LONDON – BAE Systems says it is upbeat about continuing production of both the Eurofighter Typhoon and Hawk jet trainers. The company, which recorded a fall in sales and an increase in profits, said it could see "modest improvements" in U.S. defense budgets with "increasing stability and improving clarity," CEO Ian King told analysts on Feb. 19. Sales were £16.64 billion ($25.67 billion) last year compared to £18.18 billion in 2013. But the ...

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