BAE Systems is set to open a new artillery production facility in Sheffield, backed by a substantial £25 million investment.
The development, spanning 94,000 sq ft, will bring 50 high-skilled jobs to the area, strengthening the UK’s homegrown artillery capabilities.
The Sheffield site will specialise in the production of the M777 lightweight towed howitzer. This move aligns with the UK government’s ambition to boost and maintain essential defence capabilities within the country.
And |
If Turkey can still buy F35s they can buy Typhoons and likley will. Before Qatar? |
Rather depends on whether Turkey is a friend , a foe, or like most countries, somewhere in between , at this point in time....
Hard to imagine Turkey has its eyes on an expansion West. The traditional cross-roads between East and West it wants to trade in all directions I think. |
LOL
So precious |
From the DT
“ Workers at a British fighter jet factory have warned that production has “essentially stopped” amid fears that the Royal Air Force (RAF) will in future buy US-made aircraft instead.
The BAE Systems plant in Warton, near Preston, was until recently assembling Eurofighter Typhoon jets for Qatar following a £6bn order placed by the country seven years ago.
But with that work now winding up, and no similar orders outstanding, “essentially production has stopped for British-built Typhoon aircraft”, union chiefs have warned. |
hmm
Well, speaking personally I am happy with profits trebling over the last decade. |
Going gangbusters….
Such average margins and such incredibly poor ROCE |
and magically, Russia will disappear into a world of candyfloss and roses that no-one will ever fear again .... traa lee laah.Oh, hang on, that's a Disney film ... |
Ukraine war over soon this is gonna drop hard |
name me another company that is going to make - and I quote from the update. ">£1.5 billion free cash flow" |
strange profit-taking here...
of all the FTSE constituents this is the one that is surely bound to make a fortune near term . |
jumpenjim
Details are in the header |
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. |
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