Word: bae
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...Europe's biggest weapons maker, BAE Systems is used to mounting a defense. But the British firm may soon face its toughest fight yet. Britain's Serious Fraud Office (SFO) said Thursday it plans to prosecute BAE over allegations - consistently denied by the company - that the company paid millions of dollars in bribes to land lucrative business from countries in Africa and Eastern Europe. The agency will soon ask Britain's Attorney General for permission to start legal proceedings, it said in a short statement. BAE, for its part, would "deal with any issues raised in those proceedings...
...White House, it's the Pentagon. Indeed, the impact of the British military's call in February was immediately recognizable: one day after the publication of the "Defense Technology Plan," the august think tank the Royal United Services Institute held a conference in London, sponsored by defense giant BAE Systems, called "Alternative Energy and Sustainability for the Military." Representatives from Lockheed Martin, BAE Systems and various academic institutions were in attendance. "Look, we can be agnostic about the politics of climate change," MOD science director Stein said before the meeting. "But there are operational reasons why we need these...
...asked the fund to dump 27 holdings in which it had invested a total of over $2 billion. The vast majority got the boot for their role in producing weapons that the fund views as particularly inhumane; in 2005, for instance, it sold off stakes in Britain's BAE and Boeing for their part in the manufacture of nuclear weapons. The remaining firms put the fund at risk of contributing to serious breaches of human rights, or severe environmental damage. Citing "systematic" violations of human and labor rights in its business and its supplier chain, the Ministry excluded Wal-Mart...
...harbor police. To ferret out the fakers, ships could send robot snoops like the Sentry, a jet ski-sized remote-controlled scout also developed by QinetiQ. For those who want to send out a stronger deterrent message, there's the "Protector," a 30-foot unmanned surface vessel developed by BAE Systems, Lockheed Martin and an Israeli defence firm. In its military configuration, the Protector is equipped with a 7.62mm remote-controlled machine gun, enough to give most pirates pause. It could be used for commercial protection to investigate and intercept boats up to 10 miles away...
...When both the Attorney General and the SFO's Wardle resisted BAE's request for lenience, the Saudis turned up the heat. In 2006, the judgment states, Prince Bandar bin Sultan, the former Saudi Ambassador to Washington, warned Jonathan Powell, Tony Blair's then-chief of staff, to shelve the investigation. Failure to do so, the Prince threatened, would weaken intelligence cooperation and wreck a $40 billion deal for BAE to supply Eurofighter Typhoon jets to the Saudis. Soon after government ministers made Wardle aware of the threat, the SFO's boss agreed to drop the case. "The Director...