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British Aerospace

British Aerospace has awarded a £11m contract to Balfour Beatty to build an aircraft wings factory in Broughton, Chester.

British Aerospace is to redevelop its Filton site in Bristol with the creation of 125 jobs.

British Aerospace is to create more than 100 jobs at its Broughton aircraft wings factory.

British Aerospace and Daimler-Benz Aerospace are planning to set up a joint holding company early next year, and other companies will be able to join when they are ready in order to create a giant pan-European defence contractor.

British Aerospace has sold Arlington Securities, the developer of business parks, to Prudential Insurance Company of America for £270m.

British Aerospace is looking to recruit more than 100 apprentices at its factory near Chester to cope with a recent rise in orders.

British Aerospace and Daimler-Benz are linking up to acquire Siemens' defence operations for about £420m, a move which will give BAe a role in the Archer consortium that is developing a new communications system for the armed forces.

Arlington Securities, British Aerospace's property company, is planning a 64-acre business park opposite Manchester airport, which is expected to provide 4,000 jobs.

British Aerospace Airbus is to set up a £25m centre for machining aircraft wings at its Broughton plant near Wrexham, creating about 100 jobs.

British Aerospace Australia is to buy the armoured vehicle operation of Shorts for undisclosed terms.

British Aerospace is forming a joint venture with Lagardere Group of France called Matra BAe Dynamics, which will be the biggest missile maker in Europe.

British Aerospace has acquired AWA Defence Industries of Australia for £27.6m.