Archive for the ‘bae’ Category

Court blow for BAE and British Government

Saturday, November 10th, 2007

Two anti-arms trade groups have won a court battle over last year’s decision by the Serious Fraud Office to end its investigations into BAE’s Saudi contracts

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Watchdogs warn about funds

Saturday, November 3rd, 2007

Two watchdog organizations are trying to get the Appropriations Committee to wipe $59 million worth of earmark requests in the 2008 defense spending bill for BAE and ProLogic. Both companies are under federal investigation. But don’t expect any action because both have given campaign contributions.

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Monster BAE profits

Wednesday, August 8th, 2007

Who cares about corruption allegations? British defence and aerospace company BAE Systems has reported a higher than expected 19 per cent rise in first half profits, driven largely by its expansion into the US. A little matter of endless war in Iraq and conflict in Afghanistan have also boosted its profits.

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