The Company had provided the following update to the market: Highlights:
Operational and financial performance underpin Group full-year guidance, in line with upgrade at half year Solid order intake sustained, with around £25bn booked year-to-date Integration of the Space & Mission Systems (SMS) business is progressing as planned with sales accelerating in the second half of the year at Group accretive margins Strong visibility in the order backlog and pipeline of incumbent positions supports our long-term growth outlook |
Year end estimate reafirmed |
What is the divea for these my grandson has them and he doesnt know ??? tia jj |
This is not expensive compared to our American cousins - not at all .
Northrop on pe of 33. Axon 200. rtx 37. etc etc |
BAE Systems will collaborate with German military systems specialist ESG Elektroniksystem- und Logistik-GmbH, part of the HENSOLDT Group, to explore ways to combine their technology and experience across the European defence market. The companies have signed a Memorandum of Understanding (MoU) to explore opportunities to work together across a range of areas including training, autonomous platforms and mission systems for multi domain operations.
Both companies already work across a wide range of European defence programmes including Eurofighter Typhoon, Tornado and Future Combat Air Systems.
Tony Gilchrist, Business Development Director BAE Systems Air said: "A collaborative approach is key for the European defence industry and this agreement is another example of where we are exploring opportunities for joint capabilities and technologies which will ensure our security for the future.
"Both BAE Systems and ESG work at the heart of many of the major European programmes and both bring opportunities to push the boundaries of what is possible ensuring we deliver what our customers need to maintain competitive advantage.”
hxxps://www.baesystems.com/en/article/european-defence-specialists-bae-systems-and-esg-to-work-together- |
plus with the US not in Europe NATO will have to restock fast. apologies ..I think that has been said by others already. |
I do declare another ATH. |
I mean that without the US as a policeman around the world - (I agree Trump is NOT keen on war) - Wars will break out because the parties fomenting war know the US will NOT intervene.
I say this with great sadness and hoping that I am wrong. |
5679. Totally agree. |
No not really. Trump is not a war mongering globalist. They rose because he will insist Europe pays its fair share into NATO |
The jump in the share price is due to the market's perception that war may break out just about everywhere post-Trump re-election. |
The UK government has reiterated its commitment to the Tempest programme, a next-generation combat aircraft initiative jointly developed with Japan and Italy under the Global Combat Air Programme (GCAP).
Responding to a question raised in Parliament by Neil Shastri-Hurst, MP for Solihull West and Shirley, about the future of Tempest, Defence Minister Maria Eagle highlighted the importance of the programme for the UK’s strategic defence objectives. |
Anyways. Another cracking day. All time high territory soon if this continues into next week. |
A zillion points up early doors. No doubt orchestrated... |
BAE Systems Technology Solutions & Services Inc., Rockville, Maryland, was awarded a $122,855,398 cost-plus-fixed-fee contract (N00030-25-C-6304) for systems engineering and integration support services and special studies in support of the U.S. Trident II (D5) Strategic Weapon System Program and D5 Life Extension 2 Strategic Systems Programs Alteration. Tasks to be performed include systems engineering and integration, test engineering, data analysis, and safety engineering. Work will be performed in Rockville, Maryland (85.1%); Washington, D.C. (8.7%); League City, Texas (1.7%); and various other locations (less than 1% each, 4.5% total). Work is expected to be completed Sept. 30, 2027. Fiscal 2025 research, development, test and evaluation (Navy) funds in the amount of $1,300,000 and fiscal 2025 weapons procurement (Navy) funds in the amount of $18,253,629 will be obligated at the time of award. No funds will expire at the end of the current fiscal year. This contract is a sole source acquisition pursuant to 10 U.S. Code 2304(c)(1)(4). Strategic Systems Programs, Washington, D.C., is the contracting activity. |
Terrible day for FTSE? Down 0.07%? |
Yup. Weak squid helps BAE. Anyways held up well on a terrible day for the FTSE. |
... and the US profits are worth more in GBP when consolidated. |
Will push all NATO states to pay their own way, MIn 2% |
I thought this was meant to collapse if Trump won... |
Is it the "Trump" lash? |
Bit of a rebound the last couple of days! |
should be good to see a recovery in Boeing interesting write up in wk-end press "sick leave levels alarm German bosses" dad worked on aerospace assembly line ( lockeed martin ) bosses earning millions what about SHARING with skilled workforces ?? massive pay rises are coming creating real inflation, bae have 25bl of orders but............. total waste of money spent on uk defence, starting with N/Subs fleet hundreds of millions spent on refurbs etc but design of QM2 means a gas turbine engine ($5/6ml) acting as a back up power, crossing the atlantic can be replaced lowered down 17 floors via funnel of the largest cruise ships in a few hours built by.........RR (MT30) and GE in the event of replacement, means no loss of revenue, what we should be really building, is the Hydrogen fuel cell submarines as the German U31 (S181 dyor |
Let's hope that is not Putin related. |