BWoS cuts 1,300 jobs
Join Date: Feb 2003
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Unfortunately our home military demand became insufficient for the many manufacturers to feed from so it would have been better after the V bombers, Lightning and Canberra entered service to have encouraged consolidation. It was inevitable that it would happen eventually anyway.
The question for BWoS shareholders must be where do they go from here? The Board seem undecided whether to play in Europe or America and have not exactly grasped the airbus industry with both hands. The company could be a leader in Europe but not in America. If they continue to play in both markets I suspect they will miss long-term opportnities in Europe.
The question for BWoS shareholders must be where do they go from here? The Board seem undecided whether to play in Europe or America and have not exactly grasped the airbus industry with both hands. The company could be a leader in Europe but not in America. If they continue to play in both markets I suspect they will miss long-term opportnities in Europe.
