Advanced Engineering 2019

Koenigsegg CCR Breaks the World Speed Record

11 March 2005

The Koenigsegg CCR broke the production road car speed record, achieving a new official top speed of 387.87 km/h at Italy's Nardo Prototipo proving ground.

BAE Systems to Acquire United Defense Industries for 2 Billion (GBP)

11 March 2005

The wholly-owned U.S. subsidiary of BAE Systems plc, BAE Systems North America Inc. has entered into a definitive merger agreement to acquire United Defense Industries, Inc (UDI) for over 2 billion pounds (GBP).