BAE faces lawsuit on Saudi sales
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A BAE shareholder files a lawsuit against the firm's board, seeking damages over past arms deals with Saudi Arabia.
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The US Justice Department has opened an investigation into BAE Systems , one of the world's largest arms makers, which has been accused of funneling money to a Saudi prince to help win an $86 billion weapons deal.
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Defence group BAE Systems  fears Saudi Arabia is delaying talks to buy 72 Eurofighter aircraft.
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The US agency that owns the World Trade Centre site and lost 84 employees in the September 11 attacks is suing Saudi Arabia. The Port Authority of New York and New Jersey said in a statement on Friday it was
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The Saudi defence ministry announced on Monday that it has signed a 4.43 billion pound (8.86 billion dollar) deal to buy 72 Eurofighter planes, in one of the largest ever British export orders.
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WASHINGTON: New York and New Jersey authorities have said they will join a lawsuit suing Saudi Arabia, Osama bin Laden and other Islamic institutions that allegedly raised money for terrorism.
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BAE gave Prince Bandar of Saudi Arabia an airliner as part of Britain's al-Yamamah arms deal, and the arms firm is still paying the expenses of flying it.
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BAE Systems advised its shareholders to sell the British defence group's 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 2.75 billion euros (3.5 billion dollars).
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Saudi Arabia&#39;s Prince Bandar bin Sultan on Thursday reportedly denied receiving improper payments from British defence firm BAE in connection with Britain&#39;s biggest arms contract.
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LONDON -- A Saudi prince received millions of dollars for his own use as part of Britain's largest arms deal, the British Broadcasting Corp. said.
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British defence firm BAE Systems will next week clinch a 20-billion-pound (29.5 billion euro, 40.4 billion dollar) deal to supply 72 Eurofighter Typhoon jets to Saudi Arabia, a report said Friday.
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Pressure mounts on ministers to justify dropping the corruption inquiry into a BAE arms deal with Saudi Arabia.
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A British private security company is being sued in the United States over the death of a U.S. soldier hit by one of its convoys in Iraq, according to court documents.
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UK defence firm BAE Systems is the subject of an anti-corruption probe by the US Department of Justice.
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Defence giant EADS is interested in buying parts of UK's BAE Systems, in addition to seeking a merger with Thales, a report says.
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The Home Office confirms it has been asked to give legal assistance to the US investigation of BAE's past arms deals with Saudi Arabia.
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Defence firm BAE Systems will next week clinch a 20-billion-pound deal to supply 72 Eurofighter Typhoon jets to Saudi Arabia, a report said Friday.