BAE Systems warns over US government shutdown

[mhm]

UK aerospace company BAE Systems has said its US operations could be hit if the government shutdown in Washington turns out to be protracted.

BAE said its financial performance had not been materially affected since the budget dispute began on 1 October.

However, 1,200 of its intelligence, security and support staff have been told not to report for work.

The crisis began after Republicans who control the House of Representatives refused to approve a budget
http://www.bbc.co.uk/news/business-24471491

[viking9]

BAe Systems is a monopoly that has bled the UK government dry for decades, under the threat of loss of jobs. Consequently they have been able to keep MOD orders despite delivering poor products at grossly inflated costs and years behind target.

It would be good for all if it was put out of business.