Bae Systems Share Discussion Threads

[ribblewader] 11/11/2020 08:29

The Company has provided the following update to the market.



Header updated

[rimau1] 11/11/2020 08:15

Excellent update and very cheap, 10x earnings and circa 4.5% dividend not bad for a growth stock. I bought on the bell this morning at £4.63 for a long term hold, i previously held Chemring which imo is fully valued now, much prefer this old dog for 2021!

[dope007] 10/11/2020 20:39

Good for BAE

[ribblewader] 09/11/2020 14:01

BAE Systems awarded £6.4m Brimstone missile contract

BAE Systems has been awarded a £6.4 million contract by MBDA to design and manufacture elements of the Brimstone missile system used by the Royal Air Force.

[ribblewader] 09/11/2020 08:31

New collaboration will accelerate the pace of advanced sensing technology development in the UK

Advanced sensing technologies which have the potential to benefit aspects of everyday life will be developed as part of a new collaboration between BAE Systems and the University of Birmingham.

[hardm] 07/11/2020 20:53

The Germany, Spain and hopefully Saudi typhoon deals will keep us going for years to come.

Anybody heard anything on Germany lifting their ban on Saudi arms deals as the current ban expires in Dec'20?

[carpingtris] 07/11/2020 20:32

Hasn't the UK government just signed a trade deal with Japan.. and this week news that BAE assisting Japanese MOD with design of new fighters?? More than just Europe to sell too..

[bookbroker] 07/11/2020 20:15

I don’t think that the PESCO agreement is that consequential for BAe., the Typhoon programme is almost at an end with the Tempest programme now the focus. Most of their business is UK, US and Australasia, rather than the EU.

[hardm] 07/11/2020 18:38

Thanks Yogi. In terms of profits from this, wouldn't we expect to see 33%, representative of the BAE share?

I suppose we'll find out on the 12th what has been budgeted. All good news though with more to come in 2021 when Germany confirm the remainder too 😀

[yogi] 07/11/2020 18:03

RW - Eurofighter GMBH and Panavia are both European consortiums in which BAE has shareholdings and are based in Europe as well as MBDA. Not sure on impacts though of aforementioned PESCO framework.

Hardm - the contract for the 38 a/c will be between Netma and Eurofighter. The confusion re Airbus is because Airbus will assemble the aircraft in Germany and so get most value from the deal.

[hardm] 07/11/2020 17:43

Why are news articles stating 38 typhoons ordered from Arbus rather than from the consortium which includes BAE?

[bookbroker] 07/11/2020 14:53

Then maybe they should be considering a corporate tie-up, they have strong businesses within the US and Australia, now is the time to think about M and A.

[ribblewader] 07/11/2020 11:32

bookbroker. The only "subsidiary" I can think of is MBDA (missiles and systems). A joint venture of the 3 European leaders in aerospace and defence: Airbus (37.5%), BAE Systems (37.5%) and Leonardo (25%).
With Typhoon reaching the end of its order book the only authority BAE will retain will be DA & EA (Design Authority and Engineering Authority) but these only apply to those componants produced by the UK.

[bookbroker] 06/11/2020 17:34

Does BAe not have subsidiaries through which they will avoid these restrictions, likewise their partnerships in defence programmes with leading corporations within Bloc nations should exempt them from any restrictions, after the Eurofighter is a joint programme between many Bloc nations.

[ribblewader] 06/11/2020 16:53

This could be a problem, post Brexit.....



COLOGNE, Germany – European Union officials in Brussels are setting up a labyrinth of rules for non-bloc countries and their companies to join defense-cooperation projects under the PESCO framework.

......Notable, the agreement sets out different rules for countries and defense companies, dubbed “entities” in the text, to partake in EU projects.

According to the German defense ministry, third-party states can strive to play a role “as of today.” Individual companies vying for contracts stemming from their governments' participation must wait until 2026, the agreement text states.....

[squidsgone] 06/11/2020 15:55

Pushed by Trumps NATO GDP demands though - might change tomorrow, although doubt it, Germany needs a stronger Luftwaffe. Likely mixed fleet aspirations

[shalder] 06/11/2020 13:35

Looks like the expected order from Germany for 38 additional Eurofighters is moving forward, if my French is still operational!

[ribblewader] 06/11/2020 13:27

New collaboration will accelerate the pace of advanced sensing technology development in the UK

Advanced sensing technologies which have the potential to benefit aspects of everyday life will be developed as part of a new collaboration between BAE Systems and the University of Birmingham.

[ribblewader] 06/11/2020 07:57

Modern aerospace and defense facility development project in Cedar Rapids
BAE Systems is investing more than $100 million to build a state-of-the-art facility in Cedar Rapids, Iowa.

[ribblewader] 05/11/2020 12:12

Thanks Dope, also just released.......

BAE Systems outlines support proposal to Japan’s F-X fighter programme

BAE Systems has responded to a Request for Information (RFI) from the Japanese Ministry of Defence (JMOD), proposing a package of integration support to Japan’s F-X next generation fighter development programme.

[malvernwaters] 05/11/2020 08:52

£5 would be good for me

[ribblewader] 04/11/2020 12:05

Over the £5 mark by year end will do me

[carpingtris] 04/11/2020 10:13

Anything above 480p would keep me content!