Bae Systems Share Discussion Threads

[ribblewader] 14/12/2018 14:35

Government ‘hiding behind EU rules’ to offshore shipbuilding contracts say union.

Unions have told Ministers that shipbuilding in Britain could face multiple yard closures in 2019 if they continue to use European regulations to avoid building support vessels in the UK.

[ribblewader] 14/12/2018 13:27

WBecki, The article was posted to UKDJ today.

[wbecki] 14/12/2018 10:55

Old news you'll find...

"Trade tribunal puts frigate program back on track"
Canadian International Trade Tribunal rescinds order stopping the deal after Ottawa calls purchase 'urgent'

CBC News · Posted: Dec 11, 2018 4:14 PM ET

[ribblewader] 14/12/2018 10:40

Wad, I set the favourite flag for mine and dont have that problem. Sometimes though it sets the new post flag but I cannot see that post, mainly on the OXB chat I follow.

Canadian Type 26 Frigate order back on track

[wad collector] 14/12/2018 09:14

Ribble it is on my microscope watch list , been on it for yrs , but now when I go down to the recent history list at the bottom of the page , the BB list seems to have been rearranged and there is an irritating list of those threads by Indianspan and others.
This morning it seems to be rearranging itself by recency again ; yours , having disappeared altogethor is top again. Haven't changed any settings. Same on some shares but not others.

[aussiedonnie] 13/12/2018 17:46

Worth a few quid I think.

[ribblewader] 13/12/2018 16:58

Wad, asking a stupid question I know but, do you have it as a favourite or as part of a watch list?

[wad collector] 13/12/2018 16:13

Don't know why this thread , like several others , has disappeared off the BB list. I accessed it by browser history. SSE similar.

[ribblewader] 13/12/2018 14:54

An interesting article......
The Galileo affair, what should UK do now?

What should be the UK’s response to being shut out of the secure systems of the Galileo satellite constellation?

The prospect of Brexit has presented myriad difficulties, including what to do about the UK’s imminent exclusion from the development of EU’s satellite navigation system, Galileo.

[wad collector] 12/12/2018 23:29

I think we should get together with the Russians , the Chinese and Saudi to develop a new generation fighter. Think of the cost savings.

[squidsgone] 12/12/2018 19:03

bookbroker - the thing is, if the UK allow the capability to disappear from a home grown company, it is gone ie. for both now and the future we would be reliant on the US, when the US might wish to, let's say 'allow assets to be used only where and when it forwards US policy'. That's why.

[bookbroker] 12/12/2018 16:52

Squids - understand your point, but I kinda think it’s crazy that we are trying to develop our own aircraft, incredibly costly and risky, US has latest generation fighters which are acquiring, so why not just purchase from them, far more cost effiecient, although BAe learns a lot the US would never buy planes from us!

[ribblewader] 12/12/2018 16:34

bookbroker.
Have you looked at any of this?

BAE Systems is a global defence, aerospace and security company employing around
83,100 people worldwide. Our wide-ranging products and services cover air,
land and naval forces, as well as advanced electronics, security, information
technology, and support services.



Or this link and select business group of interest


Or about BAE SYSTEMS Inc
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc,
an international defense, aerospace and security company which delivers a full
range of products and services for air, land and naval forces, as well as advanced
electronics, security, information technology solutions and customer support
services.



BAE SYSTEMS is one of the five biggest defence companies

[squidsgone] 12/12/2018 16:09

bookbroker - I doubt the UK MoD would like to rely on it's key defence contractor being American, why do you think they are planning on developing their own next gen aircraft?

There is however, a substantial portion of BAES selling to the Pentagon (BAE Systems Inc), which may be something to consider and attractive to other US Primes.

[vikingwarrier] 12/12/2018 16:07

Whichever company sells the aircraft then they bank the management fees ideally 10% of the order

[bookbroker] 12/12/2018 15:45

Thought it was £5bln., a year or two back a merger between EADS and BaE was considered, too many cross border issues, but an American merger or takeover would be more suitable, however job losses would have to worked out, politically very difficult, but they have a large business over the pond, but why should obstacles be a stumbling block?

[ribblewader] 12/12/2018 15:21

Then its not 100% profit for UK. Its divied up between the partners (not equally but I do not know the ratio!).

[squidsgone] 12/12/2018 14:34

Profit Viking? I think you may be referring to order value

[vikingwarrier] 12/12/2018 14:32

Qatar is 10bn

[squidsgone] 12/12/2018 13:44

so what value do you expect the Qatar contract to contribute then bookbroker? ... and how would a merger add long term shareholder value do you think?

[ribblewader] 12/12/2018 12:16

Who would you suggest bookbroker?

[bookbroker] 12/12/2018 11:48

Way too lowly valued currently with the Qatar contract starting to contribute!

[bookbroker] 12/12/2018 11:48

This company should look towards a merger off some sort, ok maybe the pension deficit slightly off-putting, but higher rates should be off some benefit, but it would be better as a larger entity, despite the national interest!

[minerve] 11/12/2018 12:27

The rally in military stocks comes after media reports said Mr Trump has backed plans to request $750bn from Congress for defence spending for the 2020 fiscal year. - FT

Ref: Monday US markets.

[ribblewader] 11/12/2018 12:21

BAE Systems, wide ranging cybersecurity capabilities. A growing market...

The internet, social media, encryption, cyber crime – the world is changing fast. Technology is rapidly evolving and the task of analysing growing volumes of data is increasingly complex. The job of defending nations, government, critical national infrastructure and citizens is harder than it’s ever been.