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Defense giant BAE Systems linked to arms deals in countries accused of human rights abuses, report finds - TL;DR CNBC

Defense giant BAE Systems linked to arms deals in countries accused of human rights abuses, report finds

Publishing timestamp: 2024-04-19 12:12:43


Summary

BAE Systems, the U.K.'s largest defense contractor, has established trading relationships with countries accused of human rights abuses. Despite this, the company's sales have surged, with orders exceeding targets in 2023. The report highlights how defense companies like BAE Systems are profiting from the arms trade amid rising global instability.


Sentiment: MIXED

Tickers: BA.-GB

Keywords: foreign policytradedefensebae systems plcbreaking news: politicspoliticsbusinessbusiness newslondon

Source: https://www.cnbc.com/2024/04/19/bae-systems-linked-to-deals-in-countries-accused-of-human-rights-abuses-report.html


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