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Westminster Outlook: North of the border, BAE builds an array of warships for the Ministry of Defence

General Dynamics inks £500m Scout contract

The Government has signed off the £500m Scout reconnaissance vehicle deal agreed with General Dynamics before the election. The Ascod contract, for the design and manufacture of seven prototype armoured vehicles, was one of more than £10bn-worth of military deals pencilled in by the Labour government and now facing review.

BAE looks to draw US government cyber work

Threats to sensitive computer networks lurk everywhere and with a few mouse clicks, organized criminals and hackers could shut down vital networks that run the US government, industry and military.

The Week Ahead: City looks to improved trends in property sector

With house prices rising and the economy seemingly on the mend, the City is looking to news of improving trends from the property website Rightmove, which is due to post an interim management statement tomorrow.

BAE Systems

In an article entitled "Total charged with corruption over Iraqi oil-for-food project" published on 7 April, The Independent incorrectly said BAE Systems had admitted it paid bribes in connection with its business in Saudi Arabia. In fact, BAE Systems PLC pleaded guilty in March to misleading the US government between 2000 and 2002 about steps the company took at that time to ensure compliance with anti-corruption legislation. US prosecutors said BAE Systems was aware there was a high probability that millions of dollars the company paid to intermediaries would be used in tender processes.

Market Report: Apple's iPad puts ARM under the spotlight

The semiconductors group ARM was in focus last night, with traders buying in amid optimism about Apple's latest offering.

Ministry of Defence signs off £10bn contracts

The Ministry of Defence continued its pre-election bonanza today with another two major contracts worth more than £10bn

BAE signs £127m deal to design new frigates for the Navy

BAE systems has won a £127m, four-year contract to develop the next generation of warships for the Royal Navy.

Bosses of rail firm held in bribery investigation

Board members arrested in dawn raids by Serious Fraud Office

Market Report: BAE wounded as Footsie claims new high

The defence group BAE Systems lagged behind as the FTSE 100 struck a fresh 21-month high last night.

US rival fights off BAE for MoD's £2bn tanks order

The American defence giant General Dynamics has secured the £2bn contract from the Ministry of Defence to build 600 next-generation light tanks for Britain's armed forces.

BAE jobs lost as US firm General Dynamics wins tank contract

Hopes of saving hundreds of threatened jobs at BAE Systems collapsed today when US defence giant General Dynamics won a lucrative contract to build a new light tank for the British Army.

General Dynamics hits back in fight for £2bn tank deal

Rival bidders scrap over whose bid offers most to British manufacturing

British tank industry on the wrong track?

If the Scout deal goes to a US firm it will kill the British tank industry, and shine a spotlight on the UK's open defence policy. Sarah Arnott reports

Amy takes ice dream with a 'pinch of salt'

Riding triumphantly through her home city in an open-top bus with thousands cheering all the way may not be quite as hazardous as hurtling headlong down a deadly refrigerated ice tube high in the Rockies at 90mph but for Britain's new sporting sweetheart it was even more exhilarating.

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