Bae Systems Share Discussion Threads

[ribblewader] 02/7/2020 16:02

Australian shipbuilder pushes back against reports of frigate design concerns

Australia is building nine Hunter-class frigates under the AU$35 billion (U.S. $24 billion) Project Sea 5000. The ship is based on BAE Systems’ Global Combat Ship, which is under construction in the U.K. for the Royal Navy as the Type 26 and will also be built in Canada as the Canadian Surface Combatant.

[dope007] 02/7/2020 10:49

I agree. The can has been kicked to ZERO rates and QE forever. The ammo has run out, and current policy will only induce inflation. Any rise in rates creates a wave of defaults. The USA is now $27 trillion in debt and rising fast under Trump.

Tax rises must be coming down the pipe...

Me personally, I own my house, have decent savings and fully funded pension scheme. Thankfully that includes 3 half decent final salary ones!!!!

[bookbroker] 02/7/2020 10:44

The debt mess is here to stay, and likely deteriorate, with it comes even more heightened risk globally. I am not optimistic about the world ahead, in fact I think the cycle of despair is only just starting, as much as I hate to say it!

[dope007] 02/7/2020 10:39

Probably does. I still want to buy in here but still nervous about another mkt sell off. USa valuations are off the charts with FANG taking up 20% of the Spoos, COVID is growing in the USA, and China trade deals seem to be a pipe dream to me

I wonder if we will get another dump to force the FED's hands even more despite their policy causing this debt mess

[bookbroker] 02/7/2020 10:37

The trading statement was pretty good considering the situation, ok Govt deficits have run up, but defence is a pretty key industry, I’d say there is more risk now than ever before, although electronics more pertinent than hardware. US probably at its most vulnerable in many of our lifetimes!

[bookbroker] 02/7/2020 10:34

None, think it is market malaise, I think this company should start looking at joining up with a US giant, much of their business is based over there now, surely it makes some sense.

[dope007] 02/7/2020 10:24

Any reason for the sharp reversal today?

[ribblewader] 01/7/2020 15:04

BAE Systems Delivers First Radiation-Hardened RAD5545® Radios

BAE Systems has delivered its first shipment of next-generation radiation-hardened software defined radios (SDR) enabled by its RAD5545 computer to Lockheed Martin Space. The radios provide spacecraft with the performance, availability, reliability and on-board signals processing capacity needed to support future space missions — from planetary exploration to communications, national security, surveillance, and weather missions.

[ribblewader] 01/7/2020 07:44

End of this month is when we get to see what the Final Div payment for FY2019 is (or IF we get one!). IMV I can see a reduced payment, but not zero. My guess would be a final payment in the 6-8p range.
Its interesting to see payment history from 1999 to present....

[ribblewader] 30/6/2020 11:42

UK keeps Tempest programme on target, despite downturn

Had the coronavirus outbreak not intervened, the nation’s Tempest project would again have grabbed headlines from 20 July at the Farnborough air show – the same location where it was revealed with great fanfare in 2018.

[ribblewader] 30/6/2020 06:56

The F-35 Program Will Cost $1.5 Trillion. Is It Worth It?

The F-35 Lightning II Joint Strike Fighter is estimated to be the most expensive weapons system in human history, based on its projected lifetime cost of $1.5 trillion dollars ($406 billion for the aircraft, the rest in lifetime operating costs)—and that’s before we factor in the endless cost overruns.

[bookbroker] 29/6/2020 22:33

30th July CS. should state!

[geckotheglorious] 29/6/2020 22:18

CS note precis.
CS RP 645p Outperform

Analysts at Credit Suisse reiterated their 'overweight' stance on shares of BAE Systems, highlighting the continuing perception by countries that threat levels remain elevated and in anticipation that the dividend payout would be maintained, even if with a bit of a lag in the case of the latter.

A number of global geopolitical hotspots would continue to drive a "heightened perception of threats" which should limit any downside pressure to the US defence budget, with exports to "a number" of countries feeling exposed to such threats likely to derive support.

Regarding the dividend, the Swiss broker highlights BAE management's recent confirmation that its capital allocation was unchanged and, as a result, its expectation was that the 2019 final dividend would be paid in full alongside the engineer's full-year results on 30 June. Payment of the 2020 interim dividend meanwhile would be postponed until February 2021, they added.

Nonetheless, on the back of the company's second quarter trading update published on 25 June, they reduced their estimate for its earnings per share in 2020 by 5%, forecasting less catch-up in its Electronic Systems and P&US units in the tail end of the year.

Among the main risks to watch out for, Credit Suisse pointed out changes in the outlook for the US defence budget, the exchange rate between the US dollar and the pound, its ability to execute on projects and large export orders.

[northernhills] 29/6/2020 07:54

Can Tempest and FCAS projects both succeed in Europe?


For some, a time of global economic crisis might not feel like the perfect moment for nations to invest huge sums of money to develop a new class of combat aircraft only due to enter use around 2035-2040.

[ribblewader] 28/6/2020 11:34

The MoD Procurement and Project management at its best!

Here’s why Britain is struggling to form a fully effective carrier strike group

In a report released June 25, the National Audit Office pointed to delays in developing the Crowsnest airborne early warning radar and contracting to build the logistics ships destined to support the 65,000-ton carriers as ongoing problems for the Royal Navy. The NAO also raised questions about future funding.

[hardm] 27/6/2020 17:00

In discussions with NATO the Defence Secretary underlined that the UK will continue to meet its 2% GDP defence-spending commitment and our defence budget will grow by at least 0.5% above inflation in each year of this Government.

[ribblewader] 26/6/2020 10:05

Tempest partners on target with year-end business pitch for UK

[ribblewader] 25/6/2020 13:37

BAE Systems advances millimeter wave gallium nitride (GaN) semiconductor technology to support critical next-generation radar, electronic warfare, and communications.

BAE Systems’ FAST Labs™ research and development organization continues to advance millimeter wave gallium nitride (GaN) semiconductor technology to support critical next-generation radar, electronic warfare, and communications. Currently in Phase 3 of a multi-year, cooperative agreement with the Air Force Research Laboratory (AFRL), we continue developing defense-critical GaN technologies and are providing Department of Defense (DoD) suppliers with access to support our warfighters.

[dope007] 25/6/2020 10:14

Yup on defence and geopolitical. However in a mkt dump, everything gets dumped. Wait for that and buy the good stuff that recovers

[bookbroker] 25/6/2020 10:11

Defence even more important as the US looses influence around the world, as for the debt , well that appears to be just a number these days. And if bond holders are prepared to buy a bond with a one hundred year maturity then it seems anything goes.

[ribblewader] 25/6/2020 09:57

The F-35 Lightning II can’t fly in lightning once again

The most widely used variant of the F-35 Joint Strike Fighter is currently unable to fly in thunderstorms after the discovery of damage to one of the systems it uses to protect itself from lightning, its prime contractor Lockheed Martin said Wednesday.

[dope007] 25/6/2020 09:17

FED liquidity may ramp stocks but it doesn't create all the jobs lost in a solvency and demand crisis, which is what we have today. With Trump looking like losing the whitehouse stocks will get a kicking as that's all Trump cares about

[ribblewader] 25/6/2020 09:05

Company update.....