Sunday 26 October 2014
 
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BAE

BAE wins $5.2bn UK naval contracts

Babcock International and BAE Systems have won contracts worth a total of 3.2 billion pounds ($5.2 billion) to maintain British warships, submarines and naval bases for the next five years. The agreements secured 7,500 jobs across

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BAE plans to revamp Saudi operations

Europe's biggest defence contractor BAE Systems said it would reorganise its interests in Saudi Arabia into one company to enhance its relationship with Riyadh Wings, its partner there. The two groups will bring their activiti

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Saudi, BAE finally agree on Eurofighter price

British defence contractor BAE Systems has agreed pricing with Saudi Arabia over a long-running Eurofighter jet deal with the kingdom, the company said on Wednesday. BAE has had to trim its full-year earnings forecasts for the las

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BAE progresses on Saudi Eurofighter jet price talks

British defence firm BAE Systems is making progress on a deal with Saudi Arabia over the pricing for Eurofighter jets, its chairman signalled, a key milestone for the company. "Watch this space," Richard Olver told Reute

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UK fraud agency 'lost data' from BAE deal probe

Britain's fraud agency said it lost 32,000 pages of data and 81 audio tapes linked to a bribery investigation involving Britain's biggest defence contractor, BAE Systems, in another embarrassment for the organisation. &nbs

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BAE sees Saudi deal closing in second half

BAE Systems said it expects a long-awaited multi-billion dollar Saudi jet deal to complete in the second half of this year, enabling it to forecast a more than 10 percent lift to yearly underlying earnings.   BAE

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Oman navy takes delivery of BAE warship

The Royal Navy of Oman (RNO) has taken delivery of the first warship built by BAE Systems as part of a project for the design, build and delivery of three corvettes in a ceremony at HM Naval Base Portsmouth. Employees and guests,

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BAE's Asian, Mideast jet orders to offset cuts

Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in US and European spending, Britain's BAE Systems predicted on Tuesday.   Eur

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BAE merger collapse shifts focus to smaller deals

The collapse of the proposed merger between BAE Systems and EADS will shift the focus to smaller deals among global weapons makers as companies strive to keep revenue rising in the face of cuts in military spending by the United States and Europ

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Qatar Airways CEO backs BAE, EADS merger

Qatar Airways backs the proposed $45 billion merger of EADS and BAE Systems, the Gulf carrier's chief executive said on Tuesday, arguing a combined entity would make better products. Airbus parent EADS and BAE Systems are batt

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