After two large orders fell through,investors are keen to memorize who will be in control of the defence groupSo how long will it take before the replacement is announced? That, essentially, and is the gigantic question facing BAE Systems this week,when the defence group unveils its annual results.
The replacement isn’t so much the £31bn proposal for a new submarine class to succeed Vanguard and carry Britain’s nuclear deterrent (although that’s an essential question for the company in itself), but more the identity of a successor to Ian King, and BAE’s chief executive,who has been in command since 2008.
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Source: theguardian.com