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View Full Version : BAE plays down MoD row rumours


Drone_pilot
02-05-04, 22:29
BAE Systems has played down reports that it could pull out of a £3bn ($5.3bn) contract to build two aircraft carriers for the Royal Navy.
Britain's biggest defence company is currently in negotiations with the Ministry of Defence over the final details of the contract.

A row broke out over who will be lead contractor in an alliance between BAE and Thales, the French defence company.

An MoD final decision on the companies involved is expected in a fortnight.

BBC Read More (http://news.bbc.co.uk/1/hi/business/3677893.stm)

HighlandSniper58
02-05-04, 22:46
Quitehonestly I'd be worried over either of these. BAe never do anything within years of targets, and Thales build a/c carriers which are too short!