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The Latest Breaking News from BAE

National Defence Strategy eyes Hunter as Indo-Pacific industry hub in $50 billion military spend

Hunter defence industry has been turbo charged by the first National Defence Strategy.

Newcastle Herald

Al-Yamamah arms deal report comes to light ending anti-corruption campaigners’ battle

Inquiry by National Audit Office into British-Saudi arms contract reveals evidence of MoD deception over bribery allegations

The Guardian - UK

Australia moves to prop up Aukus with $4.6bn pledge to help clear Rolls-Royce nuclear reactor bottlenecks in UK

Funding revealed on eve of government talks is in addition to billions of dollars to be sent to US

The Guardian - AU

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Foreign Office official floated idea of giving honour to fixer for Saudi royals

Salah Fustok alleged by UK prosecutors to have been a middleman for nearly £10m in payments to Saudi prince

The Guardian - UK

After the bombshell Saudi defence deal revelations, we need a full inquiry into who knew what

There cannot be one rule for ordinary businesses and ordinary people, and another for government departments, says Susan Hawley of Spotlight on Corruption

The Guardian - UK

MoD paid millions into Saudi account amid BAE corruption scandal

Documents show officials stressing need to ‘keep the Saudis on side’ after revelations about notorious al-Yamamah deal

The Guardian - UK

Arms maker BAE Systems makes record profit amid Ukraine and Israel-Gaza wars

FTSE 100 company says global instability is making government focus on defence spending

The Guardian - UK

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BAE Systems in line for potential windfall from Kazakhstan airline flotation

Air Astana, which is 49% owned by the British defence firm, announces plans to float on London stock market

The Guardian - UK

New £12m training academy to be built on banks of River Clyde

A NEW shipbuilding academy is to be built on the banks of the River Clyde to ensure Glasgow has the skills the industry needs for the future ...

The National (Scotland)

Time critical: Williamtown base gets $110m for F-35 fleet expansion

Planning documents convey a sense of urgency, saying the project is "time-critical" and would "directly contribute to the defence of Australia".

Newcastle Herald

Protesters blockade Scottish arms factory over Gaza bombardment

ACTIVISTS have blockaded a Scottish weapons factory in protest over the ongoing bombardment of Gaza.

The National (Scotland)

Rising Defense Demands Will Be a Boon for These 3 Industry Leaders

As year end approaches, we’ve seen a major change in the geopolitical conflict picture as larger scale confrontations draw out, and new confrontations involve larger, and more, players than over the past few decades. This uptick in real and potential nation state conflicts means the weapons of war and defense…

StockNews.com

Protesters disrupt conference in Glasgow as arms manufacturer joins panel

Protesters disrupted an economy conference in Glasgow over the war in Gaza.

The National (Scotland)

Gaza solidarity events will take place across Scotland this weekend – see the list

SEVERAL solidarity demonstrations in support of Palestine have been planned in cities and towns across Scotland this weekend.

The National (Scotland)

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Evening Standard

Hundreds of pro-Palestine activists blockade BAE Systems factory in Kent

More than 400 trade unionists are involved in the action at the site

The Conversation

Ukraine recap: Kim Jong-un visits Putin for arms-for-tech talks while Kyiv urges west for longer-range missiles to aid counteroffensive

Vladimir Putin spent a few pleasant hours this week with one of his friends and allies – an increasingly exclusive club these days. Putin met up with North Korea’s supreme leader, Respected Comrade Kim Jong-un, who rode his armoured train 20 hours to the Vostochny space centre in the remote…

The Guardian - AU

Russia-Ukraine war: G7 condemns ‘sham elections’ held by Russia on Ukrainian territory – as it happened

Foreign ministers condemn ‘elections’ held in Donetsk, Kherson, Luhansk, Zaporizhzhia oblasts and Crimea, where electoral competition was limited

The Conversation

What BAE's Ukraine deal shows about the risks and opportunities of setting up a business in a war zone

Amid the Russian invasion that has made the country into a war zone since February 2022, Britain’s largest defence contractor BAE Systems has recently set up a business in Ukraine. It has agreed to supply arms to Ukraine’s military and possibly set up local production facilities in the future.

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The Guardian - AU

British arms maker BAE Systems sets up in Ukraine

Manufacturer of much of the western equipment used against Russian invasion says it aims to produce artillery

The Independent UK

Putin’s forces pushed back in southern Ukraine – as Zelensky claims new long-range weapon

Revelations from Ukrainian president come a day after massive assault deep inside Russia

The Guardian - UK

BAE agrees to buy space technology firm Ball Aerospace for $5.6bn

Weapon maker’s takeover of US firm comes amid global surge in spending on military and spying technology

Evening Standard

BAE Systems to buy US firm Ball Aerospace in $5.6 billion deal

One of the biggest UK mergers of the year was unveiled today as Britain’s top defence contractor BAE Systems said it had reached an agreement to buy US firm Ball Aerospace in a $5.6 billion (£4.4 billion) deal.

Newcastle Herald

F-35 contractor invites Hunter workers to reach for the sky

'If you work at the local panel-beater, then come and have a chat to us.'

Newcastle Herald

New $100m F-35 maintenance centre for Williamtown

The F-35's paint is a state-of-the-art element of its radar-evading "stealth" technology.

Evening Standard

BAE Systems breaks records as governments beef up defence spending

CEO Charles Woodburn tells the Standard Russia’s war in Ukraine is a reminder to investors of the importance of defence

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