Hints and tips:
...In 2009 BAE was forced to write down £592m from Armor Holdings after losing two key US contracts and admitting prospects had dimmed....
...After buying United Defense, it purchased Armor Holdings in 2007 for $4.5bn, making it a dominant force in the manufacture of protective ground vehicles....
...In total, the ministry has ordered almost 200 Vectors through its fast-track procurement process designed to move key equipment rapidly to front lines....
...It is doubly significant because DRS is a manufacturer of strategically sensitive electronics equipment....
...Armor specialises in equipment such as body armour and mine-protected vehicles. The Pentagon has been ordering more of this equipment as roadside bombs become more lethal in Iraq and Afghanistan....
...The July 31 takeover of Armor Holdings, a US maker of armoured cars and body protection, is expected further to entrench BAE in that business....
...The group’s expansion in the US made it the seventh largest defence company there even without Armor....
International Edition