Bae Systems Share Discussion Threads

[ribblewader] 15/1/2021 15:25

I think Nobby should go on "The Repair Shop"

[charlie_324] 15/1/2021 09:56

Could do with Mrs Thompson now!

[ribblewader] 14/1/2021 11:09

Looks like Mrs Thompson is on abit of a spending spree ;-)



BAE Systems will lead a two year agreement to bring enhanced maintenance and training services for the UK F-35 fleet.
The F-35 Joint Program Office (JPO) has agreed to a contractual agreement with Lockheed Martin to support operations at RAF Marham, with BAE Systems assigned as the on-site lead for industry. In this role, BAE Systems will lead a 170+ strong industry team to execute the two-year agreement valued at ~$101m (~ £76m) to enhance maintenance, mission planning and training services for the UK’s F-35 Lightning fleet based in Norfolk.

[northernhills] 14/1/2021 11:00

Can someone ask Mrs Thompson to order another one please

[charlie_324] 14/1/2021 09:16

That one F35 order for Mrs Thomson is closely matched by this CV order, no wonder the share price is climbing.....

BAE Systems receives $500 million contract to provide new turret for Netherlands’ CV90s

BAE Systems has signed an extensive mid-life upgrade contract worth more than $500 million with the Dutch Defence Materiel Organization (DMO) for the Royal Netherlands Army’s fleet of 122 CV90s, with an option for an additional 19 vehicles.

[owenski] 14/1/2021 08:51

I notice a Mrs Thomson of Kettering has put a down payment on an F35, birthday present for the husband.

Should help the share price.

[ribblewader] 14/1/2021 08:39

Lockheed, Boeing, BAE Systems join wave of companies pausing political donations

WASHINGTON — The world’s two largest defense companies have joined a growing number of American industrial titans pausing their political donations after Lockheed Martin and Boeing announced Wednesday they would halt contributions following the Jan. 6 attack on the U.S. capitol.

A third major defense contractor, BAE Systems, also announced Wednesday that it was pausing political spending in the U.S.

[northernhills] 13/1/2021 20:03

MoD spending plans 'over-optimistic and inconsistent'
The UK's next decade of defence spending is plagued by "unrealistic" savings and overspending of up to £17.4bn, according to the spending watchdog.

The Ministry of Defence’s (MoD) Equipment Plan for 2020-30 faces its fourth consecutive year of “unaffordable” equipment planning, which has been further exacerbated by its “over-optimistic and inconsistent” cost forecasts, the National Audit Office said.

[geckotheglorious] 13/1/2021 11:11

Continued problems with F35 it seems...

“F-35 stealth jet still has 871 flaws including some "Potentially serious issues"
The Lockheed Martin F-35 stealth fighter jet has 871 software and hardware flaws that could affect combat operations, according to Bloomberg, citing a report from the Pentagon's testing office.
"The F-35 continues to have many flaws. Many of those flaws have already been discovered during the development and testing phase, which ended with 941 flaws in April 2018," Robert Behler, the director of operational testing, said in a new assessment seen by Bloomberg.

The assessment outlines the long list of flaws - down two from 873 that Behler reported last year.

Ten out of the 871 unresolved deficiencies found by Boehler are "potentially serious issues," Bloomberg writes. These "Category 1" issues could endanger the pilot or aircraft safety or diminish combat effectiveness against Chinese or Russian stealth fighters. 

One of the flaws include a "stalled one-month simulation exercise required to certify the plane is combat-ready against the toughest Russian or Chinese threats and thus ready for a decision on full-rate production," said Bloomberg. 

Here are other unresolved glitches of the F-35 program (the partial list via Defense News):
And yes, did we mention ;the F-35's 25 mm Gatling-type rotary cannon has "unacceptable" accuracy of hitting ground targets?

[geckotheglorious] 13/1/2021 11:10

Army receives two robotic combat vehicles that will "revolutionize" combat operations 

American defense firm Pratt Miller tweeted about a week before Christmas that it delivered two Robotic Combat Vehicle-Light unmanned ground vehicle prototypes (RCV-Ls) to the Army. 

[northernhills] 13/1/2021 09:11

UK defence equipment plan ‘remains unaffordable’

[ribblewader] 12/1/2021 14:57

BAE Systems and Vertex Aerospace have signed a nine-year agreement to enhance availability of the U.S. Marine Corps’ AV-8B Harrier II fleet.
The U.S. Department of the Navy awarded Vertex Aerospace LLC the $123 million Contracted Maintenance, Modification, Aircrew, and Related Services (CMMARS) task order in July 2020 to provide aircraft maintenance and Contractor Logistics Support (CLS) services for the U.S. Marine Corps’ AV-8B Harrier fleet.

[ribblewader] 12/1/2021 08:25

British military looks to the ‘Eurotank’ as it weighs its hardware options

LONDON and COLOGNE, Germany — The British Ministry of Defence has opened discussions with France and Germany about signing up as an observer on their next-generation Main Ground Combat System program, according to government and industry officials in the U.K. and Germany.

[ribblewader] 11/1/2021 10:24

Writing for the Defense News Outlook series, in which leaders from across the defence sector give their views on the year ahead, our Chief Executive Charles Woodburn says the defence industry and BAE Systems in particular, has a role to play in 2021 supporting the economic recovery of the countries in which we operate.

[poikka] 10/1/2021 11:55

"But it will still cause Boing problems."

Jumping the gun there, Ribble, if you don't mind me saying so.

[ribblewader] 10/1/2021 10:13

Woah: America Burned $1.5 Trillion on Making the F-35 Stealth Fighter

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.

[ribblewader] 09/1/2021 16:44

ruffj. Yes, as in 737-500. But it will still cause Boing problems. Even with Indonesia having a bit of history regarding servicing matters

[ruffj] 09/1/2021 16:32

Not a MAX, one of the earlier versions without MCAS.

[northernhills] 08/1/2021 19:01

F-35 fighter jet worth £14bn to North West economy
Lancashire’s involvement with the F-35 fighter jet will be worth a colossal £14bn to the North West in the coming years, manufacturer Lockheed Martin has revealed.

[geckotheglorious] 08/1/2021 17:13

Wei Dongxu, a Beijing-based military analyst, told the Global Times that the newly released video featuring an aircraft similar to US' Northrop Grumman B-2 Spirit suggests the plane is likely the H-20.

"This could mean that China has achieved a generation-leaping development in bomber planes and become in possession of a world-class strategic stealth bomber," Dongxu said.

With a range of 5,300 miles and internal weapon bays, which could carry hypersonic missiles, the H-20 would likely have striking capabilities to hit many US bases in the Pacific Ocean.

Courtesy of BofA is a map of US military bases and presence in the Pacific Ocean and, specifically, in proximity to China.




"It looks like the Northrop Grumman B-2 spirit cos they stole the plans to the B-2 spirit!"

[carpingtris] 08/1/2021 15:35

HFEL is looking ok to hold divi. They haven't dipped into reserves as of yet and I believe they even grew the reserves.