BAE Systems is likely to axe more than 1,000 jobs this week following reducing orders for its flagship fighter jet, the Eurofighter Typhoon.
Sky News reported it has learnt that BAE will announce that many of the job cuts will affect its Warton plant in Preston, Lancashire, with the company's new chief executive, Charles Woodburn, also "trimming" its workforce at other locations.
The Warton job cuts are understood to relate largely to a continued slowdown in production of the Eurofighter Typhoon fighter aircraft, with ongoing uncertainty about the timing of a potentially large order from Saudi Arabia.
Insiders said the number of jobs being axed would number "well over 1,000", although the precise figure was unclear on Monday. BAE employs 34,600 people in the UK, nearly half of its 83,000-strong global workforce.
BAE announced last month that it had secured an order for 24 of the combat aircraft from Qatar, a deal hailed by the Defence Secretary Sir Michael Fallon as "an important moment in our defence relationship and the basis for even closer defence co-operation between our two countries".
However, defence industry sources raised doubts whether Qatar would go ahead with the BAE Systems deal in view of it earlier having inked an agreement with Dassault Systems to purchase 24 Rafale fighter jets. Some termed its agreement with the UK and BAE Systems as ‘weapons purchase diplomacy,’ intended to buy political support at a time when it was facing a blockade by Saudi Arabia, Bahrain and Egypt.
The news will come just three months after Mr Woodburn replaced Ian King as BAE's chief executive, and will reflect some of his initial thinking about the cost base of one of Britain's most important manufacturers, according to insiders.
"We obviously have to review our (Typhoon) production demand very carefully," Mr Woodburn said in August. We are confident that we will win further Typhoon orders, what we can't be confident around is the timing."
Qatar has signed an agreement to buy 24 Eurofighter Typhoon fighter jets from the UK. The cost of the deal has not been released
A Royal Saudi Air Force Typhoon aircraft has reportedly crashed during its combat mission against Houthi fighters over Yemen on Wednesday. The Saudi-led coalition at war in Yemen says the Typhoon warplane crashed into a mountain in Al Wadea district on September 13 killing its pilot identified as Mahna al-Biz, Saba news agency reported
First batch of the BAE Systems Typhoon fighters were received by the Air Force of Oman (RAFO) Wednesday. They were delivered under the auspices of Major General Matar bin Ali Al Obaidani Commander of RAFO, at the Adam Air Base
The first Eurofighter Typhoon and Hawk advanced jet trainer aircraft for the Royal Air Force of Oman (RAFO) has been formally rolled out at BAE Systems facility in Warton, Lancashire. The roll out ceremony was attended by Sayyid Badr bin Saud al Busaidi, the Sultanate of Omans Minister Responsible For Defence Affairs (MRDA) and the Commander of the Royal Air Force of Oman, Air Vice-Marshal Mattar bin Ali bin Mattar Al Obaidani
BAE Systems handed over the last Typhoon fighter jet to the Royal Air Force (RAF) completing its order to the UK air force. BAE Systems handed over the jet as work continues on delivering the capabilities required to ensure Typhoon remains the operationally-effective backbone of the UKs combat air power, a BAE Systems release said yesterday
The UK Royal Air Force (RAF) intends to scrap 16 Eurofighter Typhoons as part of a project to save GBP 800 million (USD1.13 billion) on the running cost of the service's combat aircraft fleet
Eurofighter has started work on first Typhoon aircraft meant for Kuwait Air Force. Following the 2016 signature of the contract to supply 28 Eurofighter Typhoon to the State of Kuwait, Leonardo company and the other Eurofighter partner companies have started the production with several new additions to weapon system, the company said in a statement Wednesday
A Eurofighter crashed near to the Los Llanos air base in Albacete south of Madrid, Spain, as it returned from a military parade killing the pilot. This is the second Eurofighter that has crashed in a month
The United Kingdoms Royal Air Force Typhoon fighter jets conducted eight hour sorties to attack and destroy a weapons cache before conducting a simultaneous strike against four truck bombs. The sorties were conducted on 23 September
BAE Systems announced that it is developing cyber defense capabilities to help aircraft detect and mitigate cyberattacks in real time. The new capabilities — including system analysis, reverse engineering, and intrusion detection — will build upon the companys state-of-the-art threat management solutions and help protect warfighters and aircraft from a variety of cyber threats
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