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Bad moment fo Bae, the Chairman plans to step down

London, UK - 2002 a year to forget, but 2003 will not be much better

It is not sure one of the happiest moment for Bae System, the most important contractor in the field of the European defense, that has reported a clear fall of the profits in 2002 (approximately the two thirds) and with little margins of resumption for 2003. Therefore, in a company's notice circulated this morning, it is announced the chairman, Richard Evans, will step down from Bae's management...

AVIONEWS - World Aeronautical Press Agency - 40816

AVIONEWS - World Aeronautical Press Agency
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