BAE, Britain Line Up 15-Year Munitions Deal
By Angus Batey . Washington, Tyne and Wear, U.K. .
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A ground-breaking deal between Britain’s Defense Ministry and BAE Systems has provided the financial foundation for the company’s new munitions factory. The £75 million ($120 million) plant is already producing a range of shell casings ahead of the final transfer in June of remaining staff and equipment from the 97-year-old factory at Birtley, 2 mi. away ... |