BAE Systems

BAE Systems may move some business overseas

BAE Systems may move some business overseas

BAE Systems, Britain's leading defence equipment manufacturer, has little option but to move some of its expertise overseas to make up for wide cuts in spending in the UK and US.

Analysts believe that BAE shall have to move some of its business to foreign countries if it wants to break into new markets.

Speaking on the topic, a defence analyst said, "They are going to have to do something tangible in return for breaking into new markets and keeping customers and that means shifting more manufacturing abroad."