BAE Favorite to Provide Training Planes to U.S., Telegraph Says

BAE Systems Plc (BA/) is the front runner to win a contract valued at 7.1 billion pounds ($11 billion) to provide the U.S. Air Force with training aircraft, the Sunday Telegraph reported, citing unidentified senior BAE executives.

The company may provide 350 aircraft to be in service around 2020, with a decision in 2014, according to the report. BAE’s Hawk plane may be favored because the Air Force does not want a new type of aircraft due to budget constraints, the newspaper said.

To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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