Chapter 230: The Sir's Promise
"Ms. Stuart, are we meeting for the first time? Before I met you, I couldn't believe that the president of D&F, who won the order for the Saudi special forces, was so young and so beautiful. www.biquge.info If I had known each other a few years earlier, I would have paid you a lot of money to be the head of the ordnance system. ”
"I am honored by Your Excellency's compliment."
"It's not just me, it's Prince Waleed. As far as I know, Prince Waleed paid a billion dollars for a five-percent stake in D&F. Based on this calculation, the market value of D&F companies is as high as $20 billion. Although it is a bit crazy, no one dares to question the vision of 'Buffett in the Middle East'. ”
Serena smiled reluctantly and did not answer.
"It's just that the matter of joint venture with Saudi state-owned enterprises seems to have not been followed so far."
"Your Excellency......"
"So, can I assume that you still don't have the key capabilities for mass-produced firearms, such as the barrel forging machine, which requires a license to buy?"
Serena let out a sigh of relief, and what she feared had happened.
When Wang Dong proposed to let her directly take the shares of FN Company, Serena mentioned that this would expose her fundamental intentions.
"Actually, if you just want to get mass production capacity, there's no need to buy FN at all."
"Really?" Serena let out a long breath, trying to control her emotions, not showing her inner thoughts, or worries.
"We have the license."
"Your Excellency means ......"
"You should know that the Enfield Arsenal, which produces the L85 rifle, is controlled by BAE, and I can consider providing a license for the purchase of the relevant equipment, to be precise, an authorization."
"And then?"
"The premise is that D&F becomes a partner of BAE and that a licensing agreement is signed."
Serena nodded slightly, not immediately agreeing, but seriously thinking about Lawrence's proposal.
"Although the barrel forging machine is important, it is not in great demand. D&F is building a joint venture plant in Saudi Arabia and only needs a few units at most. ”
"Your Excellency should know that the Saudi Ministry of Defense is preparing to reequip the Army."
"With your relationship, it shouldn't be a problem to win the order from the Saudi Ministry of Defense, right?"
Serena sighed and added, "Even so, in order for D&F to grow in the short term, it still needs to expand its production capacity through the acquisition of FN. ”
"So you're still sticking to buying BAE's stake in FN?"
Serena nodded, indicating that this was what she meant.
"Have you ever thought that even if you get the shares held by BAE, with your strength, you may not be able to buy FN company?"
"That's my problem, and you don't need to worry about it."
Lawrence smiled faintly, clearly not satisfied with Serena's reply.
"Your Excellency has already said that we can win the order of the Saudi Army by relying on our connections, so you must know that D&F has sufficient funds to acquire FN Company." Serena paused for a moment and added, "After winning the order from the Saudi Army, D&F has a good chance of winning the favor of other Gulf countries." According to conservative estimates, only in the Gulf region, we can get tens of billions of dollars in orders. ”
"Even if you have the funds, you need other shareholders to be willing to sell their shares in FN."
"Do you think that after D&F won the orders from the Gulf countries, there is still a market space that can bring FN back to life?"
Lawrence's brow jumped a few times, and Serena's words hit the nail on the head.
Looking at the whole world, there are really few countries that have the willingness and ability to replace standard firearms for their troops in the Gulf region.
Needless to say, big countries such as the United States, China, and Russia will take care of their own arms enterprises even if they want to change their clothes.
In fact, even small and medium-sized countries such as South Korea, Singapore, and Israel have their own arsenals, and all standard firearms are produced in their own countries.
Losing the market in the Gulf countries, FN has no way out.
While SCAR is so good that it can be considered the best firearm available today, it is almost impossible to replicate the market miracle of FAL.
"You're right, it's just that it's definitely not that easy to buy FN."
"Therefore, we have to win the order of the Saudi Army." Serena understood Lawrence's meaning and said, "Anyway, D&F is a British company. Our acquisition of FN will be a great help to revitalize the British ordnance industry. Even from BAE's point of view, if FN is doomed to bankruptcy, you don't want to turn your shares into a pile of waste paper. ”
"You're not the only one who wants to buy FN."
"But we are the only ones in the same camp as Your Excellency."
Lawrence let out a long breath and said, "I agree with what you say, it's just a business, and the conditions you offer are still not enough to convince me. ”
"All we need is time."
"Time is everything."
Serena smiled faintly and said, "I understand Your Excellency's thoughts, after all, we are all businessmen, and if it were me, I would not make a profit-making business." I propose to divide the cooperation into two phases, first to assist us in securing the order of the Saudi Army, and then to negotiate the acquisition of FN Company. ”
"Provide a purchase license?"
Serena nodded, indicating that this was what she meant.
"What do we get?" Lawrence didn't go around in circles anymore.
"D&F, as a second-tier agent, assisted BAE in participating in the OICW project, that is, participating in the bidding with the headless bomb we developed."
"That's all?"
"Your Excellency, winning the bid is more important than anything else, isn't it?"
"But it's not enough."
Serena smiled and said, "When we get the order from the Saudi Army, Your Excellency thinks that we have the capital, and I will consider the patent issue." ”
"To achieve mass production, this is the minimum requirement."
"It takes time."
"I know that it takes time for any new technology to be developed and rolled out. However, the OICW project is just the beginning. ”
"I can't give a definite guarantee, but I'm confident that we will be able to reach mass production before Textron."
"Really?"
"Because there is no guarantee, there is no reason for us to ask BAE to provide R&D funding, which means that D&F will bear all the risks. As for the procurement license involved in the Saudi project, we can buy it from BAE Systems, and again, BAE does not need to bear the risk. ”
"You've taken all the risks, what do you need in return?"
"A promise from Your Excellency."
Lawrence was slightly stunned and said, "It seems that you are indeed very confident. Well, I give you a promise. As long as you have mastered the mass production process of the submerged bomb, BAE will sell the shares of FN at the market price, and I will personally assist you in the acquisition of FN. ”