BAE hopes to win $7bn T-X order fom US
Suspicion breeds confidence
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BAE hopes to win $7bn T-X order fom US
Hope they do, but you can never tell with US politics. They like the T45 and hopefully clinch the deal. Not much in orders from HMG at the moment.
BAE bids to land £7bn US jet project - Telegraph
BAE bids to land £7bn US jet project - Telegraph
Last edited by Navaleye; 7th Jul 2012 at 23:37.
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BAE is working on its bid with Northrop Grumman and L-3 Link
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Although the Alenia Aermacchi M-346 Master is supposed to be a great airframe, it's Russian Origins may well harm it.
Bae/ Northrop should have a great advantage knowing the setup for the F-35 inside out to make near seamless integration for the trainees
Bae/ Northrop should have a great advantage knowing the setup for the F-35 inside out to make near seamless integration for the trainees
Below the Glidepath - not correcting
Isn't BAE an American company nowadays?
These days the Spams are so corrupt that if BAe win it, they will discount it and go for an American product regardless
BAE Systems Inc is a wholly owned subsidiary of BAE Systems PLC, which makes it about as American as Fish and Chips...
"They'll relocate if it gets them this order"
Of course they won't, don't be ridiculous.
Relocate that is, they certainly COULD get the order, though hasn't the requirement been put back a few years? Therefore substantially reducing the chance of the Hawk still being in production.
Of course they won't, don't be ridiculous.
Relocate that is, they certainly COULD get the order, though hasn't the requirement been put back a few years? Therefore substantially reducing the chance of the Hawk still being in production.
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New production line in America. So it doesn't matter if we stop Hawk production in the UK. All it will mean is that BAE shift yet another part of their business to the USA. And what they would be shifting would be production of their last manned aircraft. By then Typhoon production would have ceased and theres nothing to replace it. So bye-bye Warton and Salmesbury (unless they actually manage to sell a drone to the MOD)
BAEs interests in the UK are declining and petty much irrelevant. Why should they not relocate to the USA?
BAEs interests in the UK are declining and petty much irrelevant. Why should they not relocate to the USA?
Because they have far more than military aircraft interests here in the UK. They are a vast outfit and are still acquiring niche UK manufacturing companies in the defence and security market. Detica being a notable recent one.
They have over 30 manufacturing plants in the UK, there is a LOT more to BAES than merely Warton and Samlesbury. Samlesbury will be designing, engineering and manufacturing F-35 airframe assemblies for a very long time.
Mantis and the like will keep Warton busy too. Plus Typhoon will be upgraded a few more times and they are also still active in the export market. In the REALLY long term future, while everyone talks of the F-35 and Typhoon as being the last generation of manned combat aircraft, I recall when that was said about a certain English Electric Lightning...
It's not all doom and gloom in the world's second largest aerospace industry you know!
They have over 30 manufacturing plants in the UK, there is a LOT more to BAES than merely Warton and Samlesbury. Samlesbury will be designing, engineering and manufacturing F-35 airframe assemblies for a very long time.
Mantis and the like will keep Warton busy too. Plus Typhoon will be upgraded a few more times and they are also still active in the export market. In the REALLY long term future, while everyone talks of the F-35 and Typhoon as being the last generation of manned combat aircraft, I recall when that was said about a certain English Electric Lightning...
It's not all doom and gloom in the world's second largest aerospace industry you know!
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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.
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.
Milo Minderbinder,
Have you looked at their financials lately?
Share price up £4 today. Profit of nearly £1.3 Billion. Just what do you think the word "losing" actually means?
Have you looked at their financials lately?
Share price up £4 today. Profit of nearly £1.3 Billion. Just what do you think the word "losing" actually means?
Last edited by pr00ne; 9th Jul 2012 at 22:31.
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no, but I've worked in a few publicly quoted companies where I've helped to fiddle the financials, so please don't spout that kind of bollox to me.
If you're buying companies, its dead easy to hide the fact your main business is faltering
If you're buying companies, its dead easy to hide the fact your main business is faltering
You cannot "fiddle" a profit of £1.3 Billion!
People like me exist to make sure that things that like that don't happen. When they do then the crash and burn is spectacular, especially if you happen to be in the US, when you can expect to go to prison for 90 years.
People like me exist to make sure that things that like that don't happen. When they do then the crash and burn is spectacular, especially if you happen to be in the US, when you can expect to go to prison for 90 years.
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Then people like you should be a damned site more switched on and believe what companies tell you less.
It damned easy to fiddle company accounts - and the bigger you are he easier it is because the auditors are scared of pulling the plug in case they get dragged down with it
It damned easy to fiddle company accounts - and the bigger you are he easier it is because the auditors are scared of pulling the plug in case they get dragged down with it
Milo Minderbinder
Ever heard of something called due diligence? We don't just "believe what companies tell us" for goodness sake.
The City is not as naive, nor nearly as corrupt as you clearly think it is, thankfully!
Ever heard of something called due diligence? We don't just "believe what companies tell us" for goodness sake.
The City is not as naive, nor nearly as corrupt as you clearly think it is, thankfully!