PPRuNe Forums - View Single Post - BAE hopes to win $7bn T-X order fom US
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Old 9th Jul 2012, 22:09
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Milo Minderbinder
 
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They're acquiring new businesses because they are losing money in the ones they already own and can't make them profitable. So they are buying profitable businesses to asset strip and destroy, providing cash to drive their USA expansion.
They're still following the GEC business model of destroying jobs to liberate cash. The sooner they are rumbled and the banks pull the plug the better.
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