Bae Systems Share Discussion Threads

[standish11] 12/2/2016 16:02

Per CSS Kuwait will sign a deal next week to buy Eurofighter jets, citing the defence minister. Kuwait signed a memorandum of understanding in September to buy 28 Eurofighter jets, the consortium that makes the aircraft said in a deal worth up to $9bn. BAE Systems is one of the partners of the consortium.Kuwait will sign a deal next week to buy Eurofighter jets, citing the defence minister. Kuwait signed a memorandum of understanding in September to buy 28 Eurofighter jets, the consortium that makes the aircraft said in a deal worth up to $9bn. BAE Systems is one of the partners of the consortium.

[babbler] 12/2/2016 13:49

Let's hope results next week do the same to this that rr. Results did to their share price today!

[ribblewader] 09/2/2016 17:14

Nice to see a little climb on a generally bad day otherwise

[minerve] 28/1/2016 12:57

wad collector

Same here, nice, relatively safe income; I think there is a reasonably probability that this will benefit from shareholders leaving other income stocks in search of better protection of income/capital.

[wad collector] 27/1/2016 18:18

Tipped by my wife's broker this week .
They make reassuring noises about the UK defence budget , a secure group of contracts in the pipeline and point out that although Saudi provides 20% of the profits it is now sufficiently diversified that the oil price won't cut its spending (especially with more unrest in the M. East.)

I am happy to hold here. Would take quite a rise to tempt me to sell some.

[manrobert] 26/1/2016 08:38

holding up well so far this morning.i am guessing some big orders coming in soon.any thoughts?

[wad collector] 22/1/2016 14:11

It didn't drop like most of the FTSE to start with!

[manrobert] 21/1/2016 14:42

how much does footsie have to rise to drag this up?

[ribblewader] 12/1/2016 08:32

Well, bounced through £5.30 which is an all time high for me. Onwards and upwards?

[wiltshireram] 08/1/2016 09:25

I agree. And with the global political situation worsening further, this can only be good news for BAE

[wad collector] 08/1/2016 08:56

I do believe we just hit a 8 month high ; rather contrary to most of the market. I am not selling ; suspect this has legs again.

[shamus21] 06/1/2016 20:34

Tips Tips more Tips.

[sweyn] 06/1/2016 15:23

Lots of wars and trouble increasing worldwide never hurts an arms manufacturer....

[scallywagkid] 06/1/2016 10:32

RBC CAPITAL RAISES BAE SYSTEMS TO 'TOP PICK' (OUTPERFORM) - TARGET 630 (570) PENCE

[ribblewader] 14/12/2015 12:08

Minerve, good call. Bought more HSBA.

[bigman] 28/11/2015 22:04

I have taken a bit of profit and will leave the rest to run, can only lose money now if it is circa £3 and don't see that happening.

[ribblewader] 27/11/2015 11:45

Minerve, thanks for the thought. Will certainly look at setting the stop and consider L&G from cashing in other profit.

[minerve] 27/11/2015 10:24

I am up by about 12% on these. I think the move upwards is on solid foundation and because of the income I think everyone - who aren't pure traders - will have a view to holding. The current new commitments and world happenings only support the share, the big unknown is Saudi and their orders, what with the oil price. Also, next year, we hope for a Republican win. World events are causing political shifts to the right but I am not sure Trump is helping the cause. OPEC meeting coming up soon.

[minerve] 27/11/2015 10:18

Ribble

One of the few that you may want to switch to is Legal & General.

The other option is to set a stop loss with a reasonable spread below current trade price. As long as you don't do it on all your portfolio - because of flash crashes - it may be acceptable on a few. If you get stopped out you can always buy back in.

[wad collector] 27/11/2015 10:15

I am only looking to sit on cash looking for weakness here again , but as you point out , good earner.

[wad collector] 26/11/2015 16:21

The trader in me itches to sell a few , but the investor says no .

[losos] 26/11/2015 13:24

Wad - BA. one of my better choices ha ha long may it continue.

[wad collector] 26/11/2015 09:14

Impressive graph this month ; wonder where it will be by yr end?

[ribblewader] 25/11/2015 07:26

BAE, SAIC to Build Marine Troop Carrier Prototypes
25/11/2015 5:17am
Dow Jones News

Bae Systems (PC) (USOTC:BAESY)
Intraday Stock Chart
Today : Wednesday 25 November 2015
By Doug Cameron Science Applications International Corp. and a unit of BAE Systems PLC will compete to design a new amphibious truck for the Marine Corps, a highly prized contract that analysts estimate could ultimately be worth around $1.5 billion.

The Pentagon on Tuesday said the Marines awarded the two companies deals to build prototypes for the long-planned Amphibious Combat Vehicle, which is designed to ferry troops ashore and into battle. One of the companies will be chosen in 2018 to build more than 200 troop carriers to replace Vietnam-era equipment.

The companies beat three rivals in what is expected to be the final big-ticket U.S. defense award of 2015, with Lockheed Martin Corp. failing for the third time this year to break into a new market.

The five-way development contest had been viewed by analysts as wide open, with General Dynamics Corp. and Advanced Defense Vehicle Systems Corp. also fielding entrants.

The decision marks the latest stage in a quest lasting more than 25 years that has included the cancellation of previous projects because of cost and technical problems, and the redesign of what was meant to be a land-only armored carrier for seaborne use to make it more affordable and suited to the Marines' requirements.

The U.K.'s BAE is a longtime supplier of military vehicles while SAIC, in McLean, Va., is better known as a provider of services rather than weapons, though it has deals to support the existing amphibious carriers.

Both partnered with overseas defense companies to offer modified versions of existing vehicles. SAIC proposed a version of the Terrex carrier developed by Singapore Technologies Engineering Ltd. BAE teamed with Italy's Iveco, a unit of CNH Industrial NV.

SAIC and the BAE unit will each build 16 eight-wheeled vehicles for testing, subject to available funding, with the winner expected to deliver the 204 production carriers to the Marines by 2020 at an average cost of $6.5 million apiece. A potential follow-on deal would involve 490 more armored vehicles, though the specifications are likely to be changed by that time.

For Lockheed, the latest loss follows its defeat by Oshkosh Corp. in the pursuit of a $6.75 billion contract to build almost 17,000 new trucks to replace aging Humvees for the Army and Marines, as well as its drubbing by Northrop Grumman Corp. in a larger deal to develop a new long-range bomber. Lockheed has protested both decisions.

......

Wonder if the way LM is managing the F35 programme is having a knock on effect in the US DoD procurement system.........RW

[ribblewader] 23/11/2015 09:05

9 new Posiden MPA, bring F35 forward (no additional a/c) increase capability and extend Typhoon life. Could be good for BAE