Search This Blog

Thursday, September 17, 2015

British government to step up role in selling BAE's Typhoon

Eurofighter Typhoon with Storm Shadow missilesThe British government will step up efforts to help BAE Systems sell more Typhoon fighter jets, a key programme for the defence contractor, British suppliers and jobs, the defence minister said.

BAE is depending on "anticipated" new Typhoon orders, from countries likely to include Saudi Arabia, to meet its forecast for marginal earnings per share growth in 2015. It has also said it needs new orders to keep production of the Typhoon going at British factories beyond 2018.

Britain's defence industry body, ADS Group, has called on the government to do more to help exporters, saying government-to-government deals are important for exports.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.