Response To Publication Of Strategic Defence & Security Review
19 Oct 2010 | Ref. 237/2010
London, UK -- BAE Systems welcomes the publication of the UK Government’s Strategic Defence and Security Review (SDSR) today.
We have been fully aware of the challenges facing the new Government in addressing the public spending deficit and throughout the SDSR consultation period we have cooperated with the Ministry of Defence (MOD) to identify areas in which efficiencies could be delivered and key industrial capabilities are maintained.
Today’s announcement gives us the basis on which to adapt our plans. We will now study the Review and the outcome of tomorrow’s Comprehensive Spending Review and will make a further announcement alongside the release of our Interim Management Statement on Thursday 21 October 2010.
About BAE Systems
BAE Systems is a global defence, security and aerospace company with approximately 107,000 employees worldwide. The Company delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. In 2009 BAE Systems reported sales of £22.4 billion (US$ 36.2 billion).
For further information contact:
Lindsay Walls, BAE Systems
Tel: +44 (0)1252 383074 Mob: +44 (0)7793 427582
Email: Lindsay.walls@baesystems.com
Kate Watcham, BAE Systems
Tel: +44 (0)1252 383550 Mob: +44 (0)7793420731
email Kate.watcham@baesystems.com
Mark Phillips, BAE Systems
Tel: +44 (0)1252 384840 Mob: +44 (0) 7540 629958
email mark.phillips5@baesystems.com
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