Equally interesting when one considers that a few years ago, Bae disposed of some of its interests in Airbus to become a subcontractor as opposed to a full partner.
In all honesty, if it goes through, I can see BAe upping sticks and leaving the UK once and for all once the Typhoon and F35 deals are done. Within 10 years. Especially if there are no other big projects forthcoming, ie further generation Astute/Trident replacement/Future Frigate, etc.
Pity how a great industry from post war, following nationalisation should end up like this, but there you go.