Bae Systems Share Discussion Threads

[dahhad] 30/9/2015 20:49

As a matter of interest, is there any timeframe within which Goldman Sachs expects its target to be hit? 600+ seems an optimistic figure in current climate.

[cabreado] 30/9/2015 19:27

Goldman Sachs buy reiteration. Target 611.

[ribblewader] 22/9/2015 11:56

Could be because the divi is useful? Also, this is still as high as its been for a good number of years........

[lateralam] 22/9/2015 11:29

Yeah Ribble, starting to wonder what's going on. Questioning why I'm still holding.

[ribblewader] 18/9/2015 16:46

Without some large contract news I can see this struggle to keep above £4 next week....:-(

[cabreado] 15/9/2015 21:44

This is the first share I ever bought as a private investor. Good returns and dividends so far. I think a new big raise is due soon and 500 is within reach.Good luck all long BA. here...

[ribblewader] 12/9/2015 20:47

Thanks Yogi, it's now been on the evening news

[yogi] 12/9/2015 16:16

Try this RWhttp://www.telegraph.co.uk/finance/newsbysectorIf not working the telegraph has an article in today's finance section online......

[ribblewader] 12/9/2015 12:18

does anyone have a link to the story?

[minerve] 12/9/2015 10:39

A deal hasn't been made yet, but it is getting closer. It is just an MOU but with crossed fingers we should expect to hear of one soon.

[cabreado] 12/9/2015 08:31

The pleasure of switching off for 24 hours and come back to find out a deal has been made on the jets. This should start heading towards 480p

[ribblewader] 05/8/2015 13:31

Type 26 update

By Robert Wall
LONDON--Canada, Australia, and Germany are among potential markets for BAE Systems PLC's (BA.LN) new Type 26 frigate, as the defense company presses ahead with the first supplier contracts to start building the ships for Britain's Royal Navy.
"We are active in the international market," Geoff Searle, BAE Systems Type 26 program director told reporters in London on Wednesday.
Decisions on whether those countries would buy the BAE Systems design may be more than a year away, with the three countries still early in their equipment-decision processes, Mr. Searle said. BAE would provide the design information, though the warships would be built by shipyards in those countries.
Production for the U.K. of the Type 26 frigate--called the Global Combat Ship--is due to start late next year in Glasgow, Scotland, Mr. Searle said. The ship should enter service in early 2020. The Type 26 is principally intended as a submarine-hunting ship, though it could also conduct other roles.
The company on Wednesday announced over 170 million pounds ($265 million) in contracts for the first three Type 26 vessels under a GBP859 million demonstration phase that began earlier this year. The contracts include ship engines from Rolls-Royce Holdings PLC (RR.LN) and electronic equipment from Raytheon Co. (RTN)
The British government still has to award the production contract for its ships, which will require the defense ministry and BAE to agree pricing. Current development efforts are trying to finalize ships costs, Mr. Searle said, though there was "a clear intent" to begin the production phase in April.
The ship, which will replace the Type 23 frigate, is 149 meters in length and displaces 6,000 metric tons, has a range of about 7,000 nautical miles. It can accommodate helicopters and would be equipped with a medium-caliber gun and be able to fire cruise missiles against land targets.
Australia, Canada and Germany are all interested in an anti-submarine warfare design, Mr. Searle said, though other countries have shown interest in a more multi-mission-focused version.
The Australian government this week announced a A$20 billion ($14.7 billion) program of nine frigates, to be built three years earlier than forecast, and 20 offshore combat ships.
BAE Systems is assessing the impact of Canberra's plan on any potential impact to its footprint in Australia. The company's has been looking for greater clarity on Australia's shipbuilding program as it decides the future of its Williamstown shipbuilding facility near Melbourne. The site faces a gap in work.
BAE Systems Australia Acting Chief Executive, Glynn Phillips, said, "the company is keen to receive more details about the Government's plans for the procurement and production of the Future Frigates and Offshore Patrol Vessels."

[fangorn2] 31/7/2015 18:32

Hot off the press....

U.S. Marine Corps Declares the F-35B Operational

[wad collector] 31/7/2015 17:05

Looks like you are not only the Editor on your new BB , but writing the main news stories!

Promising looking end to the week here ; I bought down to about 480 recently then decided I didn't want to put too many eggs in this basket. Time to hold and forget I think.
Also sort of tipped by MF yesterday.

[chickengeorge] 31/7/2015 11:27

Maybe the two who ticked him up could explain about the grwoth areas in the States and Australia?

[chickengeorge] 31/7/2015 11:26

Strange. All I asked was about the growth areas that he claimed were in the States and Australia............ :-)

[fangorn2] 31/7/2015 10:55

Great news.....

Both aircraft carriers will be completed and retained, so decent maintenance contracts going forward now larger than previously budgeted for...

UK Defence Journal ‏@UKDefJournal 1h1 hour ago
@FangornForest1 @mrgeorgeallison @Dave_Gammon @SuzanneEvans1 Both are to enter full service now.


The F35B also will be ready on time, when the aircraft carrier enters service, and all the teething problems the USAF/US marines have had have been ironed out and are no longer an issue.

Will the fighter enter service at same time as aircraft carrier so we dont have the situation of a carrier with no planes.

UK Defence Journal ‏@UKDefJournal 2h2 hours ago
@FangornForest1 @mrgeorgeallison @Dave_Gammon @SuzanneEvans1 Everything has been planed down to the month for integration

Craig ‏@henderson29sq 2h2 hours ago
@FangornForest1 @UKDefJournal @mrgeorgeallison @Dave_Gammon @SuzanneEvans1 As someone with first hand experience of the jet I can say yes.


Last I heard viz F35B problems was back in march'15



No news since then.

Craig ‏@henderson29sq 2h2 hours ago
@FangornForest1 @UKDefJournal Major issues? With respect, I've actually flown it and you have no idea what you're posting links about.

Apparently the problems the US marines are having aren't relevant according to this Pilot and I've no idea what I'm talking about. True - I am reliant on public domain info only so , as a pilot, he'll have first hand experience, but to most people it's the "Same plane though" as the US Marines will be using the F35b off aircraft carriers as we intend to..

Craig ‏@henderson29sq 1h1 hour ago
@FangornForest1 @UKDefJournal F-35B will have no issues operating from QE, vessel designed around them.


All in all great news for BAe shareholders given their exposure to both major procurement projects.

[ribblewader] 31/7/2015 10:12

Chickengeorge, you know i cannot see your ramblings

chickengeorge 29 Jul'15 - 19:44 - 12 of 14 0 0 (Filtered) -

but i see you are determined to deny reality and try to drown out any grown up discussion. You remind me of a previous poster who could not stand not being the centre of attention. Grow up, get a life and perhaps a full time job, you will benefit in the long term.....

[chickengeorge] 30/7/2015 19:42

Real growth areas in the States and Australia???? Really? Tell us about the prospects .... will be interesting.

Back in the real world.......the real growth prospects continue to be in Saudi Arabia and are increasingly in India.

[ribblewader] 29/7/2015 20:19

Half year results tomorrow. Should be interesting, a defence review around the corner, end of Typhoon production in sight, Navy business has a great growth oportunity and, personally I can see Land Systems gaining orders. Then there are the real growth areas in the States and Austrlia......Not forgetting the huge demand for Cyber Security

[chickengeorge] 29/7/2015 19:44

For the couple of posters who aren't halfwits. You are one of the halfwits of course so, for you, reading my posts is optional.

[wad collector] 29/7/2015 17:31

I thought you said there were lots of halfwits! So why are you still posting?