YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Britain's top defense firm slashes 2,000 jobs

Posted online

Defense contractor BAE Systems plans to cut nearly 2,000 jobs as fighter jet orders slow.

Britain's top defense contractor expects to remove up to 1,400 employees from its aerospace division and another 525 from other divisions.

Qatar in September announced it would buy 24 Eurofighter Typhoons. However, the agreement has not been finalized. The same goes for a proposed deal to send 48 of the aircraft to Saudi Arabia.

Read more from CNNMoney.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Business Spotlight: Wheels on Wheels

Nixa-based mobile tire shop provides services on the go.

Most Read
Update cookies preferences