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.

BARROW-IN-FURNESS, England--(BUSINESS WIRE)--The latest Astute class submarine to be built by BAE Systems, HMS Anson, was officially commissioned into the Royal Navy during a ceremony at BAE Systems' site in Barrow-in-Furness, Cumbria, today. At 97 metres long and with a displacement of 7,800 tonnes, the nuclear-powered submarine is the fifth of seven in the Astute class. The Astute submarines are recognised as the most technologically advanced attack submarines ever operated by the Royal Navy.

HMS Anson - The Most Advanced Submarine Ever Built by BAE Systems - Commissioned Into the Royal Navy

FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems, Inc. has named Guy Montminy as its senior vice president for finance, effective Sept. 5, 2022.

BAE Systems, Inc. names Guy Montminy to lead its Finance team

GREENLAWN, N.Y.--(BUSINESS WIRE)--BAE Systems' Combat System Mission Crew Workstation (CSMCW) is now qualified for the P-8A Poseidon Multi-mission Maritime Patrol Aircraft.

BAE Systems' Combat System Mission Crew Workstation qualified for P-8A Poseidon aircraft

BAE Systems (BAESY) will provide production units, spare parts and contractor logistics support for the Cold Weather All-Terrain Vehicle.

BAE Systems (BAESY) Wins a $278M Deal for Combat Vehicle

NORFOLK, Va.--(BUSINESS WIRE)--BAE Systems has received a $107.7 million contract from the U.S. Navy to modernize the guided-missile destroyer USS Ross (DDG 71).

BAE Systems to perform extended work aboard USS Ross

WAYNE, N.J.--(BUSINESS WIRE)--The U.S. Navy has awarded BAE Systems a $42.6 million contract for production of seven Network Tactical Common Data Link (NTCDL) systems.

BAE Systems Enters Production of Network Tactical Common Data Links for the U.S. Navy

FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems' Beowulf has won the U.S. Army's competition for its Cold Weather All-Terrain Vehicle (CATV) programme, and the company has received a $278 million contract for production units, spare parts and contractor logistics support. The win further confirms BAE Systems as the industry leader in the design and production of military all-terrain vehicles for operations in harsh terrains and in the toughest weather conditions. Beowulf is an unarmoured, track

BAE Systems Wins U.S. Army's CATV Competition, Receives $278 Million Contract

BAE Systems' total yield is stepping up to more than 4% per year with dividends and buybacks. Order intake creates huge backstop for the company, but execution in this higher-threat environment is not happening due to supply-chain issues.

BAE Systems: Steps Up Shareholder Payout, Drag On Executing Orders

MERRIMACK, N.H.--(BUSINESS WIRE)--DARPA has awarded BAE Systems' FAST Labs organization a $17.5 million contract for the Generating RF with Photonic Oscillators for Low Noise program.

BAE Systems to Develop Leap-Forward Technology for Next-Generation Radar and Communications Systems

HUNTSVILLE, Ala.--(BUSINESS WIRE)--BAE Systems received a contract from Lockheed Martin to deliver advanced ballistic missile seekers.

BAE Systems to deliver advanced ballistic missile seekers

LONDON--(BUSINESS WIRE)--BAE Systems has released a new report, which looks at challenges faced by high trust organisations of accelerating their digital advantage.

BAE Systems Digital Intelligence Reveals 97% of UK Government, Defence and Aerospace Organisations Face Barriers to Achieving Digital Advantage

NEW YORK--(BUSINESS WIRE)--BAE Systems plc (BA.L) will webcast live a moderated discussion by the Company's Group Finance Director, Brad Greve, at the Jefferies Industrials Conference. Taking place on Tuesday, August 9, 2022, from 1:30 to 1:55 p.m. EST (6.30 to 6.55 p.m. BST), the webcast will be available at Investors - BAE Systems. A replay of the event will be available for two weeks following the presentation. About BAE Systems At BAE Systems, we provide some of the world's most advanced, t

BAE Systems to Participate at Jefferies Industrials Conference

“What is there not to like,” said investment bank Jefferies of the recent interim results statement from BAE Systems PLC (LSE:BA.). In particular, BAE's strong order book stood out for analysts at the US 'shop' as they raised the target price to 960p from 945p, while maintaining their 'buy' rating.

