Bae Systems Share Discussion Threads

[ribblewader] 07/7/2020 07:23

Massive section of Dreadnought nuclear submarine moved

The newest section of the first Dreadnought submarine to be built at BAE Systems’ yard in Barrow has been moved, as work on the first of class continues.

[dope007] 06/7/2020 09:07

Sold with a quick profit. No idea if I did the right thing with mkts rallying again

[ribblewader] 05/7/2020 15:30

Europe must take on its own defense responsibilities

As they look at the state of their coronavirus-hit economies and U.S. President Donald Trump’s poor standing in opinion polls, many European leaders may be tempted to put on hold any plans to meet NATO’s target of spending 2 percent of gross domestic product on defense. But Europeans need to wake up. Trump is not a reliable ally, and the damage he has done to the trans-Atlantic partnership is likely to linger.

[ribblewader] 03/7/2020 13:06

Fleet Solid Support Ship project update due in Autumn

In November 2019, the £1.5bn competition to build up to three Fleet Solid Support Ships was suspended, an update is due before the end of this year.

[dope007] 03/7/2020 11:26

Just bought a small amount. Higher than I wanted but will average in over time

[ribblewader] 03/7/2020 08:38

Giving our customers a digital advantage
With the growth in the use of digital design and manufacturing processes, we are at the forefront of delivering ‘in-hand data’ to our engineers through tablets and augmented reality and virtual reality tools. Throughout our manufacturing sites and platforms, we are embracing new ways of working to facilitate novel methods of secure data sharing and collaboration through increased connectivity.

[ribblewader] 02/7/2020 17:02

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 11:49

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 11:44

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 11:39

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 11:37

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 11:34

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 11:24

Any reason for the sharp reversal today?

[ribblewader] 01/7/2020 16:04

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 08:44

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 12:42

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 07:56

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 23:33

30th July CS. should state!

[geckotheglorious] 29/6/2020 23:18

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 08:54

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 12:34

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 18:00

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 11:05

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