Tuesday, 8 May 2007

BAE buying US armour company





http://news.bbc.co.uk/1/hi/business/6632613.stm

BAE has put in a $4.5bn takeoveer offer for an American military vehicle and armour company. This is a good oportunity for BAE to increase its powers in this sector and increase its foothold in america with hopefully some more American defense contracts to follow. They would also become a more respected company as they would have a big part in the American contracts and would be respected for that.

No comments: