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The Latest Breaking News from BAE Systems

UK ‘wastes billions’ on defence firms that give investors rich returns

Study claims taxpayer is subsidising up to 90% of weapons companies’ research and development budgets

The Guardian - UK

Economic impact BAE Systems has on South West revealed in new report

The research has been conducted by Oxford Economics

Birmingham Post

Critical radars that protect Royal Navy warships to be upgraded under £270m deal

BAE Systems will support, upgrade and maintain radars, securing 400 jobs across the UK

Birmingham Post

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Jobs secured through £270 million defence contract

Engineers will upgrade existing radars at sites in Glasgow and Edinburgh

Insider UK

North America’s Largest Battery Electric Bus Order To Be Powered By BAE Systems

This latest order builds upon the 1,800 electric buses already in use in the Canadian province of Quebec, which use the 200-kilowatt BAE Systems HDS200 electric motor.

InsideEVs

UK arms maker BAE in talks with Volodymyr Zelensky to build weapons inside Ukraine

‘We discussed the localisation of production in Ukraine,’ Zelensky said on his Telegram account

Evening Standard

Ukraine says it's working with BAE to set up weapons production facility

Ukraine is working with major British defense company BAE Systems to set up a Ukrainian base to both produce and repair weapons from tanks to artillery, President Volodymyr Zelenskiy said on Tuesday.

Reuters

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Firms fined most by regulators still on UK government’s list of top suppliers

Observer reveals that companies are getting big contracts in spite of paying penalties for corruption or fraud

The Guardian - UK

UK arms sales reach record £8.5bn as global tensions escalate

More than half of weapons exports were for repressive regimes such as Qatar and Saudi Arabia, as sales doubled last year

The Guardian - UK

MoD confirms £320m contracts to service Royal Navy offshore patrol vessels

The contracts relate to two fleets, one for UK coast patrols and another carrying out international missions.

The Independent UK

Investigation launched into alleged act of sabotage on board HMS Glasgow

Work on the ship has been paused temporarily while a full assessment is carried out

Insider UK

Probe into alleged sabotage at Glasgow shipyard of Royal Navy warship launched

The defence contractor BAE Systems revealed that the work on the HMS Glasgow Royal Navy warship was delayed after it was found that around 60 cables were cut on the Type 26 frigate.

Glasgow Live

BAE investigating alleged sabotage of next-generation Royal Navy warship

BAE Systems says dozens of cables intentionally damaged on Type 26 frigate HMS Glasgow in Scottish shipyard

The Guardian - UK

Investigation launched into alleged act of sabotage on board HMS Glasgow frigate

An investigation has been launched into an alleged incident of sabotage on board the HMS Glasgow where cables were intentionally damaged.

The Independent UK

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Evening Standard

Sabotage probe after cables cut on Royal Navy warship HMS Glasgow

An investigation has been launched after an alleged “sabotage incident” on the warship HMS Glasgow in which more than 60 cables were cut.

The National (Scotland)

Sabotage probe under way as cables cut on Royal Navy warship HMS Glasgow

AN INQUIRY has been launched into “intentional damage” of a Royal Navy warship at a Scottish shipyard.

The Guardian - AU

BAE Systems tries to bill Australian taxpayers $55,000 for Christmas cards and decorations

Defence department rejects military contractor’s claim but allows ‘adventure room’ event as audit finds navy frigate project in Adelaide faces cost blowout

Evening Standard

FTSE 100 Live: US regional bank shares tumble further; ECB signals further rate hikes to come; FTSE down 1.2%

Next, Shell and BAE Systems have posted updates today in a session when another major central bank is expected to hike interest rates.

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The Independent UK

Australian Prime Minister tells of ‘warm’ meeting with the King

The politician, in the UK ahead of the coronation, spoke after joining Defence Secretary Ben Wallace to tour the BAE Systems shipyard in Cumbria.

Newcastle Herald

Uni and Tafe join forces to bolster defence skills

BAE Systems has welcomed its largest group of aerospace apprentices and engineers

Insider UK

Ferguson Marine begins Type 26 frigate work

The new contract provides opportunities for a further 29 apprentices at the shipyard

The Independent UK

Nuclear submarine files containing military secrets ‘found in Wetherspoons pub toilet’

Files reportledly carried detail about HMS Anson – navy’s latest advanced nuclear-powered attack submarine

The Guardian - UK

Ministry of Defence awards £650m to firms working on Tempest fighter jet

BAE Systems and Rolls-Royce among those funded, with aim of producing new aircraft by 2035

Birmingham Post

BAE Systems awarded £656m Tempest contract extension for next generation combat aircraft

Huge MoD award builds on work over the past five years alongside Leonardo UK, MBDA UK and Rolls-Royce

Daily Mirror

Once-thriving retail arcade now abandoned as it's dubbed 'scourge on society'

Portland Walk in Barrow-in-Furness was once a thriving hub of business, but it's now been targeted by vandals since the closure of half its outlets making for a depressing sight

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