Page 47 - Bae Systems News Today

Investegate announcements from Transaction in Own Shares

With a $35 million CHIPS Act grant to a local BAE Systems facility, Nashua, N.H., is pushing to train a new generation of domestic semiconductor workers.

With Germany still blocking a long-planned sale of Eurofighter Typhoons to the Kingdom, Dassault is capitalizing on the opportunity.

Investegate announcements from Transaction in Own Shares

The Commerce Department chose a major defense hardware maker as recipient number one of CHIPS For America grant money, which certainly will go across mu...

Britain, Japan, and Italy have inked a treaty for a cutting-edge combat air program, targeting an advanced fighter jet development. This collaboration, emerging a year after merging London and Tokyos fighter efforts, aims for the aircraft to take flight by 2035, pending parliamentary ratification. Led by Britain, the programs headquarters will host both government and industry entities. The jet promises a radar system significantly superior to current technology, with involvement from key player...

Britain is leading the way with a new generation of stealth jets designed to beat radar systems.

The deal will see BAE Systems continue the modernisation of the plant to ensure its future and improve manufacturing processes.

For example, what caught David Manners' eye was that the first money handed out under the US Chips Act was to a UK company - BAe Systems...

The effort will be steered from an HQ in Britain, with a Japanese leader for the government apparatus and an Italian executive for the industry side.