BAE profit jumps 27%, lifted by military needs: sales increase 8.1% as U.S. operations continue to expand

Article Abstract:

First-half net profit for UK defense contracting firm BAE Systems PLC rose 27% to reach $1.05 bil, due in part to US demand for its Mideast military operations. However, the US Department of Justice is investigating BAE concerning anticorruption law compliance, specifically regarding its business with Saudi Arabia.

Legal issues & crime, Company legal issue, Investigations, United States. Department of Justice, Corruption investigation

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BAE's profit gets a boost from Airbus stake sale

Article Abstract:

The divestment of its share in Airbus S.A.S. ,and the acquisition of U.S. company United Defense Industries Inc., has helped BAE Systems PLC's full year net profits to triple, rising to $3.2 billion in 2006.

Aircraft, United States, France, Aircraft industry, Airbus S.A.S., BAE Systems Inc. Land & Armaments Operating Group

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Earnings decline at BAE Systems amid year-earlier gain

Article Abstract:

BAE Systems PLC reports a 45% net profit loss to $1.76 billion in 2007. Article discusses the company's sales, operating expenses, recent acquisitions, and profit forecast for 2008.

Forecasts, trends, outlooks, Company business forecast/projection, Company forecasts

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