British defence contractor signs five-year deal with Pentagon to produce explosives, easing fears over weak US demand BAE Systems has been awarded a new contract from the US military worth up to $780m (£512m), in a rare spending boost from its largest single customer. The US is BAE's biggest market but the defence contractor has warned it faced weak demand from across the Atlantic due to the scaling back of operations in Iraq and Afghanistan, as well as public spending cuts. These factors hav...
British defence contractor signs five-year deal with Pentagon to produce explosives, easing fears over weak US demand BAE Systems has been awarded a new contract from the US military worth up to $780m (£512m), in a rare spending boost from its largest single customer. The US is BAE's biggest market but the defence contractor has warned it faced weak demand from across the Atlantic due to the scaling back of operations in Iraq and Afghanistan, as well as public spending cuts. These factors hav...
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