Bae Systems Share Discussion Threads

[maywillow] 21/1/2019 12:16

Rheinmetall AG (RHM.XE) and BAE Systems PLC (BA.LN) are to create a U.K.-based joint venture for land systems, the German company said Monday.

Its headquarters will be based at BAE Systems' facility in Telford, England.

It will sustain more than 400 jobs in the country, Rheinmetall said.

Rheinmetall is to purchase a 55% stake in the existing BAE Systems U.K.-based combat vehicles business, with BAE Systems retaining 45%, Rheinmetall said.

Subject to regulatory approvals, the joint venture will be called Rheinmetall BAE Systems Land, or RBSL, once fully formed. Regulatory approvals are expected to be completed in the first half of 2019, Rheinmetall said.



Write to Donato Paolo Mancini at [e-mail]; @donatopmancini



(END) Dow Jones Newswires

January 21, 2019 05:53 ET (10:53 GMT)

[maywillow] 21/1/2019 12:15

Rheinmetall AG (RHM.XE) and BAE Systems PLC (BA.LN) are to create a U.K.-based joint venture for land systems, the German company said Monday.

Its headquarters will be based at BAE Systems' facility in Telford, England.

It will sustain more than 400 jobs in the country, Rheinmetall said.

Rheinmetall is to purchase a 55% stake in the existing BAE Systems U.K.-based combat vehicles business, with BAE Systems retaining 45%, Rheinmetall said.

Subject to regulatory approvals, the joint venture will be called Rheinmetall BAE Systems Land, or RBSL, once fully formed. Regulatory approvals are expected to be completed in the first half of 2019, Rheinmetall said.



Write to Donato Paolo Mancini at [e-mail]; @donatopmancini



(END) Dow Jones Newswires

January 21, 2019 05:53 ET (10:53 GMT)

[wbecki] 17/1/2019 18:39

Wonder if it will be taking flights USA side.

Thanks for the info...

[cmackay] 17/1/2019 16:09

Steroids have come a long way it seems...

[ribblewader] 17/1/2019 16:05

Good grief, do they jump THAT high!

[shalder] 17/1/2019 15:58

Yes but can horses cope with 9G @ 30,000 ft? :)

[bookbroker] 17/1/2019 11:17

1621 - cufflinks would say that, it is all bluster, and highly unlikely that an aerial war will be won in the skies above the US, that is why they have aircraft carriers, although maybe not much use against a hypersonic missile!

[ribblewader] 17/1/2019 10:37

High altitude MB ejector seat testing. Dated June 2018

[shalder] 17/1/2019 09:21

WB: re flying Meteors, Martin Baker have used one for many years testing ejector seat designs, as far as I know still operational. Somebody else might know better!

[wbecki] 17/1/2019 09:17

Upgraded Chinese Stealth Jet "Overwhelmingly Superior" To US F-35 Jet: Claims Beijing Analyst

"Looks cannily similar to the F35"

[wbecki] 17/1/2019 09:17

I envy you doing cadet training in Tiger Moths Dean :)

Meteor - Are any still flying?

[ribblewader] 17/1/2019 09:10

New UK aerospace project set to challenge certification norms

Academic project partners include the University of Bristol, University of Bath and the University of Exeter, while industry support comes via Airbus, BAE Systems, Rolls-Royce, GKN Aerospace, the Alan Turing Institute, CFMS and the National Composites Centre.

[deanforester] 16/1/2019 17:47

Dodgy Chipmunks? Compared with a Tiger Moth they were a joy to fly. For real dodginess, try getting into a spin in a Meteor.

[wbecki] 16/1/2019 16:43

Always wanted to be a pilot myself.
Was in RAF Regiment cadets, flying those dodgy chipmunks but due to poor eyesight that was a far as I went.

My bucket list is to do one of those Spitfire flights across channel and back before I kick the bucket.

[ribblewader] 16/1/2019 16:39

Nope Engineer and Project Manager. Was part of the BAE typhoon team setting up a type of industry based Direct Exchange system (known as Industry Exchange and Repair Service now).
Worked with Tornado F3's during the 80's as part of my RAF career before going on to Nimrod(s).

[wbecki] 16/1/2019 16:26

Ah not quite working for the "MOD" that I was expecting...

No biggie.

How did you find the Typhoon? Compared to Tornado?
I presume you never flew them?

[ribblewader] 16/1/2019 16:04

These orders are coming in well.......

Boston orders nearly 200 electric-hybrid systems from BAE Systems for new buses

BAE Systems’ electric hybrid propulsion powers Massachusetts Bay Transportation Authority (MBTA) buses.

[ribblewader] 16/1/2019 14:56

WBecki, my Dad was involved in V force introduction to service in late 50's as a serving RAF Engineer and became a Crew Chief on Vulcans after a stint at Boscomb with TSR.
My first trip to Abbeywood was in the late 80's but more involved with MRA4 from about 94. Typhoon was when I worked for BAE.

[vikingwarrier] 16/1/2019 13:40

I bet its no longer British Aerospace either

[wbecki] 16/1/2019 13:01

"General historic context, which has absolutely nothing to do with BAE!"

If this govt falls then it will have all to do with BAe.
For the Saudi contract is the first thing that will be binned with any Non Tory govt fyi.
Certainly interesting times across the board...

[ribblewader] 16/1/2019 11:39

WBecki, politicians do what politicians do. General historic context, which has absolutely nothing to do with BAE!