BAE Systems Invests in Reaction Engines’ New Aerospace Engine; Nigel Whitehead Comments
BAE Systems Plc has forged a partnership with Reaction Engines to inject $31.85 million into the latter company’s development work for a new class of aerospace engine. BAE said Monday it will purchase 20 percent of Reaction Engines’ share capital and Reaction Engines will have access to BAE’s industrial, technical and capital resources in order to demonstrate […] More