Bae Systems Share Discussion Threads

[dope007] 28/5/2021 15:41

Took profit again. Not sure if we see a general pullback next week

[ribblewader] 28/5/2021 13:07

BAE Systems has joined the United Nations' Race to Zero campaign, by signing up to the Business Ambition for 1.5°C.

This commits us to setting science-based targets to align with the aim of the Paris Agreement to limit global warming. Earlier this year, we announced our target to achieve net zero greenhouse gas emissions across our operations by 2030 and across our value chain by 2050.

[northernhills] 28/5/2021 08:04

Looking better!

[ribblewader] 27/5/2021 08:38

Will we hold onto this rise?

[ribblewader] 26/5/2021 13:06

The biennial defence and security event, DSEI, will proceed as planned in September 2021 with a new digital offering running alongside the live exhibition.

Defence and Security Equipment International (DSEI) has confirmed it will take place as originally scheduled from the 14th-17th September at ExCeL London. The decision to proceed follows close consultation and discussion with the UK Government and industry stakeholders.

[northernhills] 26/5/2021 08:15

British ‘Team Tempest’ is itching to enter new fighter design phase this summer
LONDON – Britain’s effort to develop a sixth-generation combat jet is on track, with the concept and assessment phase of the program expected to be signed off by industry and government imminently, according to officials involved in the discussions.

An announcement by the Ministry of Defence on a contract starting the next phase of work on the British-led Tempest future combat air program is expected in the next few weeks, said a BAE Systems spokesman.

[charlie9038] 25/5/2021 17:11

Good for the UK, did my apprenticeship with Bae great company.

[geckotheglorious] 25/5/2021 17:08

Wad.
Israel.
:)

[wad collector] 25/5/2021 12:48

So we better befriend some stable politically acceptable Middle Eastern country so we can borrow their airfields next time we need to attack our foes. Any suggestions?

[ribblewader] 25/5/2021 12:31

Tempest jet project to support 21,000 UK jobs

According to BAE systems, an independent report produced by professional services firm, PwC, has confirmed the economic impact of the Tempest programme will be felt in every region of the UK, supporting an average of 21,000 jobs a year, with 70% of the programme’s value generated in the North West, South West and East of England.

[ribblewader] 24/5/2021 15:04

The Ministry of Defence have confirmed that the new Tempest jet will not be carrier capable and will be a purely land based aircraft.

While many already knew this, there had been little in the way of official confirmation until James Heappey, the Parliamentary Under-Secretary of State for Defence responded to a written Parliamentary question from Tobias Ellwood.



Logical......

[ribblewader] 22/5/2021 12:57

FCAS developers chasing the sweet spot in mix of fighter, drone designs

STUTTGART, Germany — Officials developing the trinational Future Combat Air System (FCAS) program are considering multiple combinations of sixth-generation fighter and remote carrier designs, with the intent to settle on a prototype for each in the next three years.

[hardm] 21/5/2021 17:39

I think it's fair to say that we're all struggling to find reasons why this isn't 650p.

Looking at the 5 year graph, the up/down sequence is now due a major up.

[squidsgone] 21/5/2021 11:35

You are suggesting that BAES have sold forward their US dollars? Not convinced that would be the case, they do a huge amount of business in the US. If not, the outcome of that business is worth less when consolidated to GBP reporting.

[dope007] 21/5/2021 10:37

which is a cyclical effect. I know it is used as a reason for traders to trade in a direction but the effect is cyclical and companies hedge currency effects

[squidsgone] 21/5/2021 10:04

GBP strengthening against USD means reporting profits from US will be lower when consolidated, and US profits are a hefty chunk.

[charlie_324] 21/5/2021 07:58

Teaching artificial intelligence to control navy submarines

[dope007] 20/5/2021 20:31

Lets try again


530p tomorrow I reckon looking at the US mkts tonight

[pander45] 20/5/2021 19:05

If this goes into high 400s I'm in for more.

[charlie9038] 20/5/2021 17:17

Cycles... expect the unexpected, the city boys are probably tied up elsewhere being near the end of the month, but it can drive you nuts, at least we are in so when it happens
GLA

[hardm] 20/5/2021 15:22

True, sorry...having a bad day here!

The FTSE is terrible, it goes down when the Dow does, but doesn't recover when the DOW goes up, thus most FTSE companies suffer.

That said, I still don't understand the stock market reaction to BAE recently. The company is in a better position now than it was when the share price was 650p.

[dope007] 20/5/2021 10:47

XD has already been and gone

[hardm] 20/5/2021 09:30

I give in! I expected 530 today also.

Makes no sense at all. The only thing I can think of is the large investors or funds are waiting until after XD.

[charlie9038] 20/5/2021 09:12

PMSL 2 years away that's some notice, imagine applying for a job & at interview you ask " so when can I start? "

[dope007] 20/5/2021 08:18

Lols. Dare I say BTD this morning as it doesn't make much sense in reality