BAE Takes Profit Hit; Upbeat On Combat Air

Credit: Typhoon: BAE Systems
LONDON—BAE Systems has seen its half-yearly profits tumble after issues with its maritime business in the U.S. Operating profits for the first six months of 2018 dropped to £792 million ($1 billion) compared with £885 million in 2017, and order intake fell by almost £1 billion, the company announced...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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