BAE Systems PLC

More

• UPDATE 3-Australian military to boost air power to focus on Indo-Pacific Friday, 3 May 2013 | 6:07 AM ET

  *Australia commits to F-35 purchases, to buy Boeing Growlers. CANBERRA, May 3- Australia announced a significant boost to its military air power on Friday, committing to buy up to new 100 Lockheed Martin Corp F-35.

• UPDATE 2-Australian military to boost air power to focus on Indo-Pacific Friday, 3 May 2013 | 1:06 AM ET

  *New defence strategy accepts rise of China's military* Australia says China-US need to build strategic relationship By James Grubel. CANBERRA, May 3- Australia announced a significant boost to its military air power on Friday, committing to buy up to new 100 Lockheed Martin Corp F-35.

• UPDATE 1-Australia backs F-35 fighter jets in new defence strategy Thursday, 2 May 2013 | 8:40 PM ET

  CANBERRA, May 3- Australia committed to long-term plans to buy up to 100 Lockheed Martin Corp F-35 Joint Strike Fighters as part of its new defence strategy on Friday, easing concerns about the future of the controversial fighter from a major foreign buyer.

• Australia backs F-35 fighter jets in new defence strategy Thursday, 2 May 2013 | 8:02 PM ET

  CANBERRA, May 3- Australia committed to long-term plans to buy up to 100 Lockheed Martin Corp F-35 fighter jets in a new defence blueprint released on Friday, helping to ease concerns about the future of the controversial stealth fighter.

• Australia to back F-35 buy in new defence blueprint Thursday, 2 May 2013 | 1:45 AM ET

  *Canberra reassesses military in light of U.S. pivot By Andrea Shalal-Esa and Rob Taylor. "Australia, Norway, the Netherlands-- it's all good news for the F-35 program," said a U.S. defense official, although he added that U.S. budget cuts could still pare down Washington's order of 29 jets in fiscal 2013, which ends on Sept. 30.

• Arms makers welcome dialogue with Pentagon as budget woes rise Tuesday, 30 Apr 2013 | 11:47 AM ET

  WASHINGTON, April 30- Executives at U.S. weapons makers on Tuesday said their meeting on Monday with Defense Secretary Chuck Hagel was a "positive continuation" of a dialogue begun by his predecessor, Leon Panetta.

• RESEARCH ALERT-Rolls Royce Holdings: Citigroup drops from most preferred stock list Tuesday, 30 Apr 2013 | 4:06 AM ET

  *Rolls-Royce Holdings: Citigroup drops from most preferred stock list;. adds Safran to most preferred stock list. *MTU Aero Engines: Citigroup drops from least preferred stock list; adds BAE Systems as least preferred stock.

• UAE head feted in Britain, Cameron urged to raise torture claims Tuesday, 30 Apr 2013 | 12:57 AM ET

  *Three British citizens say were tortured in UAE. LONDON, April 30- The president of the United Arab Emirates met Queen Elizabeth on Tuesday on a visit to Britain where Prime Minister David Cameron is under pressure to raise allegations that UAE police tortured British citizens.

• UPDATE 1-Proposed weapons programs cuts in White House budget Wednesday, 10 Apr 2013 | 4:24 PM ET

  WASHINGTON, April 10- The fiscal 2014 U.S. budget plan sent to Congress by the White House on Wednesday proposes to cancel or cut several Pentagon weapons programs. The proposals must be approved by Congress, which has often reversed the administration's plans in past years, including on some of the cancellations proposed again in 2014..

• FACTBOX-Proposed weapons programs cuts in White House budget Wednesday, 10 Apr 2013 | 12:09 AM ET

  WASHINGTON, April 10- The fiscal 2014 U.S. budget plan sent to Congress by the White House on Wednesday proposes cancellation of or cuts to several weapons programs. The proposals must be approved by Congress, which has often reversed the administration's plans in past years.

• UPDATE 1-India's $15 bln Rafale deal faces delays - sources Friday, 5 Apr 2013 | 6:51 AM ET

  NEW DELHI, April 5- India's plan to buy 126 fighter-jets from Dassault Aviation could be delayed as the two sides struggle to reach an agreement over the role of state-run Hindustan Aeronautics Ltd, two sources familiar with the matter said.

• India's $15 bln deal to buy Rafale jets may be delayed - govt source Friday, 5 Apr 2013 | 3:45 AM ET

  NEW DELHI, April 5- India's planned deal to buy 126 fighter-jets from Dassault Aviation could be delayed as the two sides struggle to reach an agreement over the role of state-run Hindustan Aeronautics Ltd, a defence ministry source said.

• Damaged Carnival Ship Triumph Breaks Away From Dock Thursday, 4 Apr 2013 | 6:37 AM ET

  

  Strong winds caused the Carnival ship Triumph to break loose on Wednesday from its moorings at a Mobile, Ala., shipyard where it was being repaired.

• UPDATE 1-Pentagon OKs Lockheed or Boeing fighters sale to S.Korea Wednesday, 3 Apr 2013 | 3:53 PM ET

  *South Korea aims to pick winner in first half 2013. WASHINGTON, April 3- The U.S. Defense Department said on Wednesday it has approved the sale of either the Lockheed Martin Corp F-35 stealth fighter or Boeing Co's F-15 Silent Eagle fighter to South Korea, which is expected to announce the winner of a 60- jet competition later this year.

• Pentagon approves sale of Lockheed or Boeing fighters to S.Korea Wednesday, 3 Apr 2013 | 2:57 PM ET

  WASHINGTON, April 3- The U.S. Defense Department on Wednesday said it has approved the sale of either the Lockheed Martin Corp F-35 stealth fighter or Boeing Co's F-15 Silent Eagle fighter to South Korea, which is expected to announce the winner of a 60- jet competition later this year.

• PREVIEW-EADS vote signals resurrection as "normal company" Tuesday, 26 Mar 2013 | 12:42 AM ET

  *Changes spurred by collapse of BAE Systems merger. "EADS will now become a normal company," Chief Executive Tom Enders told Reuters on the eve of a shareholder meeting scheduled for Wednesday in Amsterdam. The Easter vote follows a deal between France and Germany after Paris and Berlin failed to agree on a merger between EADS and Britain's BAE Systems last year.

• QE sinks FTSE 100 firms' bid to close pensions funding gap Monday, 11 Mar 2013 | 2:06 PM ET

  LONDON, March 11- Efforts to kickstart Britain's economy, on the brink of its third recession in four years, have stymied efforts by Britain's top 100 firms to rebuild their pension funds, according to data from JLT Pension Capital Strategies.

• UPDATE 2-Cobham sees commercial sector as best form of defence Thursday, 7 Mar 2013 | 6:52 AM ET

  *Increases dividend 10 pct to 8.8 pence per share. LONDON, March 7- British defence and aerospace supplier Cobham is to expand its commercial aircraft division and continue cost-cutting to offset forecast U.S. budget cutbacks and return the company to growth next year.

• General Dynamics unit, others issue layoff notices, blame U.S. budget cuts Monday, 4 Mar 2013 | 7:01 PM ET

  Based in San Diego, NASSCO is a wholly-owned subsidiary of General Dynamics and the largest full-service shipyard on the West Coast. The company's three shipyards are in Mayport, Florida, near Jacksonville; Norfolk, Virginia; and San Diego- cities that rely heavily on the military for jobs.

• Australian F-35 suppliers fret over potential order cutbacks Friday, 1 Mar 2013 | 3:10 AM ET

  *$5.5 bln in contracts could be slashed if Australia reduces orders. *Australia has said it plans to buy 100 jets, analysts expect less.