Subscribe free to our newsletters via your
. 24/7 Space News .




APPOINTMENTS
BAE Systems names new chief executive
by Staff Writers
London (AFP) June 27, 2008


BAE Systems, the British aerospace company making military equipment, said Friday said its chief operating officer Ian King would replace chief executive Mike Turner from September.

BAE had last year announced that Turner would retire in late 2008 after five years in the post, which has seen him lead the group's expansion into the United States and attempt to fight off allegations of corruption against the company.

"Ian is a highly experienced business leader," BAE chairman Dick Olver said in a statement.

"His performance focus and depth of knowledge of the global defence industry will benefit the continued progression of the successful strategy that has been pursued by the company during the course of Mike Turner's leadership."

King, who will take up his new position on September 1, is currently responsible for 45,000 employees in all of BAE's operations outside the United States. Turner has been chief executive since 2003 and will step down in late August.

Prior to his departure, a legal appeal by the British government against a High Court judgement, which said Britain acted unlawfully by dropping a probe into an arms deal between BAE Systems and Saudi Arabia, will take place in July.

In April, London's High Court overturned a decision by the Serious Fraud Office to ditch the probe into a 1985 deal worth 43 billion pounds to provide fighter jets and other military hardware.

The probe, into alleged bribery and corruption, was abandoned in December 2006.

Explaining the move, then prime minister Tony Blair said pursuing the probe into the Al-Yamamah deal could threaten intelligence links at a key point in the "war on terror."

The US Department of Justice is also probing allegations that illegal payments were made to Saudi officials to help BAE Systems secure the 1980s arms deal.

Meanwhile last year, BAE Systems bought US defence group Armor Holdings in a deal worth 4.5 billion dollars. Under Turner's leadership and following the US-led invasion of Iraq in 2003, the British company has also won a number of contracts from the US government.

.


Related Links
Space Industry Jobs, Careers and Appointments






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





APPOINTMENTS
US army to get its first female four-star general
Washington (AFP) June 23, 2008
A 33-year veteran of the US military, Lieutenant General Ann Dunwoody, on Monday became the first woman to be nominated to the highest rank in the US Army, four-star general. "This is an historic occasion for the Department of Defense and I am proud to nominate Lt Gen Ann Dunwoody for a fourth star," Defense Secretary Robert Gates said in a statement. Dunwoody's nomination has to be ... read more


APPOINTMENTS
Looking For Early Earth...On The Moon

Moon-Bound NASA Spacecraft Passes Major Preflight Tests

Northrop Grumman Completes LCROSS Thermal Vacuum Testing

NASA Study Provides Next Step To Establishing Lunar Outpost

APPOINTMENTS
NASA's Phoenix Mars Lander Puts Soil In Chemistry Lab

Phoenix Returns Treasure Trove For Science

Martian Soil Good Enough For Asparagus

Game of two halves: Scientists solve Martian riddle

APPOINTMENTS
Launch pad repairs priced at $2.7 million

Aldrin warns US risks falling behind in space race

NASA Awards Information Management And Communications Support Contract

Fly Your Thesis - An Astronaut Experience

APPOINTMENTS
A Better Focus On Shenzhou

Gallup Poll Shows Americans Unconcerned About China Space Program

Chinese company develops 'UFO': report

China manned space flight set for October: state media

APPOINTMENTS
Discovery undocks from ISS

Shuttle astronauts bid farewell to space station crew

Shuttle Astronauts Bid Farewell To Space Station Crew

Astronauts test Japanese robotic arm

APPOINTMENTS
Successful Ariane 5 Solid Rocket Booster Test Firing

CU-Boulder Students Set To Launch Student Rocket Payloads June 27

ProtoStar I And BADR-6 Are Ready For Next Ariane 5 Launch

Kourou Spaceport Receives Fifth Ariane 5 For 2008

APPOINTMENTS
Chemical Clues Point To Dusty Origin For Earth-Like Planets

Astronomers discover clutch of 'super-Earths'

Vanderbilt Astronomers Getting Into Planet-Finding Game

NASA Selects MIT-Led Team To Develop Planet-Searching Satellite

APPOINTMENTS
Russian-US Launch Firm To Put Satellite In Orbit In August

BAE Computers To Manage Data Processing For Satellite Missions

Space Radar To Improve Mining Safety

'Spore' computer game aliens coming to virtual life




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement