Showing posts with label Defence Systems. Show all posts
Showing posts with label Defence Systems. Show all posts

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.