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. |
Nothing from the company yet, but two in hospital with smoke inhalation. |
Looks like a nasty fire - that’s all we need atm.
Suet |
The Ministry of Defence (MoD) has recently clarified that a £160 million reduction in projected in-year expenditure for the Future Combat Air System (FCAS) and Global Combat Air Programme (GCAP) is not a reflection of scaling back military capability or commitment to the programme.
Responding to parliamentary queries from Conservative MP James Cartlidge, Defence Minister Maria Eagle explained that the underspend results from various factors, including shifts in accounting treatment and early progress on the combat aircraft demonstrator project.
“The reduced in year expenditure is not a result of changes to the military capability being developed by the FCAS/GCAP programme,” Eagle stated. “It is a combination of an accounting treatment change, work on the combat aircraft demonstrator project that was carried out ahead of schedule in the previous financial year and revised plans for the delivery of infrastructure and other programme enablers.” |
Xd 12.4p today
That is less than 1% of the share price ; the consequence of all this unwanted share price growth! |
The Ministry of Defence has confirmed a £1.3 billion allocation for the Future Combat Air System (FCAS) programme in the current financial year, answering a series of questions from Conservative MP James Cartlidge.
In response to a question about whether the £1.3 billion represents the full expected allocation for the FCAS and GCAP this financial year, Defence Minister Luke Pollard clarified that the £1.3 billion of government funding was planned in the previous financial year.
He added:
“The £1.3 billion figure provided on 19 September 2024 accounts for the Government funding for Future Combat Air System/Global Combat Air Programme in the current financial year.”
Cartlidge also asked how much of the £1.3 billion had been planned in previous financial years to be spent this year. Pollard responded that all the funding had been anticipated, stating:
“All of the £1.3 billion of spend this financial year was planned in the last financial year.” |
The UK Government has reinforced its commitment to the Global Combat Air Programme (GCAP), a multinational effort aimed at developing a sixth-generation stealth fighter jet in collaboration with Japan and Italy.
Despite concerns that the Strategic Defence Review (SDR) might delay or deprioritise the programme, Defence Minister Luke Pollard has confirmed that significant progress continues. |
BAE Systems has received a $184 million contract modification to produce an additional 48 Armored Multi-Purpose Vehicles (AMPV) for the U.S. Army. The order is in addition to the existing full-rate production contract.
The AMPV family of vehicles (FoV) replaces the Army's legacy M113s and modernizes the force by providing critical survivability, mobility, on-board power and interoperability upgrades to the Armored Brigade Combat Team. The FoV is currently built in five variants including the General Purpose, Mortar Carrier, Medical Evacuation, Medical Treatment, and Mission Command vehicles. |
Who knows. Germany have moved a step closer to allowing the sale of the EF to Turkiye. |
What's this big drop all about? |
Let’s hope this one works and can eventually stay on patrol |
We've done it before here at barrow.......
:) |
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
