BAE Systems PLC (LSE:BA.)s was among a handful of FTSE 100 gainers on a bruising day for UK stocks, which saw the blue-chip index drop 144 points, or 1.5%.
BAE Systems PLC (LSE:BA.) said it remains on track to meet its full-year 2025 guidance, underpinned by strong operational and financial performance in the second half and supported by a growing order book.
BAE Systems PLC (LSE:BA.) shares rose 2.5% on the back of a £10 billion deal announced by the UK Ministry of Defence to sell warships to Norway.
Citi's latest note on BAE Systems PLC (LSE:BA.) comes with a small nudge to the target price, but the bigger story is confidence in BAE's ability to keep growing, not just this year but for many years ahead.
BAE Systems PLC (LSE:BA.) is the UK's biggest defence contractor.
BAE Systems delivered strong H1 2025 results, with sales up 11% and profits up 13%, supporting positive momentum into 2026. NATO's increased defense spending and major international contracts position BAE Systems for future growth, especially in air-borne and next-gen defense systems. Despite robust performance, the stock is rated a hold due to fair valuation and a significant 268% YoY decline in free cash flow, raising near-term risks.
BAE Systems PLC (LSE:BA.) upgraded its full-year guidance following a strong financial and operational performance in the first half of the year.
The UK will sell as many as 40 Typhoon jets to Turkey, a deal worth several billion pounds, after Germany dropped its opposition to the sale. Jointly produced by companies including BAE Systems PLC (LSE:BA.
European defence shares were on the back foot on Tuesday but BAE Systems PLC (LSE:BA.) was the least affected as it confirmed that the second tranche of its three-year £1.5 billion share buyback is beginning.
Shares in BAE Systems PLC (LSE:BA.) have already had a strong run, but Deutsche Bank believes there's still fuel in the tank.
BAE Systems PLC (LSE:BA.) shares lagged the rest of the defence sector after a cautious note from Citi about the impact of Donald Trump's 'One Big Beautiful Bill Act'.
Shares in BAE Systems PLC (LSE:BA.) and other London-listed defence companies were unmoved after the European Union reportedly agreed to launch a €150 billion defence funding scheme.