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BAE vows to clean up

BAE says it will clean up its ethical standards. Dont hold your breath

BAE: The net closes

US authorities have issued a third BAE executive, Alan Garwood, with a subpoena over the Saudi bribery scandal. This one is significant because Garwood also worked for the British Government.

Zeroing in on BAE

The US Department of Justice is putting the heat on BAE Systems for alleged corruption and bribery

Arms trader pledges to be more ethical

After the hammering it's received in the Saudi bribe scandal, BAE Systems is now putting out the line that it will be ethical from now on. Don't hold your breath.

BAE-Saudi appeal

In Britain, the Serious Fraud Office announces that it will appeal against the High Court ruling that said it acted "unlawfully" when it dropped investigations into alleged bribery corruption involving BAE Systems and Sauid Arabia

BAE bribery fallout

Massive implications from the British High ruling overturning the British Government decision to stop investigation into the bribery allegations surrounding BAE Systems and the Saudi Government

Saudi and BAE threats: drop the corruption probe

Secret files show that Saudi Arabia's rulers threatened to make it easier for terrorists to pull off another attack on London if the British Government continued with its corruption investigations into their arms deals.

BAE-Bandar blues

Prince Bandar, the former Saudi ambassador to the US, has been one of the key figures in the BAE-Saudi bribery scandal. Now the heat is on him with a court order freezing some of his US assets, as part of a class-action lawsuit over the bribery allegations.

The BAE makeover

Under investigation for bribing the Saudi Arabians, BAE has launched a big ad campaign to win hearts and minds.

Bribery update

Interesting developments in the two big corporate bribery cases, Siemens and BAE Systems. The heat is on both companies and despite their best efforts, it's not going away.

Court blow for BAE and British Government

Two anti-arms trade groups have won a court battle over last year's decision by the Serious Fraud Office to end its investigations into BAE's Saudi contracts

Watchdogs warn about funds

Two watchdog organizations are trying to get the Appropriations Committee to wipe $59 million worth of earmark requests in the 2008 defense spending bill for BAE and ProLogic. Both companies are under federal investigation. But don t expect any action because both have given campaign contributions.

Monster BAE profits

Who cares about corruption allegations? British defence and aerospace company BAE Systems has reported a higher than expected 19 per cent rise in first half profits, driven largely by its expansion into the US. A little matter of endless war in Iraq and conflict in Afghanistan have also boosted its profits.

BAE faces criminal inquiry in US

Washington sources familiar with the thinking of senior officials at the justice department said yesterday it was "99% certain" that a criminal inquiry would be opened under the Foreign Corrupt Practices Act (FCPA). Such an investigation would have potentially seismic consequences for BAE, which is trying to take over US arms companies and make the Pentagon its biggest customer.

U.S. justice dept launches corruption probe of BAE

Shares in BAE, Europe's biggest military contractor, fell as much as 10 percent in early Tuesday trading on fears the probe could lead to fines, disrupt the group's extensive interests in the United States, and damage its relations with Saudi Arabia.