BAE says Asian, Mideast jet demand to offset Western cuts

Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in U.S. and European spending, Britain's BAE Systems forecast on Tuesday. Europe's largest defence contractor said international markets outside its U.S. and European heartlands would grow to account for around half of turnover at its military air and information unit by 2016, up from around a quarter now.

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