BAE Systems
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Asked if the Prime Minister was concerned about the job losses announced by BAE this morning as a result of the Strategic Defence and Security Review (SDSR), the PMS said that at the time of the SDSR we made clear that we had to make some decisions about the resources that were put into defence, and those decisions had to reflect both our assessment of national security and the financial environment we faced. The SDSR implied a significant investment in the defence industry in the next few years.
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