Guided by Mr Mayo, GEC sold its defence arm to British Aerospace and bought internet-equipment firms in America at the height of the telecoms bubble.

在Mayo的指导下，GEC将它用来防御的左膀右臂卖给了英国航空，而且在电信业泡沫最多的时候买了几家位于美国的网络设备公司。

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Which is why 300 people from the British aerospace industry attended a recent seminar at Sheffield University about the research centre.

ECONOMIST: Boeing leaves Seattle and moves to Sheffield��well, sort of

British aerospace company Rolls-Royce is to cut about 320 jobs at its Bristol and Derby plants, according to the workers' union, Unite.

BBC: Rolls-Royce logo

His visit to Egypt was a hastily arranged affair, bolted on to the start of a long-planned commercial tour of Gulf Arab allies and made in the company of a plane-load of British business chiefs, among them the representatives of eight defence and aerospace firms, prompting press headlines at home about Mr Cameron preaching peace in the company of arms-dealers.

ECONOMIST: Bagehot