BAE Systems’ fight with the British government might look like a disaster. But it isn’t. Not only does the defence contractor need to have the row; it might pay dividends in future. That certainly seems to be the verdict of the stock market. BAE’s shares have actually risen by a quarter this year. They are also up by 5% over the past month.
The row concerns a £2.9 billion ($5.3 billion) order for two aircraft carriers.
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