Bae Systems plc (BAESF)
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US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips
The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government subsidies for BAE Systems to build chips used in jets and satellites, and for Rocket Lab to build compound semiconductors used in satellites and spacecraft.
BAE Systems poised for growth thanks to defence spending boosts
Shares in BAE Systems PLC (LSE:BA.) remain a strong prospect following a positive trading update and optimistic market conditions, according to a Deutsche Bank note.
BAE Systems Has Strong Government Support For Growth
BAE Systems plc raised FY24 sales guidance to 12-14% and EBIT margin to 12-14%, driven by strong performance across all segments and operational efficiencies. Significant contracts include £25b order intake YTD, with major deals in armored vehicles, aviation radios, and the MBDA JV, boosting future growth. The acquisition of Ball Aerospace enhances BAE's capabilities in space-related missions, with expected synergies and 10% annual sales growth.
BAE Systems to build artillery facility in Sheffield
BAE Systems PLC (LSE:BA.) is to build a new factory in Sheffield making artillery equipment and munitions creating what it said will be fifty highly skilled obs “Our aim is to deliver long-term artillery capabilities for the UK, which will safeguard, sustain and grow a critical, specialised British industrial capability as well as provide important opportunities for exports,” said John Borton, managing director of BAE Systems' Weapons Systems UK business.
BAE succumbs to profit-taking, but still a 'buy', says broker
Panmure Liberum has reiterated its “buy” rating on BAE Systems PLC (LSE:BA.), citing steady demand and robust fundamentals.
UK defence group BAE confident on earnings growth
British defence company BAE Systems said it was confident of meeting annual guidance to grow earnings by 12% to 14% this year as work on its order book for fighter jets, submarines and weapons continues.
BAE Systems fire at nuclear sub facility leaves two hospitalised
A large fire broke out early Wednesday near BAE Systems PLC's (LSE:BA.) facility in Barrow-in-Furness, northwest England, prompting emergency response from local fire crews and police.
Fire reported at BAE's nuclear submarine yard in northwest England; no nuclear risk, police say
A significant fire was reported at BAE Systems' shipyard in Barrow-in-Furnes, northwest England, that builds Britain's new generation of nuclear submarines, police said on Wednesday.
BAE systems to produce additional Bradley Fighting Vehicles for U.S. Army
British defense group BAE Systems said on Thursday the U.S. Army has awarded the company a $440 million contract to produce additional Bradley Fighting Vehicles to replace the ones the government had already sent to Ukraine.
BAE Systems agrees $493mln extension to US Army artillery contract
BAE Systems PLC (LSE:BA.) has secured another US$493 million (£388 million) to supply artillery weapons for the US Army.
BAE Systems ‘fully valued' as growth pinned on long-term contracts
BAE Systems PLC (LSE:BA.) gave a largely expected insight into the fundamental strength of the defence market in interims on Thursday.
BAE Systems ups guidance on resilient defence demand
BAE Systems PLC (LSE:BA.) has lifted guidance and hailed a strong start to the year on the back of continued high demand for defence products.
