British arms maker BAE Systems is set to axe more than 1,000 jobs at its shipbuilding yards in Scotland and southern England Continue reading
France’s military will cut about 7,500 jobs next year, a defense ministry source said on Thursday Continue reading
Proposed cuts to France’s military spending met with stiff resistance from lawmakers and the army on Monday, although the flat budget of 179.2 billion euros over a five-year-period will mean 34,000 job losses by 2019. France will keep its defence budget broadly stable for the next five years, after meeting stiff resistance from lawmakers and … Continue reading
BAE Systems has secured a boost for British manufacturing and safeguarded 6,000 jobs after agreeing a £2.5bn contract with Oman for Typhoon and Hawk military aircraft. Britain’s largest defence contractor and manufacturing employer is targeting growth markets such as the Middle East as part of a strategic imperative that has become even more urgent in … Continue reading