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Latest defence & aerospace news

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Finmeccanica closes in to buy DRS
- An acquisition of DRS, a US military supplier, could be a springboard for the Italian group into a key defence market
MoD contract goes to US group
- The UK defence ministry has asked General Dynamics of the US to provide the vehicle design for a new generation of armoured vehicles for the army
BAE needs to deal with past, says chairman
- Dick Olver confirms he is seeking a review by the new head of the Serious Fraud Office of its abandoned probe into the £43bn al-Yamamah arms deal with Saudi Arabia
Broken promises
- Anything Brown has to say on corporate responsibility and its contribution to development is undermined by his failure to enforce it in Britain's government-industrial nexus

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