Bae Systems Share Discussion Threads

[ribblewader] 01/12/2022 08:16

BAE Systems announces partners for Optionally Manned Fighting Vehicle design

BAE Systems is teaming with Elbit Systems of America, Curtiss-Wright Corporation, and QinetiQ Inc. on its design for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV).
The companies will work together to produce an innovative, purpose-built, next-generation combat vehicle designed to meet the U.S. Army’s requirements for an agile, lethal, and survivable solution that will help redefine land combat operations and maneuverability in future conflicts. The proposal was submitted to the U.S. Army earlier this month and today, BAE Systems announced details of how the companies are collaborating.

[charlie_324] 30/11/2022 19:44

grahamburn. I was refering to the fact that divvy day gave me 10.4pps into my bank account and then, on top of that the share price rising gives me a further 10pps x number of shares held.

[chiefbrody] 30/11/2022 19:35

What about all the divs being reinvested? Might provide a little bit of support (not that it needs it).

[grahamburn] 30/11/2022 13:57

Charlie. Dividend payment day has no effect whatsover on the day's price behaviour.

It's ex-dividend day that usually has that effect.

[ribblewader] 30/11/2022 08:40

LONDON — The British government’s budget watchdog says a newly published Ministry of Defence ten-year equipment plan is affordable but fails to account for the country’s difficult economic situation.

“While the plan continues to serve a useful purpose in reporting to Parliament on planned expenditure, the volatile external environment means this year’s plan is already out of date,” the National Audit Office said in its report on the 2022-2032 defense spending plans released by the MoD on Tuesday.

[charlie_324] 30/11/2022 08:30

BAE Systems completed additional ground-to-air test firings to prove the effectiveness of 70mm rockets guided by APKWS® guidance kits against Class-2 unmanned aerial systems (UAS) that weigh roughly 25-50 pounds and can travel at speeds exceeding 100 miles per hour.



Nice rise on divvy day!

[ribblewader] 29/11/2022 08:16

10.4p ps paid tomorrow. Hope this stays above £8 today!

[ribblewader] 24/11/2022 10:50

Users of the F-35 huddle in Italy to tout joint maintenance plans

AMENDOLA AIR BASE, Italy — Air force chiefs from around the world who flew into southern Italy this week to discuss getting the best out of their F-35s gathered in front of journalists to watch a mechanic working on an Italian jet.

The scene at Amendola air base would have been unremarkable except the mechanic was from the Dutch air force, and was part of a bid to show how F-35 operators can work on each other’s aircraft to save cash, increase efficiencies and show Moscow how united they are.

[ribblewader] 21/11/2022 12:24

Technical support, simulators and ammunition for the 57mm Mk3 and 40mm Mk4 naval gun systems have been ordered for the five Type 31 General Purpose Frigates.

According to a contract notice, the £65m contract was awarded to BAE Systems Bofors for “Provision of qualified ammunition, gun simulators and associated support for T31 Naval Guns”.

[squidsgone] 17/11/2022 15:44

Agree, then again how could the UK continue to urge NATO partners to get to 2% GDP if they didn’t themselves.

[rimau1] 17/11/2022 12:29

Defence spending to remain at least 2% of GDP with increases over this dependent on the spending review ahead of next years budget. Thats good enough for me.

[ribblewader] 16/11/2022 15:37

I like how these CV90's are selling!

BAE Systems has signed a follow-on contract worth $90 million with the Swedish Defence Materiel Administration (FMV) for two new CV90 variants, which are being added to the Swedish CV90 RENO upgrade program.

The two new variants will be delivered by BAE Systems’ Swedish joint venture HB Utveckling AB, which brings together BAE Systems Hägglunds and Bofors manufacturing capabilities. The new variants are the Forward Maintenance vehicle, which will provide critical frontline support, repair, and recovery for other vehicles, ensuring improved overall combat vehicle availability; and the Combat Engineer variant, which will significantly grow the ability to ensure route clearance and deny enemy forces mission critical mobility. These two new variants will join the Swedish Army’s mechanized formations with deliveries scheduled between 2023 and 2027.

[squidsgone] 16/11/2022 12:26

The Times were attributing the share price drop last week to oil tensions between the US and KSA, potentially impacting BAE’s important KSA market.

[wad collector] 16/11/2022 11:01

Yes that was a strange drop ; good opportunity that I missed.

[ribblewader] 16/11/2022 08:06

Wad, looks like another run to £8!

[wad collector] 15/11/2022 09:12

The TU is a remarkably steady report ; contrast to most other companies TUs atm. I am cursing myself for not adding last week.

[ribblewader] 15/11/2022 08:20

Five more Type 26 Frigates have been ordered by the UK Government, bringing the total number of Type 26 Frigates being built on the Clyde up to eight and the total number of frigates being built in Scotland up to 13.

The Prime Minister is attending the G20 summit in Bali, Indonesia, where he announced that BAE Systems has been awarded a £4.2 billion contract to build five more Type 26 frigates for the Royal Navy, on top of the three already under construction.



And.....

[ribblewader] 14/11/2022 15:50

Scam Alert!

BAE Systems is aware of a suspected online scam involving a company branded sustainability website and associated phishing emails under the subject “BAE Systems Sustainability”. This scam offers various investment opportunities, often via Citibank UK. We advise you not click any links in such emails or provide any data. We are taking steps to resolve the situation.

[shalder] 12/11/2022 11:26

Yes, US market more important for the co than UK, and defence spending there has bipartisan support. Plus, the major UK programs are (should be?) ring fenced, such as the nuclear subs (Astute + SSBN) and Typhoon support + upgrade work.

We get a trading update on Tuesday followed by Budget on Thursay. Should be an interesting week!

[carpingtris] 11/11/2022 17:34

wow big drop today?? -8%! well guess at end of month can reinvest my Divi's a bit cheaper.

Surely if as suggested above about whether UK cuts on defence spending then BAE should be immune to a degree as it's got global reach! and if recent events have taught us anything then having a well equipped military is paramount.

[jdh1602] 11/11/2022 17:16

If only it will actually pan out that way - i'll take it! Hopefully Putin is banished to Siberia, and we all get on with life...

[brain smiley] 11/11/2022 16:59

The Russian army is hopeless;majority of the soldiers don't even want to fight.When Russia eventually gives up -how many Woke European governments will stick to defence increases? That's the danger for defence stocks .