BAE Systems PLC


  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • HAMBURG, April 10- Ever fancied seeing your name in lights as you boarded a plane? Exhibitors at the Aircraft Interiors Expo in Hamburg demonstrated these ideas and more as they sought to win airline customers with new seats, lighting and entertainment systems.

  • WASHINGTON, April 3- A group of 10 U.S. lawmakers on Thursday urged Pentagon acquisition chief Frank Kendall to revamp the U.S. Army's $5 billion competition for a new armored vehicle to allow both tracked and wheeled vehicles to compete.

  • U.S. Marines aim to move ahead with new combat vehicle Wednesday, 2 Apr 2014 | 9:39 PM ET

    WASHINGTON, April 2- The U.S. Marine Corps aims to kick off a competition for a new wheeled amphibious combat vehicle in coming months, with a formal request for proposals likely to follow in fiscal year 2015, a Marine Corps spokesman said Wednesday.

  • General Dynamics filed a protest with the Army on Feb. 14, arguing that the Army's rules for a competition to replace nearly 2,900 Vietnam- era M113 infantry carriers were skewed to favor BAE Systems Plc's Bradley Fighting Vehicle.

  • WASHINGTON, March 24- South Korea on Monday became the 10th country to choose Lockheed Martin Corp.' s F-35 fighter jet to replace aging warplanes, a boost for the Pentagon's biggest weapons program at a time when Italy, Canada and other countries are rethinking their procurement plans.

  • NEW DELHI, March 3- India's defence ministry said on Monday it had ordered an investigation into state-run Hindustan Aeronautics Ltd's orders from Britain's Rolls-Royce Holdings worth at least $1.2 billion.

  • NEW DELHI, March 3- India's defence ministry said on Monday it had ordered a bribery investigation over state-run Hindustan Aeronautics Limited's purchase of jet engines from Britain's Rolls-Royce Holdings in a deal worth at least $1.2 billion. No comment was immediately available from Rolls-Royce's office in India.

  • F-35 JOINT STRIKE FIGHTER The Pentagon said it remained strongly committed to the Lockheed Martin Corp F-35 fighter jet program, which includes an engine built by Pratt& Whitney, a unit of United Technologies Corp. Northrop Grumman Corp and Britain's BAE Systems Plc also provide significant components for the aircraft.

  • European shares close flat, miners slip Thursday, 20 Feb 2014 | 12:56 PM ET

    LONDON, Feb 20- European shares recouped early losses to end flat on Thursday, helped by a rally in U.S. equities after strong manufacturing data, but sentiment remained fragile and miners slipped on disappointing data from China. But overall sentiment remained jittery following poor data from China, France and the U.S. mid-Atlantic region.

  • European shares retreat from 4-week high on poor data Thursday, 20 Feb 2014 | 11:05 AM ET

    *Miners slip on disappointing China data. The market trimmed losses in afternoon trading after data showed U.S. manufacturing activity accelerated in February at its fastest pace in nearly four years, but overall sentiment remained fragile after poor data from China, France and U.S. mid-Atlantic region.

  • LONDON, Feb 20- Europe's biggest defence contractor BAE Systems warned on Thursday that it expected earnings this year to drop by up to 10 percent as a result of U.S. spending cuts, with conditions still difficult despite a recent bi-partisan federal budget deal in Congress.

  • LONDON, Feb 19- British defence contractor BAE Systems has finally agreed pricing with Saudi Arabia on its long-delayed Eurofighter Typhoon jet deal with the Gulf state, potentially leading to more contracts across the region.

  • As West cuts, global defence industry balance shifts Wednesday, 12 Feb 2014 | 9:13 AM ET

    *Asia, Gulf to drive global defence growth in 2014. LONDON, Feb 12- Fuelled by growing strains in Middle East and Asia, global defence spending looks set to rise in 2014 for the first time since the 2008 financial crisis.

  • LONDON, Feb 5- Britain's defence industry is pinning its hopes for long-term growth on a new unmanned aircraft after the government and BAE Systems announced on Wednesday that their Taranis project had surpassed expectations in trials last year.

  • NEW DELHI, Jan 28- India is set to become the first country since World War Two to buy a military aircraft from Japan, helping Prime Minister Shinzo Abe end a ban on weapons exports that has kept his country's defence contractors out of foreign markets.

  • *PM Abe seeking to bolster Japan's military. TOKYO, Jan 27- Mitsubishi Heavy Industries is in advanced talks to supply parts for the F-35 stealth fighter to Britain's BAE Systems, in what would be the first involvement of a Japanese manufacturer in a global weapons programme, according to people with knowledge of the discussions.

  • TOKYO, Jan 27- Mitsubishi Heavy Industries is in advanced talks to supply parts for the F-35 stealth fighter to Britain's BAE Systems, in what would be the first involvement of a Japanese manufacturer in a global weapons programme, according to three people with knowledge of the discussions.

  • Carney won't be 'railroaded' on rates: BAE's Carr Wednesday, 22 Jan 2014 | 12:12 PM ET
    The Bank of England

    The Bank of England will not be "railroaded" into lifting interest rates early, said Roger Carr, the chairman of BAE Systems.

  • We 'have to be on our guard': BAE CEO     Wednesday, 22 Jan 2014 | 11:40 AM ET

    Sir Roger Carr, chairman at BAE Systems, says that while the economy is "hugely better", people should still be on their guard.

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