Britain
| BAE Systems
Changing places
Britain's national defence champion may soon be American
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THE divorce has been so long in the making that few eyebrows were raised when Lord Drayson, the defence-procurement minister, said he was “relaxed” at the prospect of BAE Systems, Britain's biggest defence contractor, leaving the country. More important than who owns BAE, Lord Drayson told the Financial Times in an interview published on October 23rd, is where the company's skills and intellectual property reside.
This article appeared in the Britain section of the print edition under the headline "Changing places"
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