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BAE Systems: questions on both sides of Atlantic

Of BAE Systems’s £18.3 billion in annual revenues last year, nearly half came from the United States
Of BAE Systems’s £18.3 billion in annual revenues last year, nearly half came from the United States

A year ago you might have struggled to predict that Dominic Cummings and Rishi Sunak would be in charge of a defence review that could change Britain’s military objectives for a generation or more.

One of them, the prime minister’s very special adviser, marches to his own tune and his well-publicised tour of the country’s most important military establishments is enough to put the chiefs of staff in a tiz.

The unheralded chancellor of the exchequer, meanwhile, will have little or no money in a few months’ time, when the impact of the Covid-19 economic turmoil begins to tot up. In any event, no one believes that anyone at the Ministry of Defence is in charge of defence policy.

What all this means for