BAE warns of uncertainty over US...

BAE warns of uncertainty over US contracts

http://www.ft.com/cms/s/0/db2801d4-f4a9-11e0-a286-00144feab49a.html

I won't post the full article as they have copyright on it , but here are a couple of snippets!

I particularly liked this little gem!

"The uncertainty in the US over the future commissioning of defence equipment programmes is weighing most heavily on the company"

In spite of spending cuts in its main markets, BAE insisted it was well placed in pursuing “significant new business opportunities”.

"The award of a $850m contract to operate an army ammunition plant in the US to BAE in May is also being disputed by the incumbent contractor."

Have a read of the whole article here http://www.ft.com/cms/s/0/db2801d4-f4a9-11e0-a286-00144feab49a.html