Tuesday, 14 February 2012

Clouds gather over BAE



One of the companies studied by Business Management students BAE Systems ( British Aerospace ) announces it's financial figures this Thursday. News is not expected to be good. With American withdrawal from Iraq and the delay in a Saudi deal for the Eurofighter profits are expected to fall by 10 %.

Further bad news ....the predicted closure of a Portsmouth shipyard, and rivalry from a French Company (Dassault) in manufacture of fighter planes for India

For these, and other reliable news about the company use our Newsbank database.

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