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BAE Systems Cutting Nearly 3,000 UK Jobs
BAE Systems, Europe's biggest arms manufacturer, has announced it is cutting almost 3,000 jobs in the UK, reports Reuters. BAE says that the job cuts are coming after major military spenders in...
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The Airbus Megamerger Faces Several Huge Obstacles
The possible merger of EADS, the parent company of European aerospace giant Airbus, and BAE systems, one of the world's biggest defense contractors would create the world's largest aerospace and...
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BAE Announces $4-Billion Military Jet Sale To Oman
British defence giant BAE Systems announced on Friday a £2.5 billion ($4.1 billion, 3.1 billion-euro) deal to supply 12 Eurofighter Typhoon fighter aircraft and eight Hawk trainer jets to Oman.The...
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Pilotless Drones Might Be The Future Of Commercial Flying
Life could get a lot easier for commercial pilots.BBC News reported today that a Jetstream aircraft was recently the first pilotless plane to make it across airspace in the U.K."Although there is still...
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New technology will combine US soldiers' gun scopes and night vision goggles
BAE Systems has won a contract worth up to $434m (£287m) to provide US soldiers with combined night-vision goggles and thermal sights.The defence company has developed a system that unites the picture...
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The Concorde flew across the ocean for the first time 42 years ago — here's...
On September 26, 1973, an Air France Concorde flew from Washington, DC, to Paris — marking the first nonstop supersonic flight by the Anglo-French airliner.A few years later, Air France and British...
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The world just got closer to a 'hypersonic space plane' that will transform...
Reaction Engines, one of the brightest prospects in European space plane technology, has big news Monday morning.BAE Systems, the globetrotting defence and aeronautics giant, just bought 20% of the...
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Rolls-Royce's submarine business could be nationalised
The government is open to nationalising troubled engineering group Rolls-Royce's nuclear submarine business if things get any worse for the company.The Financial Times reports on Monday that the...
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The Concorde made its first supersonic passenger flight 40 years ago — here's...
On the morning of January 21, 1976, two Concordes — one each from British Airways and Air France — took off simultaneously on what would be the aircraft's first commercial supersonic flights with...
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The Concorde made its first supersonic passenger flight 40 years ago — this...
On the morning of January 21, 1976, two Concordes — one each from British Airways and Air France — took off simultaneously on what would be the aircraft's first commercial supersonic flights with...
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Selling Typhoon jets to Saudi Arabia gave BAE a big boost
Saudi Arabia's military service was the main reason for London-listed BAE Systems' jump in sales. BAE released its full-year results on Thursday, showing a 7% rise in revenue to £17.9 billion ($25.6...
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Hackers might have broken into software at the heart of the global financial...
(Reuters) - The attackers who stole $81 million from the Bangladesh central bank probably hacked into software from the SWIFT financial platform that is at the heart of the global financial system,...
View ArticleThe military could grow future drones in chemical baths
BAE Systems is partnering with the University of Glasgow to develop Chemputer, a chemical computer that will use chemicals to potentially grow aircraft. Video courtesy of Reuters.Follow TI: On...
View ArticleBritain could be chemically 'growing' military drones in the future
BAE Systems is working on an advanced chemical computer which could one day 'grow' military drones.The "Chemputer" is capable of digitizing and synthesizing chemical processes. Instead of building...
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Britain is building the world's most advanced warship in Scotland next year
Britain will start building the world's most advanced warship on the Clyde, in Scotland next summer, said the UK defence secretary Sir Michael Fallon.Fallon announced the timing for the construction of...
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NINE SESSION HOT STREAK: FTSE 100 breaks 7,200 for another record close
LONDON — Britain's biggest stock market closed higher for the ninth day straight session on Friday, posting yet another record high.The FTSE 100 closed up 0.20%, or 14.19 points, at 7,209.50 on Friday,...
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A woman was awarded more than £360,000 after her manager made a sexist remark
A secretary has been awarded a £360,000 payout from her employers after her manager made a sexist remark.A judge ruled Marion Konczak, 62, deserved "every penny" after former employers BAE Systems...
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Qatar to buy 24 Typhoon jets from UK's BAE Systems
DOHA (Reuters) - Qatar's defense minister has signed a letter of intent to purchase 24 Typhoon jets from British defense group BAE Systems, in a move that could anger other Gulf countries boycotting...
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Britain's defence secretary thinks criticising Saudi Arabia's human rights...
UK Defence Secretary Michael Fallon has said criticism of Saudi Arabia's human rights record is"not helpful" for Britain's arms sales to the nation.The UK has been trying to secure a new fighter jet...
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BAE's newest drone uses jets of air to maneuver — and it could revolutionize...
BAE System's MAGMA differs from its competitors in one huge way.It has no control surfaces.The drone will have stealth capabilities and use two newly developed systems to navigate in the air.At first...
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