BAE Systems PLC

BAE Systems Plc engages in the provision of a full range of products and services for air, land, and naval forces, advanced electronics, security, information technology solutions, and support services. It operates through the following segments: Electronic Systems, Cyber and Intelligence, Platforms and Services (US), Air, Maritime, and Headquarters. The Electronic Systems segment is composed of the US and UK-based electronics activities, including electronic warfare systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, next-generation military communications systems and data links, persistent surveillance capabilities, and hybrid electric drive systems. The Cyber and Intelligence segment includes the US-based Intelligence and Security business, and UK-headquartered Applied Intelligence business, and covers the group's cyber security, secure government, and commercial and financial security activities. The Platforms and Services (US) segment manufactures combat vehicles, weapons and munitions, and delivers services and sustainment activities, including ship repair and the management of government-owned munitions facilities. The Air segment deals with UK-based air activities for European and International markets, and US programs, and its businesses in Saudi Arabia and Australia, together with its interest in the European MBDA joint venture. The Maritime segment focuses on the group’s UK-based maritime and land activities. The Headquarters segment includes the group’s head office and UK-based shared services activities, together with its interest in Air Astana. The company was founded in 1953 and is headquartered in London, the United Kingdom.

Ball Corp

Ball is now a pure-play packaging maker after agreeing to sell its aerospace division to BAE Systems for more than $5 billion.

Aluminum-Can Maker Ball Sees Stock Soar on Deal to Sell Space Business

Ball

Ball Corporation (NYSE:BLL) shares jumped more than 5% in Thursday premarket trading after it agreed to sell its aerospace division to BAE Systems PLC (LSE:BA.) for US$5.55 billion in cash.

Ball Corp rallies on $5.55B deal to sell aerospace business to BAE Systems

BAE Systems $5.55 billion swoop for Ball Corp's aerospace business positions the defence manufacturer in a “fast growing segment of the defence market so that it can capitalise on the long term uptick for defence products." That was the view of Shore Capital analyst Jamie Murray who pointed out the acquired business is “well positioned in attractive markets, notably military and civil space, C4ISR, and missile and munitions, of which demand appears exceptionally high now.

BAE's aerospace deal expensive but in a fast growing sector

BAE Systems said Thursday it's buying the aerospace business of Ball Corp for $5.55 billion, bolstering its capabilities in space systems and other defense technologies.

BAE Systems to buy Ball Aerospace for $5.5 billion

FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems plc (“BAE Systems” or the “Company”) announces that it has entered into a definitive Stock Purchase Agreement to acquire the Ball Aerospace business from Ball Corporation for c.$5.55bn in cash, subject to customary closing adjustments. The proposed stock transaction will be treated as an asset purchase for federal tax purposes, with an expected net present value tax benefit of c.$750m making the underlying economic consideration for the business c.

BAE Systems plc – Proposed acquisition of Ball Aerospace

FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems today announced a definitive agreement for the proposed acquisition of Ball Aerospace for approximately $5.55 billion. The Ball Aerospace legacy of achieving advances in national security space architecture, mission-enabling technologies, and scientific discoveries are complementary to BAE Systems' portfolio and culture. The proposed acquisition of Ball Aerospace represents an exceptional opportunity to acquire a high quality, technology-based bus.

BAE Systems Signs Agreement to Acquire Ball Aerospace

BAE Systems PLC (LSE:BA.) has bought Ball Corp's aerospace division for $5.5 billion in a deal it described as “compelling.

BAE Systems buys Ball Corp's aerospace arm for $5.5 billion

British defence group BAE Systems said on Thursday it agreed to buy Ball Aerospace business from Ball Corp for about $5.55 billion in cash.

UK's BAE Systems to buy Ball Aerospace for about $5.55 bln

Technology will reduce the system from the size of a suitcase to the size of a hockey puck MERRIMACK, N.H. , Aug. 16, 2023 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA) has awarded BAE Systems' (LSE: BA) FAST Labs™ research and development organization a $14 million contract for the Massive Cross Correlation (MAX) program.

BAE Systems to develop technology for next-generation sensing, imaging, and communications systems

BAE Systems PLC (LSE:BA.) could receive a boost from another deal relating to its supply of a new class of submarines for the UK and Australia analysts have said.

