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BAE Systems to Invest $32M on UK Firm for Aerospace Engine Development


Bae systems logo_ExecutiveBizTYSONS CORNER, VA, November 3,  2015 — BAE Systems will put an investment of $31.85 million into the U.K.-based firm Reaction Engines for the development of new aerospace engines under a working partner and supplier partnership, ExecutiveBiz reported Monday.

BAE said Monday the partnership covers the development of the Sabre engine class and a potential acquisition of 20 percent of Reaction Engines’ share capital.

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