Mixed news for BAE Systems

One of the companies studied by business management students is BAE Systems. There has recently been mixed news for this company.

On one hand the US Air Force has recently purchased a contract to supply 350 training planes.

It is thought that these will be the Hawk jets pictured left.

Worse news if you are employed in a shipyard however. Govan and the historic shipyards of Portsmouth still face closure.

For further reliable and impartial news on the company I recommend our Newsbank and Marketline databases

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.