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Proposed merger of Bae Systems and EADS : Thu Sep 13, 2012 12:54 pm  
This possible merger has potentially enormous ramifications. Do you think it will go ahead? Do think it should?

Is it perhaps an establishment (or maybe just a Franco-German) plot to forcefully relaign the UK with Europe, despite ambivalence towards the EU? What will the US's reaction be? If negative and the UK government allow the merger to go ahead, where could that leave us in a military and strategic sense?

This could prove to be the most important decision / event in terms of national security ever.

Personally, I think it should be blocked.
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Re: Proposed merger of Bae Systems and EADS : Thu Sep 13, 2012 2:53 pm  
Dally wrote:
Personally, I think it should be blocked.


Why?
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Re: Proposed merger of Bae Systems and EADS : Thu Sep 13, 2012 3:08 pm  
We already have an off the shelf weapons system from the Yanks in Trident, only the delivery platform is British and the new carriers are a collaberation with Thales (French outfit). We have regularly bought in weapons systems, Excocet (French) and Ikara (Australian) for our ships, so merging of companies to deliver future systems is inevitable.

We want to play big boys, but don't have the money OR the technology to do so on our own.

A mate of mine worked on the Astute propulsion design and is currently working on the beginnings of the Trident replacement system and he cannot believe we still build our own nukes, rather than get them off the peg from America, which makes sense financially, but not politically.
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Re: Proposed merger of Bae Systems and EADS : Thu Sep 13, 2012 4:12 pm  
rover49 wrote:
We want to play big boys, but don't have the money OR the technology to do so on our own.


That is clearly not true given BAE is already one of the worlds largest defence suppliers.

A mate of mine worked on the Astute propulsion design and is currently working on the beginnings of the Trident replacement system and he cannot believe we still build our own nukes, rather than get them off the peg from America, which makes sense financially, but not politically.


Why would firing your mate (as some US worker would be doing his job instead) make economic sense? If we are going to spend public money on a system like Trident we may as well use it to employ British workers.

In any case defence purchases are always political as well as economic so I don't see the value in that argument. Why do you think the US walked away from an European solution for replacement tanker aircraft when the European plane was judged the better solution?

The problem (if there is one) is what national defence secrets does BAE have knowledge of (protected under the official secrets act) that a foreign company would now get access to?

We have privatised most of the productive side of defence manufacturing in the UK and so it leaves it open to takeovers. I do find it a bit odd that such raw market forces can be let loose on things like this. But then I think having most of our power generation companies being foreign owned isn't a good idea either.
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Re: Proposed merger of Bae Systems and EADS : Thu Sep 13, 2012 4:22 pm  
DaveO wrote:

The problem (if there is one) is what national defence secrets does BAE have knowledge of (protected under the official secrets act) that a foreign company would now get access to?


Not only that but BAe are allowed to sell to the US in the same way as US defence contractors. I think the US will scupper the deal even if the UK government doesn't.
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Re: Proposed merger of Bae Systems and EADS : Fri Sep 14, 2012 7:30 am  
I'm more gutted I sold all my shares in BAE Systems a week ago - Just before they shot up when the news broke of the possible takeover.
Mind you I probably made 80% on them but thats not the point.

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