BAE profit jumps 27%, lifted by military needs: sales increase 8.1% as U.S. operations continue to expand
Article Abstract:
First-half net profit for UK defense contracting firm BAE Systems PLC rose 27% to reach $1.05 bil, due in part to US demand for its Mideast military operations. However, the US Department of Justice is investigating BAE concerning anticorruption law compliance, specifically regarding its business with Saudi Arabia.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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BAE's profit gets a boost from Airbus stake sale
Article Abstract:
The divestment of its share in Airbus S.A.S. ,and the acquisition of U.S. company United Defense Industries Inc., has helped BAE Systems PLC's full year net profits to triple, rising to $3.2 billion in 2006.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Earnings decline at BAE Systems amid year-earlier gain
Article Abstract:
BAE Systems PLC reports a 45% net profit loss to $1.76 billion in 2007. Article discusses the company's sales, operating expenses, recent acquisitions, and profit forecast for 2008.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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