British defence group BAE Systems today reported a 31% rise in annual earnings and said it expected a "further year of good growth" in 2009.

BAE Systems said today it had been chosen to deliver 3,000 trucks to the Australian army in a deal worth up to £650m (€937m).

Defence and engineering group BAE Systems today extended its presence in the US defence sector with the €3.4bn acquisition of Armor Holdings.