Bae Systems Share Discussion Threads

[r9505571] 11/9/2020 12:15

From today's Times...The US Navy is spending billions on unmanned systems and recently awarded contracts for the development of 10 large crew less surface vessels over the next 5 years

[northernhills] 09/9/2020 07:48

Thats the best part of 2,000,000,000 bonds being issued!

[charlie_324] 07/9/2020 15:15

BAE to modernise American destroyer in $103.5m contract

BAE Systems has received a $103.5 million contract from the U.S. Navy for the maintenance and modernisation of the Arleigh Burke class destroyer USS Preble.

[ribblewader] 07/9/2020 15:08

Defence review ‘Opportunity to reset UK defence posture’ say Committee

The Defence Committee has published a report titled ‘In Search of Strategy – The 2020 Integrated Review’.

The Defence Committee say that their report underscores the need for strong political leadership and strategic analysis to inform the UK’s future defence posture and urges the Government to include a thorough assessment of the economic, diplomatic and military activities and the internal political dynamics of hostile foreign states, such as Russia and China.

[ribblewader] 05/9/2020 08:14

From Factory To Flying High: This Is How The F-35 Was Born

[ribblewader] 03/9/2020 14:39

A £317m contract to develop the next generation of radar for the Royal Air Force's (RAF) Eurofighter Typhoons will sustain hundreds of jobs and develop technologies for the UK’s Future Combat Air System.
BAE Systems and Leonardo have been awarded a contract to develop the Active Electronically Scanned Array (AESA), the European Common Radar System Mark 2(ECRS Mk2) radar, to a standard ready to be integrated on to RAF Typhoons.

[wad collector] 02/9/2020 11:46

So rumours of the demise of the tank are misplaced. Well it is a bit of a renamed tank with a mortar and other options.
Wouldn't want to stand in front of one to protest.

[ribblewader] 02/9/2020 07:08

First production Armored Multi-Purpose Vehicle ready for delivery to U.S. Army

[ribblewader] 01/9/2020 17:16

Adam, yes they have price increments based on agreed prices at various dates of the contract.

For UK contracts/programs

So a contract to support say Hawk will have an agreed price set on a date at contract start (say 2015) will be paid at that rate +/- five years of economic change in 2020. The increase will be mutually agreed at joint project management level. But this will also include agreed performance targets achieved, or not!

Most MoD support contracts are managed via MoD Abbey Wood, inflation TBH is not that much of an issue and is fairly easy to manage throughout the life of the contract.

Programs (Design, develop, deliver new "things" such as Tempest) are a different matter but still have price escalation built in, generally via government control through Abbey Wood. Budget cuts, via government spending issues is a bigger challenge.

US contracts are generally fixed price, fixed term. Its then up to the company to achieve the aim and deliver the delivery.

[dalep716] 01/9/2020 16:04

I see what you mean, with a graph like that who wouldn't!

[adamb1978] 01/9/2020 15:14

PE now sub 12x for this year if you believe the forecasts. Its starting to get tempting to add more.

Question for those who know the sector well: would BAe typically have price escalation clauses in contracts in case inflation is higher? Conscious that there is a considerable lag between signing a contract and doing the work, so wanted to understand the profit risk to BAe from higher inflation
Thanks

[ribblewader] 01/9/2020 13:14

F-35 program costs are evolving, and these savings matter

[northernhills] 01/9/2020 06:44

An interesting read.

Rival powers jockey for the lead in hypersonic aircraft

[ribblewader] 28/8/2020 12:22

Clearing the path to electric flight

BAE Systems is pairing flight controls with aircraft power management and energy systems to help urban air mobility aircraft take off.

[ribblewader] 27/8/2020 12:02

Dope, not really but IMO a mutual deal is better than none.

[dope007] 27/8/2020 10:30

Yup, you also have any issues surrounding Brexit trade talks,

[ribblewader] 27/8/2020 10:16

Even if the number of F35's bought by the UK fell to zero, BAE would still be involved in the manufacture of them for the rest of the world.

[dope007] 27/8/2020 07:54

Probably, but BAE are into a lot more than just F35s and are involved in the cutting edge stuff replacing them

[shalder] 26/8/2020 18:56

sp might have been influenced today by media scare story that UK order for F35 might be cut back to 70 from the official requirement for 138.

[dope007] 26/8/2020 15:04

Added a few more on this drop back. Cannot see how the US can possibly keep this FANG insanity going without any rotation into undervalued stocks like this

[ribblewader] 25/8/2020 11:34

BAE prepares to roll out new flight-control and energy-management systems

Aerospace and defence giant BAE Systems is the latest firm to throw its considerable technical expertise behind development of products for a potentially lucrative new class of aircraft.

[ribblewader] 24/8/2020 14:56

BAE Systems wins $495 million contract to continue range instrumentation support

BAE Systems wins $495 million contract to continue range instrumentation support
The U.S. Air Force has awarded BAE Systems a $495 million contract to continue to provide a wide range of instrumentation support and sustainment services to military and government agencies for the U.S. and its allies.

[charlie_324] 24/8/2020 12:41

BAE updated web site with Tempest wind tunnel data article

[charlie_324] 23/8/2020 07:08

Tempest windtunnel testing shows design detail

BAE Systems has revealed images of the UK’s Tempest future combat aircraft undergoing windtunnel testing at its Warton site in Lancashire earlier this year.