And BAE is not the only aerospacemanufacturer in Britain feeling the pinch.
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It was also reported to be eyeing bankrupt U.S. aerospacemanufacturer Hawker Beechcraft.
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AlliedSignal, the aerospacemanufacturer, yesterday confirmed it would create 175 jobs at its Waterford plant.
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But it does illustrate the national aerospacemanufacturer's lack of experience in designing and building commercial aircraft.
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Some 175 new jobs for Waterford are to be announced today in an expansion by aerospacemanufacturer AlliedSignal.
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Bahrain will receive the first batch from the American aerospacemanufacturer by the end of 2022, the agency added.
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In 1988 it acquired a stake in Westland, the British helicopter and aerospacemanufacturer, and moved into aerospace technology.
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Rocket Lab is a private American aerospacemanufacturer and small satellite launch service provider with a wholly owned New Zealand subsidiary.
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Spirit, which is a major US aerospacemanufacturer with customers including Boeing, is also buying Bombardier operations in Dallas and Morocco.
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Boeing spokesman Chaz Bickers said the aerospacemanufacturer's tax bills are largely deferred until it starts generating revenue from airplane sales.
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Elon Musk has stirred excitement with futuristic companies such as aerospacemanufacturer SpaceX and Neuralink, which is developing implantable brain-computer interfaces.
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About Barnes Group Inc. Barnes Group Inc. is an industrial and aerospacemanufacturer and service provider, serving a range of end markets and customers.
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The source added that the German leader appeared to have deep concerns over the notion of merging a civil aerospacemanufacturer with a defence group.
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The European aerospacemanufacturer and its US rival, Boeing, have been hit hard by the pandemic, previously announcing swingeing job cuts as they slowed production.
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In January a Fokker evacuation plan at the aerospacemanufacturer put almost a quarter of its workforce, 1,500 people, on protective notice.
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The company's wide production footprint is a legacy of its complex origins as a combination of aerospacemanufacturers.