Britain's fraud agency said it lost 32,000 pages of data and 81 audio tapes linked to a bribery investigation involving Britain's biggest defence contractor, BAE Systems, in another embarrassment for the organisation.
BAE Systems said it expects a long-awaited multi-billion dollar Saudi jet deal to complete in the second half of this year, enabling it to forecast a more than 10 percent lift to yearly underlying earnings.
The Royal Navy of Oman (RNO) has taken delivery of the first warship built by BAE Systems as part of a project for the design, build and delivery of three corvettes in a ceremony at HM Naval Base Portsmouth.
Employees and guests,
The collapse of the proposed merger between BAE Systems and EADS will shift the focus to smaller deals among global weapons makers as companies strive to keep revenue rising in the face of cuts in military spending by the United States and Europ
Qatar Airways backs the proposed $45 billion merger of EADS and BAE Systems, the Gulf carrier's chief executive said on Tuesday, arguing a combined entity would make better products.
Airbus parent EADS and BAE Systems are batt
The potential $64 billion merger between UK defence contractor BAE Systems and European aerospace group EADS, aimed at creating the world's biggest defence and aerospace group, could run up against political and regul
British defence contractor BAE Systems said a contract to build 48 Typhoon aircraft in Britain for the Saudi Arabian air force had been signed but changes to the price of the deal had yet to be agreed.
BAE had expected changes to the term
Dubai Aerospace Enterprise (DAE) has reached an agreement with its existing lenders on a new, four-year credit facility to replace the existing facility maturing on July 23, the company said.
The value of the credit facility was not given
UK-based BAE Systems will collaborate with a University of Manchester based unit to help plan the building of the world's largest radio telescope network worth €1.5 billion ($2.1 billion).
BAE Systems has signed a two-year Statement of