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BAE, Britain’s Largest Arms Maker, Posts Record Profits

3-8-2017 < Blacklisted News 63 78 words
 

Britain’s largest defense firm has made $733m in six months, and expects further growth, in results posted weeks after surviving a High Court challenge to its multi-billion-dollar arms deals with Saudi Arabia. BAE Systems lauded the sale of Typhoon jets to Oman and noted its court victory over anti-arms trade campaigners in the results, saying net profits soared 36 percent to £555m ($733m) in the six months to the end of June, compared with £408m a year earlier.

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