The UK government is currently planning on buying Eurofighters and F-35 JSF aircraft to modernize their fixed wing aviation force. There are rumors that the Eurofighter buy may be canceled as a cost savings. See an article here. Eurofighter is built by a multi-nation consortium in Europe with BAE being the most [...]
Tagged with: aviation, BAE, consortium, England, eurofighters, europe, f 35 jsf, participant, termination fees, uk government
The UK government, fresh off of awarding the construction contract for the two new aircraft carriers, has now awarded a second major one related to the effort. BAE has been awarded a contract to develop the IT backbone for the ships. See this article for more. This over $500 M contract will [...]
Tagged with: backbone, BAE, construction contract, crew size, new aircraft carriers, ships, uk government
This article discusses the effect BAE has had on Phoenix, AZ. It also illustrates how the non-US company has grown through the acquisitions of US companies and has gained more and more US defene business. In Phoenix alone the number of BAE employees has tripled in the last five years or so, and [...]
Tagged with: acquisitions, BAE, british company, Congress, phoenix
According to this article the US Navy awarded five separate contracts to Navistar International. These contracts will be used to buy MRAP vehicles for the USMC. The MRAP market has increased dramatically in the last three years with BAE, Navistar and Force Protection being the main suppliers. The US military invested heavily in [...]
Tagged with: BAE, combat forces, Contract Awards, humvee, IED, Iraq, JLTV, mrap vehicles, navistar international, other vehicles, prime threat, U.S. Army, U.S. Navy, us military, usmc
This article discusses the situation of Harris Corporation who makes radios for the US military and various civilian applications. There business has boomed over the last few years and their size and contracts have made them a target of the larger US and European defense contractors. Unfortunately the good performance of the company [...]
Tagged with: acquisition, acquisitions, all time high, BAE, civilian applications, Congress, Contract Awards, defense budget, defense contractors, EADS, european defense, Harris Corporation, radios, security requirements, stock, target
Bump - Fresh off good financial reports for the quarter, EADS is now looking at DRS Technologies as well. See an article here. This makes it sound like DRS might be a good buy.
As rumored this weekend Finmeccanica bought DRS today. The deal is for around $5 B. See an article [...]
Tagged with: acquisition, acquisitions, BAE, Congress, drs, EADS, election year, european company, finmeccanica, political environment, stock, target
As a recent GAO report highlighted the Department of Defense invests a great deal in Science, Engineering, Technical and Analysis (SETA) contracts. These contracts, and contractors, are most known as working with the military acquisition offices to provide necessary support. There are also SETA contracts with IT, testing, engineering, safety and pretty much [...]
Tagged with: acquisition offices, BAE, CACI, common stock, defense contractors, financial performance, gao report, grumman, initial offering, intelligence services, interrogators, military acquisition, necessary support, northrop grumman, power house, SAIC, science engineering, SETA, support contracts, traditional areas
This analysis in The Guardian says that BAE and the VT Group will lose billions in orders from the British government if planned cuts to the defence budget go through. Because some of the contracts for hardware have cancellation clauses the government may be force to buy the systems and then sell them to [...]
Tagged with: BAE, billions, british government, cancellation, clauses, Contract Awards, defence budget, guardian, public spending, VT Group
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