DefenceTalkBAE Systems will axe 1,775 shipbuilding jobs and close the historic Portsmouth yard in Britain as government austerity hits demand, the British maker of military equipment said on Wednesday. The yard in Portsmouth, on England’s south coast, will be closed in the second half of 2014, but an engineering team will be retained to support […]https://www.defencetalk.com/historic-british-shipyard-shut-as-defence-cuts-bite-49593/