WASHINGTON (Reuters) - The U.S. State Department said on Tuesday it would delay action on any new export license requests by BAE Systems Plc <BAES.L> after the British military contractor pleaded guilty to violating several U.S. laws. BAE pleaded guilty on March ...
BAE Systems sells 10 percent stake in Swedish defense company Saab AB for $149 million Defense contractor BAE Systems PLC said Friday it has sold a 10.25 percent stake in Swedish defense company Saab AB for 1.066 billion kronor ($149 million) as ...
BAE Systems pleads guilty to conspiracy and is sentenced to pay a $400 million fine Defense company BAE Systems PLC pleaded guilty to conspiracy on Monday and a judge imposed a $400 million fine, among the largest in the Justice Department's efforts ...
<div id="subtitle">Oshkosh gets $1.06 billion contract from the Pentagon for new MRAPs for Afghanistan</div><div><p>Vehicle maker Oshkosh Corp. received a $1.06 billion contract from the Pentagon to build an additional 1,700 off-road terrain vehicles to outfit ground forces in Afghanistan, the Pentagon said ...
Lockheed and team get $17.7 million contract option for military communication system Lockheed Martin Corp. said Thursday it received a contract option to develop new equipment for a military communication system. The defense contractor said its team, which also includes General Dynamics, ...
<div><p>LONDON (Reuters) - British defense giant BAE Systems is fighting a decision by the United States army to award a multi-billion dollar vehicle contract to a competitor, saying it did not judge its proposals fairly.</p><p>The company said in a statement that it ...
<div><p>Defence equipment firm BAE Systems announced on Tuesday that it will axe 1,116 jobs and close a key facility in northwestern England.</p><p>The news, revealed earlier by trade unions, was confirmed in an official company statement.</p><p>"Following a detailed review of ...
<div><p>British defence firm VT Group on Thursday said it had reached agreement to sell its 45-percent stake in its shipbuilding joint venture, BVT Surface Fleet, to partner BAE Systems.</p><p>VT Group said the sale was worth 346 million pounds (384 million euros, 566 ...
<div><p>British defence equipment firm BAE Systems could face criminal charges if efforts to force the company to accept a deal with corruption investigators fails, a source said late Wednesday.</p><p>The Serious Fraud Office has been trying to persuade the company to accept a ...
<div><p>British defence equipment firm BAE Systems could face criminal charges if efforts to force the company to accept a deal with corruption investigators fails, a source said late on Wednesday.</p><p>The Serious Fraud Office has been trying to persuade the company to accept ...
