Eurofighter set to boost BAE in 2005
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BAE Systems, the weapon system manufacturer, said on Monday that it was expecting a âmodest performance improvementâ in 2005, in part because of the results ongoing negotiations with the British government over the Eurofighter programme.
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Plans to boost defence spending by Â£2.7bn over three years are announced by the Tories.
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Recently, Airbus chief executive Noel Forgeard hinted that the European plane maker may soon unveil plans for yet another new aircraft, even before the double-decker A380 takes its first test flight early next year.
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Defence group BAE Systems  fears Saudi Arabia is delaying talks to buy 72 Eurofighter aircraft.
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European aircraft maker Airbus is close to clinching two key orders valued at three billion dollars (2.28 billion euros) from China for its new A380 plane.
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The European Union is planning a public-private partnership to help its aviation industry develop greener and quieter aircraft.
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BAE Systems PLC, Europe&#39;s largest military company, said yesterday that it had agreed to acquire DigitalNet Holdings for $494.
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The European Union is expanding plans to set up several elite battle groups for rapid deployment to international trouble spots.
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The Ministry of Defence has awarded a Â£160m contract to BAE to design and develop Hawk trainer jets.
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The European aircraft manufacturer Airbus took aim at rival Boeing with an announcement that it will go ahead and build the long-range, medium-size A350 to do battle with Boeing's 7E7 Dreamliner.
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Europe's heavy-weight Ariane 5-ECA rocket, which exploded in 2002, will return to flight early next year.
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Britain&#039;s BAE Systems  said on  Wednesday it planned to conduct an audit of Airbus Group to  help it decide whether to sell its 20 percent stake in the  European planemaker to its majority owner EADS .
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Airbus said on Wednesday that demand for airliners is set for its biggest jump in more than 20 years and reiterated its bullish expectations for the 555-seat A380 doubledecker due in 2006.
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BAE Systems plays down a report that it is set to clinch a Â£20bn  deal to sell Eurofighter jets to Saudi Arabia.
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Airbus expects to deliver more commercial jets this year than the 305 it delivered in 2003, when it overtook Boeing Co., a senior executive said Thursday.
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SNIPING between Airbus and Boeing is heading for new levels after the European manufacturer&#39;s decision to take on the 7E7 &quot;Dreamliner&quot; with the A350.
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BAE Systems will agree to sell its 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 1.9 billion pounds.