Airbus will lead a three-year programme with the government and regional development agencies aimed at strengthening the UK's commercial aerospace industry
Italy's largest aerospace and defence group hailed its acquisition of a leading US military supplier as a 'strategic' deal that would let it market American products around the world
Airbus has told airlines waiting for first deliveries of the A380 superjumbo that there will be yet more delays, as it faces renewed difficulties in bringing the world's biggest commercial jet into series production
China has unveiled a state-owned aircraft manufacturer intended to eventually challenge Boeing and Airbus's control of the global market in large airliners
Mike Turner, chief executive of BAE Systems, is in talks to become chairman of Babcock International, in what would be his first significant role after retiring from the defence company.
The go-ahead to two new aircraft carriers for the Royal Navy will end months of speculation that the flagship programme could be delayed for up to two years
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
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
Dick Olver, BAE's chairman, hopes that Lord Woolf's report will silence some of the company's critics, drive a cultural revolution and help it to leave its past behind