6/4/2023 0 Comments What does bae stand for“BAE’s strategy has taken it deep into UK and U.S. Some analysts believe this attitude could change given that BAE is one of the biggest foreign suppliers of weapons to the Pentagon. government’s reluctance to see more consolidation among their prime contractors and competition reduced. Such plans could, however, be scuppered because of the U.S. “The conspiracy theorists say BAE are hoping to flush out a bid from one of the U.S. “BAE see their defence earnings going down, what do they do about it? They either get into bed with someone going up like EADS or they team up with someone who can help them rip a load of costs out and get economies of scale like a Rockwell Collins, a General Dynamics or a Lockheed Martin ,” said an equities manager at a British investment house holding a stake in BAE. business or remain alone trying to squeeze growth from the contracting global defence sector.Įurope’s biggest defence deal in a decade faces many hurdles, including a row over the proposed 60/40 EADS-BAE ratio, how to ringfence top-secret projects and how to satisfy governments keen to safeguard EADS operations in France and Germany. If the planned $45 billion merger between the British defence group and the European aerospace giant does not go ahead, BAE could look to do a deal with a U.S. LONDON, Sept 26 (Reuters) - BAE Systems needs its proposed merger with Airbus parent EADS to succeed if it is to avoid being cast adrift as a company without a clear strategy in a shrinking industry or a takeover target for predatory U.S.
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