GO
Loading...

BAE Systems PLC

More

  • 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.

  • 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.

  • UK graduate hiring seen at highest since 2007 Monday, 13 Jan 2014 | 7:32 AM ET
    People stand outside the Job Centre in Chatham, in south-east England

    Major employers plan to recruit around 1,200 extra U.K. graduates this year, sending recruitment to a seven-year high, according to a report.

  • Rolls-Royce confirms formal bribery investigation Monday, 23 Dec 2013 | 7:40 AM ET

    Rolls-Royce said Britain's Serious Fraud Office (had started a formal investigation into concerns about bribery and corruption.

  • European shares close down, track Wall Street Wednesday, 11 Dec 2013 | 11:59 AM ET

    European equities closed lower on Wednesday after a U.S. budget deal added to expectations the Fed will scale back stimulus soon.

  • BAE job cuts are 'devastating': Union     Wednesday, 6 Nov 2013 | 11:20 AM ET

    Gary Cook, U.K. south coast organizer for GMB Union, says BAE's decision to cut jobs in U.K.'s shipyards is a "devastating blow for the area" economically.

  • Was BAE's restructuring 'inevitable'?     Wednesday, 6 Nov 2013 | 11:15 AM ET

    Jan Godsell, professor of operations and supply chain strategy at the University of Warwick, explains that the BAE job cuts in Portsmouth were inevitable due to a downturn in demand.

  • BAE to shut historic British shipyard Wednesday, 6 Nov 2013 | 7:40 AM ET

    BAE Systems said it would start a consultation process to lay off 1,775 ship workers across the UK.

  • Washington shutdown hits UK contractors Friday, 11 Oct 2013 | 11:07 AM ET

    Hundreds of employees from some of Britain's biggest contractors are temporarily out of work, as a result of the U.S. political stalemate that has led to a partial shutdown of the country's government.

  • Pentagon's $5.5 billion shutdown spending spree Thursday, 3 Oct 2013 | 3:52 PM ET
    Just before the government shutdown, the Pentagon spent $139 million on sonar for some of its destroyers, part of $5.5 billion in last-minute spending.

    Just hours before Congress shut down the federal government, the Pentagon quietly went on a shopping spree and spent billions.

  • The new 'Humvee': Firms vie for $22 billion prize Friday, 20 Sep 2013 | 11:00 AM ET
    U.S. Army soldiers dismount from their Humvee after getting stuck in a mud hole in Kirkuk, Iraq, 2006.

    The Department of Defense is one step closer to awarding a contract to replace nearly 55,000 Humvees with a new, more maneuverable vehicle.

  • EADS sees flat to lower defense revenue Wednesday, 4 Sep 2013 | 8:47 PM ET
    An Airbus A320 - similar to the aircraft used by Air Algerie.

    EADS is opting out of bidding on some U.S. weapons programs as it adjusts to cuts in U.S. defense spending, and it expects flat to lower revenue in defense business in coming years.

  • GDP Double Take; Eastern Shift; Tempered Optimism Wednesday, 26 Jun 2013 | 4:39 PM ET

    GDP expanded at 1.8 percent; Russia’s 15 percent defense budget share to grow, China’s, too; McKesson CEO John Hammergren gets record $159 million pension.

  • As Asia Rises, US Seen Arming Less of the World Wednesday, 26 Jun 2013 | 10:16 AM ET
    A General Dynamics (Lockheed Martin) F-16 Fighting Falcon undergoes testing in the United States prior to delivery to the Pakistan Air Force.

    The United States remains the largest player in global defense, but that dominance is expected to wane over the next eight years, according to analysis by IHS Jane's Defence.

  • Defense Companies Call for European Drone Program Monday, 17 Jun 2013 | 5:08 AM ET
    A drone on display in the exposition hall of the Border Security Expo in Phoenix

    European aerospace companies called on Europe to launch its own independent drone program to equip armies across the continent.

  • BAE Must Adjust its Cost Base: New Chairman Friday, 14 Jun 2013 | 8:26 AM ET
    The British Union Jack flag flies alongside the BAE flag

    U.K. aerospace giant BAE Systems must adjust its cost-base, according to newly appointed chairman, Roger Carr.

  • BAE to Remain Independent: New Chairman     Friday, 14 Jun 2013 | 3:30 AM ET

    Sir Roger Carr, new chairman of BAE Systems, tells CNBC that despite the failed merger with EADS the company has a good future as an 'independent company'.