Home / Business / BAE lands ex-Hussar to conduct naval unit

BAE lands ex-Hussar to conduct naval unit

Sky News has learnt that Andrew Wolstenholme will manage the nautical and land groups at the UK’s biggest counterclaim contractor, where he will have shortcoming for the company’s flagship submarine and naval ships programmes.

Crossrail announced last week that Mr Wolstenholme was leaving to take up an undisclosed role in the private sector.

Insiders pronounced his new role, stating to BAE’s arch executive, Charles Woodburn, would be announced this week.

The news of Mr Wolstenholme’s recruitment will come days after BAE perceived a acquire boost from the signing of a chit of vigilant between the Government and Saudi Arabia for the latter to buy 48 Typhoon aircraft.

That understanding is approaching to safety thousands of British counterclaim jobs, just months after BAE announced that it was close to slicing scarcely 2,000 UK-based posts opposite its business.

Its nautical section includes the Astute category submarines and the Type 26 fight ship, as good as providing services to much of the residue of the Royal Navy’s fleet.

Mr Wolstenholme has run Crossrail, one of Europe’s biggest engineering projects, for 7 years.

His CV includes stints in Hong Kong and the US, as construction executive on the Heathrow Express rail link, and many recently at Balfour Beatty.

He served in the Army for 5 years, primarily in the Royal Engineers and then as an Irish Hussar.

Mr Wolstenholme’s attainment at BAE will come shortly after the company warned that increase this year are approaching to be flat, with its new arch executive focused on improving the company’s cost fortify and competitiveness.

Shares in BAE, which has a marketplace value of about £19bn, have slipped by about 7.5% over the last year, having enjoyed an initial post-Brexit referendum boost.

BAE declined to criticism on Tuesday.

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