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Latest defence & aerospace news
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US suspended BAE Systems' licences
Washington is likely to allow the US subsidiary of the UK defence company to obtain export licences as before, following the group's $400m plea agreement over bribery allegations
Insults fly as tanker contract hopes die
EADS adopts diplomatic stance as accusations of protectionism follow the collapse of the competitive $50bn tender to provide refuelling tankers to the US Air Force
EADS suspends dividend
The Franco-German group will for the first time cancel its pay-out to investors after being pushed into the red by heavy charges on troublesome aircraft programmes and punishing exchange rates
Europe cries foul over US defence tender
European countries have accused Washington of foul play after the continent's largest aerospace and defence company pulled out of a multibillion-dollar race to supply the US military, alleging unfair competition
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