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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bae Systems Plc | LSE:BA. | London | Ordinary Share | GB0002634946 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -5.00 | -0.38% | 1,315.00 | 1,314.50 | 1,315.50 | 1,330.50 | 1,307.00 | 1,323.50 | 1,675,005 | 10:21:42 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Aircraft | 23.23B | 1.86B | 0.6133 | 21.47 | 39.86B |
From Apr 2019 to Apr 2024
By Ian Walker
BAE Systems PLC (BA.LN) said on Monday that it has been awarded a 2.4 billion-pound ($3.26 billion) contract by the British Ministry of Defense for Royal Navy submarine programs.
The company said it has been granted a GBP1.5 billion contract for the seventh Astute class submarine and a further GBP900 million for the next phase of the Dreadnought submarine program.
BAE said work on the seventh submarine started in 2014, while the fourth, fifth and sixth submarines are also under various stages of construction, having been previously awarded full contracts.
Dreadnought submarines carry the U.K.'s independent nuclear deterrent. They are being delivered by the newly formed Dreadnought Alliance, a joint-management team established between the MoD, BAE Systems and Rolls-Royce Holdings PLC (RR.LN).
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
May 14, 2018 05:56 ET (09:56 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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