GO
Loading...

Enter multiple symbols separated by commas

Stocks BAE Systems PLC

More

  • Overcapacity stifling Europe's defense industry Monday, 22 Jun 2015 | 9:55 AM ET

    *Europe remains hampered by defense market overcapacity. PARIS/ BRUSSELS, June 22- Europe's politicians need to put aside national pride and security sensitivities and let the defense industry tackle the overcapacity that has led to competing production of tanks and fighter jets, executives and EU officials say. But Europe has failed to follow the example of...

  • Overcapacity stifling Europe's defence industry Monday, 22 Jun 2015 | 9:55 AM ET

    *Europe remains hampered by defence market overcapacity. PARIS/ BRUSSELS, June 22- Europe's politicians need to put aside national pride and security sensitivities and let the defence industry tackle the overcapacity that has led to competing production of tanks and fighter jets, executives and EU officials say. But Europe has failed to follow the example of...

  • WASHINGTON, June 19- The United States has sued a Texas- based subsidiary of global defense company BAE Systems Plc for overcharging the U.S. Army in a contract to build 20,000 military trucks, the Department of Justice said on Friday. BAE Systems Inc, the U.S. unit of London- based BAE Systems Plc, did not immediately respond to a request for comment.

  • WASHINGTON, June 9- The State Department notified Congress on Tuesday that it has approved potential arms deals worth nearly $2.4 billion with South Korea and Lebanon, including three Aegis Shipboard Combat Systems for Seoul and six close air support planes for Beirut. The two separate notifications were to advise Congress of potential sales but do not mean...

  • WASHINGTON, June 9- Germany said on Tuesday it will buy the MEADS air and missile defense system from Europe's MBDA and Lockheed Martin Corp instead of an updated Patriot system offered by Raytheon Co, but said the companies would have to meet demanding performance milestones to retain the contract. Germany funded a quarter of the $4 billion invested by it, the...

  • UPDATE 2-Airbus wins board spat with Spain, to renew CEO Wednesday, 27 May 2015 | 2:56 PM ET

    AMSTERDAM, May 27- Airbus Group faced down a revolt by government shareholders over a board appointment and invited its chief executive to stay on until 2019 as Europe's largest aerospace company consolidated a recent push for political independence. France and Germany own 11 percent each of Airbus Group and Spain controls 4.1 percent.

  • Germany lobbies India to buy Eurofighters, submarines Wednesday, 27 May 2015 | 8:31 AM ET

    NEW DELHI, May 27- Germany's defence minister held out the prospect of more talks on a possible sale of Eurofighter jets to India and, on a visit to New Delhi, said on Wednesday Berlin stood ready to back a multi-billion-dollar Indian submarine project. Germany has taken the lead in the sales pitch to India for the Eurofighter, made by Alenia Aermacchi, a subsidiary...

  • INSIGHT-Germany turns on its top gunmaker Tuesday, 12 May 2015 | 8:09 AM ET

    OBERNDORF, Germany, May 12- In the lush forests of southern Germany sits a fenced-in compound of drab white buildings that house a company under siege. But lately, the mood in Berlin has shifted. Last year, Berlin reversed course on arms exports following a storm of media criticism.

  • PARIS, April 30- Qatar has agreed to buy 24 Dassault Aviation- built Rafale fighter jets in a deal worth 6.3 billion euros, the French government said on Thursday, as the Gulf Arab state looks to boost its military firepower amid regional instability. Tensions in the Middle East with conflicts in Yemen, Syria and Libya, as well as concerns of Iran's growing influence...

  • LONDON, April 24- Europe's biggest defence contractor BAE Systems has hired advisers to carry out a review of its U.S-based IT and analysis support businesses in a move that could lead to their sale. Shares in the company rose 4 percent in early trade and were 1.8 percent higher at 513 pence by 0746 GMT, putting them among the biggest gainers on the UK benchmark FTSE...

  • South Korea seeks bigger role in global arms bazaar Wednesday, 22 Apr 2015 | 4:53 AM ET

    While Park did not come away with a new contract, state-run Korea Aerospace Industries is in the running for a contract to supply Peru with 24 of its FA-50 fighter jets, worth as much as $2 billion. The industry, developed mostly with American technology during a decades-long standoff with North Korea, is hoping to sustain that growth by selling beyond its main...

  • *Singtel moving beyond being a pure-play telco. The deal comes as Singtel is moving away from being a pure-play telecoms company and pursues expansion in areas such as "digital life", which includes mobile video and digital advertising, and cyber security through partnerships with FireEye Inc and Akamai, among others. Singtel, which owns stakes in regional...

  • WASHINGTON, March 27- The U.S. Defense Department on Friday said it will be "demanding but fair" in negotiations with Lockheed Martin Corp for the next two batches of F-35 fighter jets, one of the Pentagon's largest-ever sole-source contracts. We intend to be a demanding but fair customer, " Shay Assad, the Pentagon's director of defense pricing, told Reuters in an...

  • TOKYO, March 23- Two Japanese firms that until recently were the frontrunners to win a multi-billion dollar contract to build Australia's new submarines have rebuffed an invitation to attend a gathering of top Australian naval officials and politicians this week. The no-show by Mitsubishi Heavy Industries and Kawasaki Heavy Industries at an event called...

  • NEW YORK, March 20- Linda Hudson, former CEO of the U.S. arm of British defense company BAE Systems Plc, is among the women that boards call on when they are looking for a female director. "You often don't get the enlightened thinking of reaching beyond the obvious candidates," said Hudson, who sits on the boards of Bank of America Corp and utility Southern Co., and is...

  • Potential buyers include Boeing Co, Textron Inc, Airbus and BAE Systems and even Lockheed Martin Corp.. Chief Pentagon arms buyer Frank Kendall told UTC that the Defense Department would not object to a spinoff, a source told Reuters. A former defense official said the Pentagon would probably insist that Sikorsky was well capitalized to ensure its survival.

  • Moscow- based cybersecurity firm Kaspersky Lab has become a leading authority on American computer espionage campaigns, but sources within the company say it has hesitated at least twice before exposing hacking activities attributed to mother Russia. Meanwhile, U.S. cybersecurity firms CrowdStrike Inc and FireEye Inc have won fame by uncovering...

  • Japan to UK: How about some submarine-hunting jets? Wednesday, 7 Jan 2015 | 6:35 PM ET
    Japanese Prime Minister, Shinzo Abe.

    Japan is asking Britain to buy its P-1 submarine-hunting jet in a deal that could top $1 billion, a major step in Shinzo Abe's push to arms exports.

  • India eyes Sikorsky helicopter, other big US arms buys Thursday, 25 Sep 2014 | 8:00 PM ET
    The Sea Hawk U.S. Navy helicopter.

    India is expected to choose Sikorsky Aircraft's S-70B Sea Hawk helicopters at a 16-aircraft tender worth over $1 billion.

  • Indian firms tool up for defense orders Wednesday, 20 Aug 2014 | 7:46 PM ET
    Indian army personnel perform Skirmish Order Fire Demo for the 68th Independence Day in Hyderabad, India.

    India's biggest companies are pouring billions into manufacturing guns, ships and tanks, buoyed by the government's commitment to upgrade its armed forces.