BAE forecasts strong year

Defence company BAE Systems said it looked forward to “another year of good growth” after reporting 2007 operating profits of £1.48bn (€1.95bn) today.

Defence company BAE Systems said it looked forward to “another year of good growth” after reporting 2007 operating profits of £1.48bn (€1.95bn) today.

The 22% improvement came after five months trading from US acquisition Armor Holdings – a major manufacturer of military vehicles and body armour – and strong trading across all the company’s business segments.

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