Bae Systems Share Discussion Threads

[ribblewader] 10/6/2020 07:40

Ministry of Defence waste £9 million in ‘fruitless payments’

The Ministry of Defence have spent £9 million on “fruitless payments” between 2016 and 2019, including developing unused software, paying rent on demolished properties and paying contractors to do nothing.

[ribblewader] 09/6/2020 13:22

Fans of the Royal International Air Tattoo will enjoy a weekend of virtual flying displays, interviews and never seen before footage, showcase military aviation in a way viewers will not be able to access elsewhere, as the Royal International Air Tattoo has done for nearly 50 years.

[ribblewader] 09/6/2020 11:05

Coronavirus: Fall Predicted In European Defence Spending

Leading defence analysts have warned the coronavirus pandemic is to cause a significant decrease in European defence spending.
In the medium term, defence spending among European nations is set to fall by almost 20%, according to research by defence and security analysis agency, Janes.
Before the pandemic, it predicted European defence spending would reach $324.4 billion in 2025, however, it now forecasts $270.9 billion.

[geckotheglorious] 09/6/2020 07:48

Old news.

FROM 5th MAY

Republicans move to block 48 US fighter jets being deployed to Britain over Huawei concerns.

Amendment would bar F-35 deployment to countries where Huawei builds 5G network

[ribblewader] 09/6/2020 07:02

UK sticking with Huawei ‘too great a risk’ to US F-35 deployment in UK

American Senator Tom Cotton warned the Defence Select Committee that the UK’s decision to allow Huawei to build aspects of its 5G network “raises too great a risk for us to have that advanced aircraft in any nation with this system”, he said speaking of US F-35 deployments in the UK.

[hardm] 08/6/2020 16:36

I see Credit Suisse agrees, with a target price of 690. Hopefully the share price will now catch up with the actual performance of the business

[ribblewader] 07/6/2020 12:20

US Navy awards BAE contract for communications support

BAE Systems has been awarded a $10.5m contract from the United States Navy to provide engineering and technical services for integrated communications and information systems radio communications on U.S Navy ships.

[hardm] 05/6/2020 19:04

Still under-performing in terms of share price, should be 590 by now based upon the recent upturn in the FTSE and DOW. Not sure why it isn't. Future orders are good, and the business has been less impacted than others. Germany and Italy also about to place large Typhoon orders

[ribblewader] 05/6/2020 09:15

Air pollution is down in cities across the United States, but the relief is only temporary. When more vehicles get back on the road, cities will once again face the challenge of rising greenhouse gases. That means reducing the largest source of emissions: our vehicles.

Cities are aiming for a future with zero emissions and turning to public transportation to get them started. BAE Systems is helping them get there with electric power and propulsion systems for transit buses.

[carter633] 04/6/2020 11:54

https://ukdefencejournal.org.uk/bae-conduct-first-tactical-ground-launch-test-of-apkws-rockets/?no_cache=1

[ribblewader] 03/6/2020 06:43

Lockheed Martin has awarded BAE Systems a contract to provide key autonomy and artificial intelligence capabilities for DARPA’s Squad X program.

[ribblewader] 02/6/2020 13:33

DoD launches F-35A DEAD/SEAD retrofit

The US Department of Defense (DoD) has launched an effort to begin retrofitting a complete destruction/suppression of enemy air defences (DEAD/SEAD) capability onto the Lockheed Martin F-35A Lightning II Joint Strike Fighter (JSF), according to a contract notification posted on 1 June.

[ribblewader] 02/6/2020 09:53

Nice, 24 Typhoon's but will they be new build?

The Italian government is preparing to approve the sale of 6 frigates, twenty naval patrol boats, 24 Eurofighter fighter bombers and 24 M346 trainer planes to Egypt. A “deal of the century” that for Italy does not only have a commercial and industrial value. Among a thousand difficulties, Italy wants to maintain a solid relationship with Egypt .

According to the Italian newspaper La Republica, the Italian government is set up to soon approve the MEGA defense deal with Egypt that includes:

-6 Frigates including 2x confirmed FREMM Bergamini
-24 M-346 trainer jets
-24 Eurofighter Typhoon jets
-20 Falaj II OPV
-1 Military Satellite

[ribblewader] 01/6/2020 16:28

BAE Systems succeeds in first tactical configuration ground-launched test of APKWS® laser-guided rockets

BAE Systems successfully completed test shots of its APKWS® laser-guided rockets from a tactical configuration ground-based weapon system for the first time.

[ribblewader] 01/6/2020 10:14

The European Union’s defense ambitions are still showing signs of life

COLOGNE, Germany — A new budget proposal for the European Union shows that the bloc’s defense plans are back on the table as the continent pushes to revive its economy following the coronavirus crisis.

[ribblewader] 29/5/2020 06:49

British-Spanish naval team gunning for another go at revamped UK carrier-support program

LONDON — Spanish shipbuilder Navantia has formed a joint venture with Northern Ireland’s Harland & Wolff to pitch for an upcoming program to build up to three logistics ships to support the Royal Navy’s new Queen Elizabeth-class aircraft carriers.

[ribblewader] 28/5/2020 15:53

Restart and Recovery: UK Defence Procurement – A Catalyst for Recovery

Collaboration to keep Defence working

Over the past weeks and months UK industry has played its part in the great efforts that have been made by Government, and in particular the Ministry of Defence (MOD), in response to COVID-19. UK industry has been crucial to supporting Defence priorities and the MOD’s support to businesses through practical means such as travel authorities has been a great help.

[ribblewader] 28/5/2020 15:50

Trump seeks new arms deal with Saudi Arabia, says key senator

[ribblewader] 28/5/2020 07:15

Three European air forces approve performance benchmarks for next-gen fighter jet

COLOGNE, Germany — The air forces of Germany, France and Spain have agreed on a set of performance benchmarks to help their governments guide the development of a next-generation fighter jet set to fly in 2040, the German military announced Tuesday in a statement.

[ribblewader] 27/5/2020 11:36

APKWS II to receive guidance section software update

US Naval Air Systems Command (NAVAIR) on 26 May announced that it intends to award BAE Systems Electronic Systems (BAE) a sole-source delivery order to an existing Basic Ordering Agreement to perform a software update to version 4.70 for the WGU-59/B Advanced Precision Kill Weapon System II (APKWS II) 70 mm/2.75 inch rocket guidance section.

[ribblewader] 27/5/2020 07:22

Russia's first prototype stealth bomber 'starts construction' to rival US B-2 fleet
Work on the prototype of the high-tech plane is said to have already commenced - as China also works on its own stealth project.

[ribblewader] 26/5/2020 11:18

BAE Systems awarded £350m contract for UK MOD decision support

BAE Systems has been announced as the preferred supplier for a major new framework contract with the UK Ministry of Defence (MOD).