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News Breaks
November 27, 2009
08:17 EDTBAESY
theflyonthewall.com: BAE Systems to lay off 642 workers, Telegraph says
British arms maker BAE Systems (BAESY) will eliminate up to 642 positions in the UK, according to the Telegraph. BAE Systems is laying off the workers as a number of major contracts end, while governments delay some new projects. Reference Link :theflyonthewall.com



News For BAESY From The Last 14 Days
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February 11, 2012
12:38 EDTBAESY
theflyonthewall.com: Pentagon budget to cut weapons procurement, Bloomberg says

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February 9, 2012
10:01 EDTBAESY
theflyonthewall.com: BAE Systems awarded $31M to refurbish M113A2s for Iraq
BAE Systems in partnership with the Anniston Army Depot are refurbishing 440 M113A2 armored personnel carriers for Iraq through a foreign military sales contract worth more than $31M. :theflyonthewall.com

February 7, 2012
07:19 EDTBAESY
theflyonthewall.com: BAE may cut Typhoon price to win order back from Dassault, FT says
BAE Systems' (BAESY) CEO said "all options are on the table," including possibly cutting the price of the Eurofighter Typhoon, to win back a $20B Indian tender from Dassault Systemes, reported Financial Times. Reference Link :theflyonthewall.com
05:52 EDTBAESY
theflyonthewall.com: Ford won't participate in bid to replace military Humvees, Reuters reports

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February 6, 2012
06:53 EDTBAESY
theflyonthewall.com: Government contractors cut costs last quarter, Washington Post reports
Government contractors such as Northrop Grumman (NOC) and Booz Allen Hamilton (BAH) cut expenses during Q4 in order to keep their profits high, according to The Washington Post. Some analysts, however, question, whether the cost-cutting can continue over the long-term, the newspaper added. Reference Link :theflyonthewall.com

February 2, 2012
08:03 EDTBAESY
theflyonthewall.com: BAE Systems selected for U.S. Army common infrared countermeasures solution
BAE Systems has been selected by the U.S. Army as one of two contractors to develop the next generation Common Infrared Countermeasure solution -- a lightweight directed infrared countermeasure system for Army, Navy, and Marine rotary-wing aircraft. The 21-month technology demonstration award is valued at $ 38M. :theflyonthewall.com

February 1, 2012
10:31 EDTBAESY
theflyonthewall.com: General Dynamics, BAE Systems to develop 81mm precision mortar round

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