Sunday, 23 April 2017
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Northrop beats Boeing in $3.8 bln tanker service work
Northrop Grumman Corpbeat rival Boeing Co to win a major $3.8 billion contract to maintain and service the U.S. Air Force's fleet of KC-10 refueling tankers, the Pentagon said on Thursday.
Reuters

BAE Systems responds to serious fraud office announcement
The Company notes the announcement by the UK's Serious Fraud Office (SFO) and continues to expend considerable effort seeking to resolve, at the earliest opportunity, the historical matters under investigation by the SFO.
BAE Systems Press Release


Airbus contractor completes A400M engine trials

British engineers have completed engine trials on the Airbus (EAD.PA) A400M military transport plane, clearing a significant obstacle to its long-delayed maiden flight, sources close to the matter said.

Reuters

Russian president seeks French support on European security

Russian President Dmitry Medvedev said on Thursday he was counting on constructive dialogue with France on a number of global issues, including European security.

RIA Novosti

Investors' biggest worry about BAE is uncertainty

News that investigators will press for criminal charges against BAE Systems for "offences relating to overseas corruption" lopped 4 per cent off the defence company's share price yesterday.

Financial Times

French Budget To Include Land, Air-to-Air Missiles

France will order a first batch of infantry medium-range missiles and firing posts for Afghanistan as well as 200 Meteor beyond visual range air-to-air missiles next year, the 2010 defense budget showed Oct.1.

Defense News

'Little Britain' will not be global military power, warns RUSI

The UK's role as a global military power is coming to an end and spending cuts leave the country at risk of becoming "Little Britain," a study has said.

The Telegraph

Jobs in crossfire as defence giant faces fraud prosecution

Major defence contracts for Scottish firms could be threatened by the decision to seek to prosecute the UK's biggest arms company over bribery allegations. Politicians have warned that the Serious Fraud Office's decision to pursue charges against BAE may impact on jobs on the Clyde.

The Scotsman

US navy warns of poor China links

The senior US military -commander for the Pacific yesterday warned that persistent poor communications between the Chinese and US militaries increased the risk that occasional friction between their two navies could escalate into more serious incidents.

Financial Times

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