Financial Times FT.com

BAE to close three sites and cut 500 jobs

By Sylvia Pfeifer and Jeremy Lemer

Published: April 30 2009 11:46 | Last updated: May 1 2009 04:11

BAE Systems, Europe’s biggest defence contractor, added to the gloom surrounding the UK manufacturing sector with the announcement it was closing three sites and cutting 500 jobs .

The proposed cuts, in response to falling orders and less work for the British army, prompted calls from the Prospect defence union for the government to intervene. Prospect said it should stop “dithering” and lay out its defence strategy more clearly.

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