BAE to get boost from fresh AUKUS submarine deal

BAE Systems BA, +5.55% was a bright spot on a dark day for European stocks after the U.K.'s biggest defense company lifted its earnings forecast as the war in Ukraine helped deliver record orders.

BAE Systems shares near fresh high as order backlog hits record amid defense budget boosts

The chief executive of Britain's biggest military contractor BAE Systems said on Wednesday that the war in Ukraine had made ethically focused investors more open to buying shares in defence companies.

BAE CEO: ESG investors less frosty on defence sector since Ukraine war

BAE Systems PLC (LSE:BA.) raised guidance after a strong first-half, as a record order book reflecting the war in Ukraine underpinned confidence.

BAE ups guidance as record order book provides confidence

Britain's biggest defence company BAE Systems upgraded its guidance for 2023, forecasting annual earnings per share would grow 10-12%, as governments spend more on military equipment due to the uncertain geopolitical environment.

BAE Systems upgrades forecasts on rising military spend

Haleon PLC

Defence contractor BAE Systems PLC (LSE:BA.) reports half-year numbers fresh from winning a host of contracts, including from the UK, Israel and Saudi Arabia.

BAE and Haleon earnings lead the way on Wednesday

Investors in BAE Systems PLC (LSE:BA.), like those of most defence companies, have been enjoying the rise in global tensions and the Russian invasion of Ukraine.

BAE Systems reports results as defence orders stream in from around globe

Gen3 power management technology will deliver clean, efficient, and reliable operation for zero-emission fleet TORONTO and ENDICOTT, N.Y. , July 26, 2023 /PRNewswire/ -- BAE Systems (LSE: BA), a leader in heavy-duty electric propulsion, will supply up to 541 Gen3 electric power and propulsion systems for the Toronto Transit Commission's (TTC) new fleet of battery-electric buses, allowing them to run free of emissions.

BAE Systems to provide electric drive systems for Toronto's newest battery-electric buses

Modernized design provides advanced capabilities to support mission success GREENLAWN, N.Y. , July 25, 2023 /PRNewswire/ -- BAE Systems (LSE: BA) has received a $15 million contract from the U.S. Navy to deliver its next-generation digital interrogator for maritime vessels.

BAE Systems to deliver next-generation digital Identification Friend or Foe interrogator for the U.S. Navy

FALLS CHURCH, Va. , July 24, 2023 /PRNewswire/ -- BAE Systems' (LSE: BA) Combat Mission Systems (CMS) business, which focuses on combat vehicle and weapon systems design and manufacturing for the U.S. military, today published its 2022 Economic Impact Report.

BAE Systems unveils $1.9 billion economic impact of ground vehicle and weapon systems network

BAE Systems is a global company that provides defense, aerospace, and security solutions. Revenue has grown at a CAGR of 2%, although should improve to 4-6% as its order book increases. Margins are attractive and sticky, allowing the business to fund consistent distributions.

BAE Systems: Big Order Book Is The Value Driver

LONDON--(BUSINESS WIRE)--British engineers have successfully completed a stratospheric flight trial of BAE Systems' High Altitude Pseudo Satellite (HAPS) Uncrewed Aerial System (UAS) - PHASA-35. Over a 24-hour period, PHASA-35 soared to more than 66,000 feet, reaching the stratosphere, before landing successfully. The trial, completed last month in New Mexico in the USA, allowed engineers to assess the performance of the experimental solar-electric drone within the outer-reaches of the planet's.

BAE Systems' PHASA-35® Completes First Successful Stratospheric Flight

BAE Systems PLC (LSE:BA.) has agreed to boost the production of artillery shells eightfold in a deal poised to create jobs and see the contractor paid hundreds of millions of pounds.

BAE Systems agrees to boost munition output as UK lifts defence spending

Britain's biggest defense contractor BAE Systems has secured new orders from the UK to boost production of munitions as western governments seek to alleviate a global shortage that is hampering Ukraine's fight against Russia, the Financial Times reported on Monday.

BAE Systems gets UK order to boost output of battlefield munitions -FT

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Bae Systems (BAESY) Stock Undervalued Right Now?

MINNEAPOLIS--(BUSINESS WIRE)--BAE Systems was awarded a $37 million U.S. Department of Defense Ordnance Technology Consortium contract to design the Next Generation Launcher.

News for BAE Systems PLC Stock (BAESY)