Department of Defence relations seen as critical to strength of combined group but US lobbyists reluctant to allow foreign stakeholders access to sensitive military business.

Planned $45bn tie-up would create global aerospace and defence giant but raise significant anti-trust and security concerns.

Hackers are reportedly trying to infiltrate South Korea's information system and steal military secrets.

The British defence group signs bumper deal with Saudi Arabia, which includes jets and related support and services

It's not official just yet, but according to the Reuters news agency, British defence giants BAE Systems has signed a £1.9bn deal to supply trainer jets to Saudi Arabia.

Teampoison hacks into Nato website of Croatia in protest against West's 'adventurism' in other countries.

The top 10 manufacturers from the global arms industry made a consolidated $230 billion or 56 per cent of total arms sales in 2010.

After one resignation over moral concerns about a London 2012 sponsor, IBTimes UK looks at who else is giving cash.

The iconic jets could soon be built outside the UK as BAE Systems is scrapping its manufacture.

Defence company BAE has finally confirmed its plans to cut over 3,000 jobs across the UK, with most of the cuts occurring in the military aircraft division.

Defence contractor BAE Systems PLC will formally announce later that it is cutting around 3,000 jobs in the U.K

First surfacing on Friday 23 September 2011 and therefore most likely submerged in the Eurozone crisis and its repercussions, BAE Systems is expected to announce some 3,000 redundancies in the very near future, thereby reducing its military aircraft division to some 11,000 staff. The axe is expected to fall particularly severely at the company's Warton and Brough bases.

Shares in BAE Systems were flat on the FTSE 100 in morning trading after the defence group announced weak growth in revenue and EBITA in the full year 2010.

Shares in BAE Systems were up on the FTSE 100 in afternoon trading ahead of the defence company's full year results, expected tomorrow.

Shares in BAE Systems were down on the FTSE 100 in morning trading after the defence firm made an offer for Irish-based Norkom, which specialises in tackling financial crime.

Shares in BAE Systems were down on the FTSE 100 in morning trading after it emerged that the defence firm will be cutting nearly 1,400 jobs following the Coalition government's Comprehensive Spending Review, announced in October.

Shares in BAE Systems were up on the FTSE 100 in afternoon trading after the defence company downgraded its growth estimate's following the government's Strategic Defence and Security Review, announced earlier this week.

Shares in BAE Systems were down on the FTSE 100 in afternoon trading after the defence giant said that it would be cutting 946 jobs ahead of government cuts resulting from the upcoming defence spending review.

Shares in BAE Systems were up on the FTSE 100 in afternoon trading following the defence company's announcement of its results for the first half ended 30 June.

Shares in British banks were broadly up on the FTSE 100 in morning trading after a string of good company results helped boost investor confidence.

Shares in BAE Systems and Rolls-Royce were down in afternoon trading on the FTSE 100 after the companies signed a £700 million fighter jet deal and ahead of half year results due tomorrow.

Wincanton, a logistics and distribution specialist, hopes to improve after a dismal year saw £20 million operating profit fall to just £3 million.