BAE Takes Stake In Reaction Engines Hypersonic Development

BAE Systems is partnering with air-breathing rocket developer Reaction Engines as part of an agreement under which BAE will acquire a 20% share of the U.K.-based company for £20.6 million ($31.8 million). The surprise announcement represents a key breakthrough for Reaction in its efforts to attract...
Guy Norris

Guy is a Senior Editor for Aviation Week, covering technology and propulsion. He is based in Colorado Springs.

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