Topic: BAE Systems plc
U.S. to delay BAE export licenses after plea deal
Reuters US Online Report Business News
WASHINGTON (Reuters) - The U.S. State Department said on Tuesday it would delay action on any new export license requests by BAE Systems Plc <BAES.L> after the British military contractor pleaded guilty to violating several U.S. laws. BAE pleaded guilty on March 1 to conspiring to ...
BAE Systems sells 10 percent stake in Saab AB
AP News
BAE Systems sells 10 percent stake in Swedish defense company Saab AB for $149 millionDefense contractor BAE Systems PLC said Friday it has sold a 10.25 percent stake in Swedish defense company Saab AB for 1.066 billion kronor ($149 million) as part of an ongoing divestment process. BAE ...
Defense company BAE Systems enters guilty plea
AP News
BAE Systems pleads guilty to conspiracy and is sentenced to pay a $400 million fineDefense company BAE Systems PLC pleaded guilty to conspiracy on Monday and a judge imposed a $400 million fine, among the largest in the Justice Department's efforts to combat overseas corruption in international business. The ...
Lockheed gets $17.7M contract option
AP News
Lockheed and team get $17.7 million contract option for military communication systemLockheed Martin Corp. said Thursday it received a contract option to develop new equipment for a military communication system. The defense contractor said its team, which also includes General Dynamics, Northrop Grumman, Raytheon and BAE Systems, will boost ...
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