BAE have now been fined for their previous contracts with corruption allegations. The fine itself does not seem that heavy. I do buy the idea that it is a company that has now much cleaned up its act and the contracts in question were a long time ago.
Some other interesting facts is that BAE is now our largest manufacturer. This probably says a lot about the state of that sector rather than BAE, but also shows it is a business that is worth keeping - although trading arms is not the most noble of professions. I always think it is probably best the Britain does this, as it is unlikely what is sold will ever work!
Still it was a shame this was all initially covered up under "national interest". It would have been far better to admit the past bad practice rather than withhold on these grounds. As with MP expenses the truth always comes out in the end.
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