Westminster Outlook: North of the border, BAE builds an array of warships for the Ministry of Defence
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Saturday 03 July 2010
Friday 02 July 2010
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.
Wednesday 26 May 2010
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.
Tuesday 04 May 2010
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.
Saturday 10 April 2010
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.
Wednesday 07 April 2010
The semiconductors group ARM was in focus last night, with traders buying in amid optimism about Apple's latest offering.
Monday 29 March 2010
The Ministry of Defence continued its pre-election bonanza today with another two major contracts worth more than £10bn
Friday 26 March 2010
BAE systems has won a £127m, four-year contract to develop the next generation of warships for the Royal Navy.
Thursday 25 March 2010
Wednesday 24 March 2010
The defence group BAE Systems lagged behind as the FTSE 100 struck a fresh 21-month high last night.
Tuesday 23 March 2010
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.
Monday 22 March 2010
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.
Thursday 18 March 2010
Tuesday 16 March 2010
Sunday 07 March 2010
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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