Bae Systems

EADS, BAE call off world's biggest arms merger

  The deadline for BAE Systems and EADS to confirm a merger is just hours away. Photo: AFP

EADS and BAE Systems will not extend their merger talks later on Wednesday, calling an end to a plan to create the world’s largest defence group.

Wednesday, 10 October, 2012, 8:17pm

BAE, EADS due to say if they seek to merge

  The deadline for BAE Systems and EADS to confirm a merger is just hours away. Photo: AFP

Leading European aerospace and defence companies EADS and BAE Systems are to ask Wednesday for a delay from British regulators to a deadline on announcing if they will pursue a tie-up that would create a global giant bigger than US rival Boeing, a source close to the matter said.\

10 Oct 2012 - 10:45am

EADS-BAE merger talks enter critical phase

Photo: AFP

Political wrangling between Germany, France and Britain has entered a critical phase ahead of an imminent deadline for a merger of EADS and BAE to create the world’s top aerospace and arms group.

8 Oct 2012 - 11:21am

Keeping bribery at bay crucial for our standing

At first it seems wrong: why should a new British law on bribery concern firms in Hong Kong? We no longer answer to our former colonial master and no one has given it the authority to police the world. But as much as we may feel a sense of indignation, this sort of legislation - making bribery an offence for companies in any way doing business with Britain - makes sense.

15 Jun 2010 - 12:00am

Fire power

As the United States continues to expand its war on terror and looks to counter other global security risks - such as nuclear proliferation and cyber-warfare - the defence industry is expected to be a solid investment tool for years to come, analysts predict.

28 Apr 2009 - 12:00am

Contracts announced

CHINA Aerospace International Holdings says it has entered into five contracts with China Jiangnan Space Industry Co (CJSI) after the establishment of their joint ventures, announced last week.

8 Jan 1994 - 12:00am

BAe boss Cahill may leave well before contract expires

LONDON: John Cahill, the chairman of British Aerospace, may step down well before his contract expires in April 1997.

Industry and City sources believe he may leave this year, barely two years since he was head-hunted for the job after Sir Roland Smith was ousted in a boardroom coup.

3 Jan 1994 - 12:00am

BAe plans Taiwan venture

THE private group British Aerospace is expected to clinch an agreement soon on setting up a joint venture with a Taiwan company for the building of a new range of short-haul passenger jets, BAe said on Friday.

The company said the deal with Taiwan Aerospace Corp could be signed at the beginning this week.

17 Jan 1993 - 12:00am