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FT.com - Aerospace and defence

FT.com - Aerospace and defence

Dec 04, 2008 Navy faces aircraft carriers delay
The Royal Navy will have to wait up to two years longer for its £4bn aircraft carriers under cost-cutting plans being finalised by John Hutton, defence secretary
Dec 03, 2008 Dassault in pledge over Thales chief role
Aircraft group will not put forward own executive should Ranque leave in wake of stake sale
Dec 02, 2008 Boeing engineers approve new contract
Boeing's second-largest union voted to approve the company's four-year contract offer, avoiding a second damaging strike at the plane maker's Seattle-area plants
Dec 02, 2008 EADS rearranges deckchairs ahead of gathering storm
Last month, Louis Gallois, EADS chief executive, suggested it was perhaps time to scrap the European aerospace group's dual headquarters in Paris and Munich. Far...
Dec 02, 2008 SFO accesses Swiss files in BAE probe
British anti-corruption investigators have won access to Swiss bank files in an expanding probe into alleged bribery by BAE Systems in European arms deals
Dec 02, 2008 Affordability is a key asset for JSF
The main driver when the programme was first conceived was to manage what no one had ever managed to do before, to build a highly capable fighter at a relatively low price
Dec 01, 2008 F-35's first battle will be over sales
With defence budgets already tight given the billions spent on the wars in Iraq and Afghanistan combined with the credit crunch, Lockheed faces a stiff challenge to woo customers
Dec 01, 2008 Congress stands firm on engine programme
Congress rebuffs attempts by the military to kill plans to build the alternative engine designed to power the F-35, refusing to succumb to the temptation of short-term savings
Nov 28, 2008 Cathay puts aircraft orders on hold
Hong Kong-based airline faced a sharp slowdown in both passenger and cargo traffic
Nov 28, 2008 BMI warns of biggest loss in its history
BMI British Midland, the second biggest airline operating at London Heathrow, has warned employees it will suffer the largest loss in its history this year. Nigel...
Nov 26, 2008 North American growth helps boost Qinetiq
Sales of bomb disposal robots and vehicle armour kits to forces in Iraq push the defence group's revenues up 14%, with almost half of that coming from the US
Nov 26, 2008 Eclipse Aviation files for Chapter 11
Eclipse Aviation, the troubled US pioneer maker of very light, 3-4 passenger corporate jets, collapsed into court-administered Chapter 11 bankruptcy on Tuesday
Nov 24, 2008 UK space industry craves boost from ministers
Britain is notorious for the low level of public support it gives to the sector compared with other industrialised countries, with its spending accounting for just 1.4% of the 2008 world total of $32.8bn
Nov 23, 2008 BAE's big guns keep the orders rolling in
The US and other governments have bought the company's M777 howitzers, now it hopes the British military will
Nov 20, 2008 Aerospace sector prepares for rocky ride
UK aerospace and defence groups join manufacturing peers in pointing to a challenging 2009 for employees and investors as Rolls chief sets out programme of tough medicine
Nov 20, 2008 Rolls-Royce to shed 2,000 jobs
The group, which supplies engines for both civil and military use, joins a string of companies which have announced redundancy plans as the economy deteriorates
Nov 19, 2008 Defence industry in funding alert
Executives warn that current spending levels on equipment threaten to devastate the onshore sector and leave Britain without a 'big stick' to pursue its global interests
Nov 18, 2008 Alcatel-Lucent/Thales
Dassault's proposal to buy Alcatel-Lucent's minority stake in Thales, the French aerospace electronics group, looks like a good deal
Nov 18, 2008 Dassault reveals exclusive Thales talks
Paris appears to have been decisive in a deal that represents a strong defence comeback for maker of Rafale combat aircraft and that marks a setback for EADS's ambitions
Nov 18, 2008 BAE joins queue for London bus
UK's leading defence contractor teams up for hybrid electric vehicle trial that is part of mayor of capital city's push towards greener and cleaner fleet