Sign up to The Irish Times Archive (1859 - 2008)My Account »

Fri 08 Aug 2007BAE Systems posts increases in sales, earningsBAE Systems yesterday shrugged off the impact of corruption allegations, posting sharp increases in first-half sales and earnings, boosted by its US business.Europe's biggest arms manufacturer faces several bribery investigations, including one by the US department of justice (DoJ), which announced in June an investigation into whether its 20-year-old Al-Yamamah arms deal with Saudi Arabia broke anti- corruption laws.