BAE wins Â£124m aircraft contract
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The Ministry of Defence awards a Â£124m project to develop an unmanned aircraft to BAE Systems.
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RIP Biggles The UK Ministry of Defence is to invest Â£124m in developing a new pilotless plane.â¦
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Thales said it had won a contract from the British defence ministry for the maritime unmanned air vehicle (UAV), or drone, portion of the ministry's joint UAV experimentation programme.
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US plane maker Boeing wins a $5.5bn order from Germany's Lufthansa for its new 747 passenger jet.
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US defence firm Lockheed Martin wins a $1bn order from India for six C-130J military transport planes.
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The multi-billion dollar Anglo-American Joint Strike Fighter successfully completes its maiden test flight.
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British defence company BAE Systems said on Thursday that net profits almost tripled in 2006 after the sale of its 20-percent holding in troubled European aircraft maker Airbus to parent aerospace group EADS.
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Boeing  said on Thursday that British Airways  finalized an order for 24 Boeing 787 airliners, an order valued at $4.4 billion at list prices.
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BAE Systems, Europeâs biggest defence firm, yesterday announced the planned $600 million (Â£334m) takeover of a leading US supplier of secure computer networks to the Pentagon.
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Defence group BAE Systems said on Thursday that net profits almost tripled in 2006 after the sale of its 20-percent holding in troubled European aircraft maker Airbus to European aerospace group EADS.
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British defence firm BAE denied a news report on Thursday that it had secretly paid a Saudi Arabian prince more than one billion pounds in connection with Britain&#39;s biggest weapons deal.
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BAE Systems, Europe&#39;s largest defence firm, has reported a 4.5 percent rise in underlying operating profit, buoyed by higher Airbus plane deliveries.
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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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BAE Systems  is optimistic about the future of its business with Saudi Arabia, a senior manager said on Saturday, despite reports that the key customer had suspended talks over a multi-billion-pound arms deal.
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England secure a Â£12m sponsorship deal with mobile phone operator O2.
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British Airways  announced a plane order worth $8.2 billion at list prices on Thursday, including 12 A380 planes from Airbus  and 24 787 airliners from Boeing Co .
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The share price of BAE Systems soared by almost 8.0 percent as investors seized on news that fraud investigators had ditched a long-running probe into an arms deal with Saudi Arabia.