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BAE cuts cost of making Typhoon fighters

Jul. 20, 2015 9:33 AM ETBAE Systems plc (BAESY) StockBAESY, BAESFBy: Yoel Minkoff, SA News Editor
  • Over the past five years, BAE Systems (OTCPK:BAESY) has slashed the cost of producing a Typhoon jet by 20% and slowed the production rate in an attempt to boost export orders for the supersonic fighter.
  • The aerospace giant is campaigning to win new customers, including Kuwait, Saudi Arabia and Malaysia, while Belgium, Denmark and Finland have all made inquiries about the aircraft.

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