Advertisement
UK markets close in 1 hour 21 minutes
  • FTSE 100

    8,435.89
    +54.54 (+0.65%)
     
  • FTSE 250

    20,668.48
    +137.18 (+0.67%)
     
  • AIM

    789.85
    +6.15 (+0.78%)
     
  • GBP/EUR

    1.1618
    +0.0007 (+0.06%)
     
  • GBP/USD

    1.2531
    +0.0007 (+0.05%)
     
  • Bitcoin GBP

    50,215.12
    +1,233.79 (+2.52%)
     
  • CMC Crypto 200

    1,304.67
    -53.34 (-3.93%)
     
  • S&P 500

    5,230.76
    +16.68 (+0.32%)
     
  • DOW

    39,541.01
    +153.25 (+0.39%)
     
  • CRUDE OIL

    79.75
    +0.49 (+0.62%)
     
  • GOLD FUTURES

    2,374.80
    +34.50 (+1.47%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,768.06
    +81.46 (+0.44%)
     
  • CAC 40

    8,224.93
    +37.28 (+0.46%)
     

BAE Systems will fulfill UK-Saudi contracts after arms export ruling

LONDON, June 20 (Reuters) - Leading British defence firm BAE Systems said on Thursday it would continue to support the government in its agreements it has made with Saudi Arabia following a court ruling that Britain had granted arms export licences unlawfully.

"We continue to support the UK Government in providing equipment, support and training under government to government agreements between the United Kingdom and Saudi Arabia," BAE Systems said in a statement after the ruling, which does not halt exports but means Britain will pause issuing new licences.

"We will assess the result of the UK Government's reconsideration of its decision-making on the basis set out by the court, once it has been made," it said, adding it complied with all relevant export control laws. (Reporting by Alistair Smout, Editing by Paul Sandle)