BAE Systems's strong order pipeline results in target price upgrade

LONDON--(BUSINESS WIRE)--BAE Systems plc (LSE:BA.): Half-yearly Report 2022 Results in brief Financial performance measures as defined by the Group1   Financial performance measures derived from IFRS2   Six months ended 30 June 2022 Six months ended 30 June 2021 Year ended 31 December 2021     Six months ended 30 June 2022 Six months ended 30 June 2021 Year ended 31 December 2021 Sales £10,581m £10,035m £21,310m   Revenue £9,739m £9,339m £19,521m Underlying EBIT £1,112m £1,028m £2,205m   Operat

BAE Systems Announces 2022 Half-year Results

British aerospace multinational BAE Systems traded in line with expectations for the past six months, according to interim results posted on Wednesday July 27. Underlying earnings increased by 8.1%, though operating profit and net cash flows saw a 21% year-on-year decline.

BAE Systems' interim results in line with expectations

RADFORD, Va.--(BUSINESS WIRE)--The U.S. Army awarded BAE Systems a contract extension for operations at the Radford Army Ammunition Plant with a ceiling value of up to $1.3 billion.

BAE Systems Awarded Contract Extension for Operations at Radford Army Ammunition Plant

Rolls-Royce Holdings PLC

The Farnborough International Airshow returned at the start of this week after three years, with some of the biggest companies in the aircraft space dropping news. Since its debut in 1948, the show is a trade exhibition for the aerospace and defence industries, and an opportunity for companies like Rolls-Royce and BAE to showcase their latest developments.

Rolls Royce and BAE Systems look to the future at Farnborough

BAE Systems PLC (LSE:BA.) and Italian group Leonardo UK's arm are to collaborate on the development of a future combat air system demonstrator, which the British defence ministry plans to commission by 2027.

BAE Systems and Leonardo to collaborate on future combat air systems

Embraer

Brazilian planemaker Embraer SA said on Tuesday it has signed two memorandums of understanding with BAE Systems PLC to expand their footprint in the global defense market, according to a statement.

Brazil's Embraer agrees on defense partnership with BAE Systems

Britain and Japan are close to merging their next-generation Tempest and F-X fighter jet programmes, with a deal on a new joint project expected by year's end. Japan is seeking a non-US partner for a large military programme for the first time, with Tokyo and London collaborating on something bigger than expected five years ago.

UK and Japan close to merging BAE Systems and Mitsubishi fighter jet programmes - reports

MCLEAN, Va. and HUNTSVILLE, Ala.--(BUSINESS WIRE)--The U.S. Army awarded BAE Systems a $699 million, five-year contract to support High Performance Computing Centers.

BAE Systems wins $699 million contract from U.S. Army to support High Performance Computing Centers

CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--BAE Systems has delivered advanced M-Code GPS receivers for ground-based missions to Germany via the Foreign Military Sales (FMS) process.

BAE Systems Delivers Advanced M-Code GPS Products to Germany

BAE Systems (BAESY) clinches a modification contract to build and deliver the M109A7 and M992A3 vehicles.

BAE Systems (BAESY) Wins $299M Deal to Build Combat Vehicles

FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems' Robotic Technology Demonstrator (RTD) successfully fired laser-guided rockets at multiple ground targets, with a human decision in the loop, during the U.S. Army's tactical scenario at the EDGE 22 exercise at Dugway Proving Ground. This test marked the first time an APKWS laser-guided rocket has ever been fired from a robotic combat vehicle (RCV). The autonomous RTD meets the Army's needs for a RCV medium solution. Multi-mission capable, the RTD

BAE Systems' Robotic Technology Demonstrator strikes ground target with APKWS® laser-guided rocket

FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems' RTD successfully fired laser-guided rockets at multiple ground targets during the U.S. Army's tactical scenario at the EDGE 22 exercise.

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