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BAE management say not looking for another deal

LONDON, Oct 10 (Reuters) - Britain's BAE Systems is not looking for a tie-up with another company following the collapse of its $45 billion merger talks with Airbus parent EADS , its chief executive and chairman said on Wednesday.

The two men, who added that the company's management would be staying in place, said it had a very clear strategy and did not think the company was itself a possible bid target following the failure of the talks.

Ian King, the chief executive of BAE, and Chairman Dick Olver told reporters on a conference call that the two groups had found it harder to get agreement from the German government than the French and British.

(Reporting by Kate Holton; editing by Jason Neely)

((kate.holton@thomsonreuters.com; 0044 207 542 8560;))

Keywords: BAE EADS/KING

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