BAE Systems Likely To Add To Number Of 'Home' Markets - CEO

13th Jul 2010 10:41

LONDON (Dow Jones)--BAE Systems PLC (BA.LN) Chief Executive Ian King Tuesday said the defense giant will likely increase its number of "home" markets. King described the likelihood as absolute. BAE Systems has established operations in international defense markets, including South Africa, Australia and Saudi Arabia. It last year designated India its seventh "home" market. It is "a model that works for us," said King, who identified Latin America and Asia as regions that present possibilities. He didn't offer a time frame. -By Jonathan Buck, Dow Jones Newswires; +44 (0)207 842 9237; [email protected] (END) Dow Jones Newswires July 13, 2010 05:41 ET (09:41 GMT)