In response to a parliamentary question from Rebecca Paul MP (Conservative, Reigate), Maria Eagle, Minister of State for Defence, outlined recent developments in the Future Combat Air System (FCAS), a critical project to deliver the UK’s next-generation fighter aircraft.
Eagle confirmed ongoing progress through the trilateral Global Combat Air Programme (GCAP), a collaboration between the UK, Italy, and Japan. She stated: “The core platform, that will sit at its heart, is being delivered through the Global Combat Air Programme (GCAP). The Prime Minister and his Italian and Japanese counterparts have reiterated their commitment to GCAP.”
Not that its helping the share price at the mo! |
it finally dawns on shareholders that its
unfathomably hard to make money from the insanely
inhospitable reaches of outer space
LAFD "design for disaster" the story of the
Bel Air Conflagration
21/1 get the skilled engineers back where they should be
dyor |
BAE Systems has signed an agreement with Airbus to provide the energy storage system for Airbus’ microhybridization demonstration project for commercial aircraft. The two companies will advance sustainable aviation by maturing and integrating electrification technologies that can reduce aviation’s carbon footprint.
BAE Systems will develop, test, and deliver energy storage packs for electric aircraft in the megawatt power class, offering two hundred-kilowatt-hour energy capacity to enhance energy efficiency and performance. The energy storage system will provide electric propulsion assist to the engine during various phases of flight. |
Good luck with this! |
But which end of the egg should I put to put to my mouth? |
I see many positives for BAE to grow from here:
1/ Since Russian invasion of Ukraine, Europe is NOW aware it MUST strengthen its defenses and should never trust an unpredictable Russia- Thus defense budgets will be priority and will grow for at least the next decade.
2/ As soon as Trump was elected, Europe knows it will be almost alone in terms of defense as Trump will make it pay for any help the US provides.
3/ With China threatening Taiwan on a daily basis, another unstable point is starting to appear in the far east. This means all countries close to Taiwan will strengthen their defenses to avoid being the next victims.
My conlcusion is that even without any war, BAE will definitely prosper.
Regarding its share price, IMO the market will change its mind and sentiments as soon as the next full year results are released on 19 February 2025. |
The share price collapse of late would certainly say otherwise. |
Sadly, I have to agree with you Wad. Happy New Year to you all. |
I don't think that we need to consider that possibility for very long. 2025 will clearly not fit that description. |
...Peace and goodwill to all for 2025
Wouldn't that be bad news for BA.? 🙄 |
Lockheed Martin has been awarded a modification to a previously awarded contract, valued at up to $11.76 billion, for the production and delivery of 145 F-35 aircraft. This contract includes a significant number of F-35 aircraft for international partners, as well as non-U.S. Department of Defense (DOD) programme participants and Foreign Military Sales (FMS) customers.
The contract modification includes the delivery of 48 F-35A aircraft for the U.S. Air Force, 16 F-35B and five F-35C aircraft for the U.S. Marine Corps, and 14 F-35C aircraft for the U.S. Navy.
A total of 39 F-35A and seven F-35B aircraft are allocated for FMS customers. |
Thankyou @rech for the most useful post for weeks - I trust long term you will be rewarded for your confidence.
Agree oversold - as for support who knows ?
Where was the Santa Rally ???? We are going through difficult times with consecutive days of the DOW the worst since the 80's - support at 43000 surely broken - will the FTSE hang on to 8000 ??
Peace and goodwill to all for 2025 |
Morning all, hope this finds you all fit and ready for the Christmas Period and that the New Year brings all that you wish for. All the Best
RW |
@ Informer:
I have enough invested here to buy a house; perhaps you could consider that to be serious money.
TA suggests it's oversold, with recovery to resistance at 1230.
If the wider sell off continues, then next support is at 1120 and thereafter at 1022. |
BAE Systems has been awarded $68 million in contracts to produce an additional 44 Cold Weather All-Terrain Vehicles (CATV) for the U.S. Army.
The order includes a $48 million add-on to the existing full-rate production contract, awarded in August 2022, and a $20 million award for 2025 funding.
“The CATV provides a dynamic combination of mobility and flexibility to the U.S. Army enabling rapid response in all terrains,” said Dean Medland, vice president of Sustainment & International at BAE Systems. “We are proud to support additional CATV production for the U.S. Army and are confident that the vehicle’s go-anywhere ability and modular design will meet their future needs, allowing them to carry out a range of missions from military operations to humanitarian assistance and disaster response.” |
Recently disclosed Freedom of Information documents have shed light on how Scottish Government ministers were briefed about the importance of the UK’s defence work to Scotland ahead of the steel-cutting ceremony for HMS Sheffield, the fifth Type 26 frigate.
The exchanges reveal the government’s emphasis on the significant economic and strategic contributions of the Clyde shipyards to both Scotland and the wider UK, as well as the logistical and political considerations surrounding ministerial attendance. |
I am wondering if any of you Anoraks have any serious money invested in this stock ? The fundamentals are monumental and you could post every day about million dollar signed deals none of which appear to have any bearing on the share price or equity valuation.
Is there anybody out there who can offer a TA point of view - where do you see support for this stock ?? |
Latest flight trials take the British-built PHASA-35 High Altitude Pseudo Satellite (HAPS) a step closer to operations in the stratosphere.
A British-led team of engineers has taken a leap forward in the race to harness the stratosphere for earth observation and communications, completing a new series of test flights of BAE Systems’ High Altitude Pseudo Satellite (HAPS) Uncrewed Aerial System (UAS), PHASA-35®, in quick succession.
During the first flight at Spaceport America® in New Mexico, US, in recent weeks, the solar powered aircraft flew for 24 hours climbing to more than 66,000 feet and cruising in the stratosphere, before successfully landing in a serviceable condition, meaning it was ready to fly again just two days later. |
 The Australian and UK Governments have announced a significant milestone between the Australian Submarine Agency (ASA) and industry partners that will support the delivery of the SSN AUKUS fleet of conventionally armed, nuclear-powered submarines for the Royal Australian Navy.
The ASA, BAE Systems and ASC Pty Ltd have signed a Tasking Statement, a contractual agreement that supports the joint development of build strategy, supply chain management plans and a workforce development strategy.
Stuart Whiley, Chief Executive Officer and Managing Director of ASC, said: “The Tasking Statement is an important step in establishing a sovereign nuclear submarine build capability in Australia. The program is anticipated to generate thousands of highly skilled jobs over its lifetime.
"SSN AUKUS is a multi-national, multi-generational programme through which ASC will invest in developing the critical skills required to build a nuclear submarine fleet in Australia. It’s hard to imagine, but the children at school today will be the ones building our submarine fleet of tomorrow.” |
RW: Agree it's subject to approval but there should be no hurdle for such project.
More contracts signed. |
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