Probes of BAE cloud U.S. deals: congressional scrutiny of Saudi arms contracts could hurt expansion

Article Abstract:

UK's BAE Systems PLC is under investigation by US authorities regarding the legality of payments it made to Saudi Arabia's royal family in a deal for aircraft and services it made in 1986. The investigation may complicate BAE's offer to purchase Armor Holdings Inc. for $4.1 bil., which would significantly raise its profile in the US defense sector.

Legal issues & crime, Contracts & orders received, Saudi Arabia, Surgical appliances and supplies, Contracts & orders let, United Kingdom, United States, Company legal issue, Investigations, Contracts, Safety equipment and supplies industry, Safety equipment industry, Defense industry, Contract agreement, BAE SYSTEMS PLC, Defence industry, Armor Holdings Inc., AH, Defence industries

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Alcatel sets venture with Finmeccanica: merger of space operations may slow consolidation of Europe's satellite firms

Article Abstract:

Industry experts believe a merger between Compagnie Financiere Alcatel and Finmeccanica S.p.A. may deter satellite maker European Aeronautic Defense & Space Co. from joining in the merger, delaying further consolidation in the industry.

Italy, Forecasts, trends, outlooks, France, Radio & TV communications equipment, Guided missiles and space vehicles, Compagnie Financiere Alcatel, Satellite industry, Finmeccanica S.p.A., Industry forecasts, CGEP.PA

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Aukland Airport: open for landing? Dubai Aerospace's offer for a partial takeover gets a tepid response

Article Abstract:

Dubai Aerospace Enterprise has launched a bid for 51% to 60% of New Zealand's Auckland International Airport Ltd. in a deal valued at $2.07 bil. Dubai Aerospace's bid represents a 15% premium.

Financial management, Aircraft, New Zealand, United Arab Emirates, Investor relations, Fixed base operators industry, Auckland International Airport Ltd.

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