primer.

According to Wang Dong's meaning, the propellant and primer are imported directly from Huaxia, and it is a big deal to spend more money and earn a little less.

As long as the elixir is supplied to the Saudis, then getting the support of the military intelligence is not too much of a problem.

The real problem is on D&F's side.

Don't forget, D&F is headquartered in Edinburgh, is a British company, is subject to English law, and all patents held by D&F are declared in the UK.

So, will the MIA supply a British enterprise with key technology for countersinks?

This is the second thing Wang Dong did when he went to Riyadh to find Prince Waleed.

Before that, Wang Dong planned to give up everything in the UK, let the D&F company leave the UK, develop in Saudi Arabia, and maybe go to Pakistan in the future.

It's just that through the acquisition of FN company, Wang Dong thought of another way.

This is the establishment of an independently operating subsidiary in Saudi Arabia, D&F Saudi Arabia.

Nominally, the company is part of D&F, and the legal representative is also the president of D&F, but it is completely independent and not subject to D&F.

The biggest benefit of this is that it allows D&F Saudi Arabia to master the key technologies.

In fact, this is also a very common business method.

Of course, to open an independent subsidiary in Saudi Arabia, you must first obtain the support of Prince Waleed, and you must have a relationship with the Saudi royal family through Prince Waleed.

The solution is not difficult, that is, to let Prince Waleed take a stake.

In order to settle the military intelligence situation, Prince Waleed can only be a minority shareholder, that is, the controlling stake is in the hands of Wang Dong, and Prince Walid obtains the company's dividends through investment.

The question is whether Prince Waleed will take up this proposal.

You must know that counting the acquisition of FN company, Wang Dong went to Riyadh this time to ask Prince Walid to provide at least 10 billion euros of funds.

Even if Prince Waleed has a net worth of tens of billions of dollars, 10 billion euros is not a small amount of money.

Of course, Prince Waleed has access to the Saudi royal family's funds.

However, if there are not enough benefits, the Saudi royal family may not agree, not to mention that Prince Waleed is not the owner of the Saudi royal family's fund.

Anyway, after meeting Prince Waleed, you will know the result.