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BAE Systems to Sell Hawk Jet Trainers to India.
Knight Ridder/Tribune Business News, September, 2003
Daily Mail, London Knight Ridder/Tribune Business News
Sep. 4--Defence giant BAE Systems pulled off a UKpound 800 million-plus deal to sell 66 of its Hawk jet trainers to India after almost 20 years of talks. The deal is also a boost for Rolls-Royce.
BAE -- which first opened negotiations in the late 1980s -- said the contract, and another to sell 20 jets to the Ministry of Defence, will safeguard 2,200 jobs at its Brough plant on Humberside.
Last year, 450 workers were put on notice that they would be axed if no more orders were forthcoming.
The deal also extends the life of the last solely UK-manufactured aircraft.
BAE will build 24 complete planes in the UK. The bulk of the work on the remainder will be completed in...
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