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.

The U.K.'s ministry of defense awarded BAE Systems a £2.4 billion contract on Monday.

BAE Won a Massive New Defense Contract. Why More May Come Soon.

Britain handed a 2.4 billion pound ($3.20 billion)contract to BAE Systems, agreeing a new deal for the country's biggest defence company to keep supplying weapons and equipment to the UK armed forces.

Britain hands BAE Systems £2.4 billion munitions contract

NORFOLK, Va.--(BUSINESS WIRE)--BAE Systems has received a $197.4 million contract from the U.S. Navy to drydock and perform maintenance and modernization work aboard the USS Wasp.

U.S. Navy awards $197 million contract to BAE Systems for USS Wasp modernization

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NORFOLK, Va.--(BUSINESS WIRE)--BAE Systems has received a $76.3 million contract from the U.S. Navy to drydock and perform maintenance and modernization work aboard the USS Stout.

U.S. Navy Awards BAE Systems $76.3 Million Contract for USS Stout's Maintenance

ÖRNSKÖLDSVIK, Sweden--(BUSINESS WIRE)--BAE Systems Hägglunds has received a contract from the Swiss Federal Office for Defense Procurement for the life-extension of the Swiss Army's CV9030.

BAE Systems Awarded Life-Extension Contract for Swiss CV90 Combat Vehicles

GREENLAWN, N.Y.--(BUSINESS WIRE)--BAE Systems has received certification for its Identification Friend-or-Foe (IFF) transponder for the F-22 Raptor from the DoD AIMS program office.

BAE Systems Receives Certification for F-22 Identification Friend-or-Foe Capability

Raytheon Technologies

Raytheon's substantial commercial exposure sees light at the end of the tunnel with the vaccine news, setting off its recent rebound. But Raytheon will still have to deal with slowed investment for a long-time, while defence pure-play BAE Systems' concerns have largely evaporated.

Recent Developments Help Raytheon, But They Help BAE Systems More

MCLEAN, Va.--(BUSINESS WIRE)--BAE Systems is expanding its footprint at the Georgia Cyber Center in Augusta, Ga., by leasing an additional 17,000 square feet of space.

BAE Systems Invests in Expanding Capabilities at the Georgia Cyber Center

MCLEAN, Va.--(BUSINESS WIRE)--BAE Systems will produce and integrate a mission-critical information warfare platform for U.S Navy vessels to help sailors execute their missions.

BAE Systems secures new contracts for production of the U.S Navy's Consolidated Afloat Network Enterprise Services

MCLEAN, Va.--(BUSINESS WIRE)--BAE Systems has been awarded a five-year $94 million single-award IDIQ contract to deliver advanced technology capability to the U.S. Navy.

BAE Systems Secures New $94 Million Contract to Deliver Advanced Technology to the U.S. Navy

CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--BAE Systems is investing more than $100 million to build a state-of-the-art facility in Cedar Rapids, Iowa.

BAE Systems Announces Modern Aerospace and Defense Facility Development Project in Cedar Rapids

NASHUA, N.H.--(BUSINESS WIRE)--BAE Systems has been awarded multiple contracts from the U.S. Army to develop key technologies for the Advanced Teaming Demonstration Program.

U.S. Army selects BAE Systems to deliver autonomy capabilities for Future Vertical Lift initiative

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World-leading, market-dominating, technologically savvy defence companies supplying the free world are trading at high-single digit free cash flow yields. I believe an increasingly hostile global environment is likely over the next 10 years as China vs. USA continues, and as globalisation deaccelerates due to populist politics.

Defence Can Be Defensive In A Chaotic World

LEXINGTON, Mass.--(BUSINESS WIRE)--BAE Systems has unveiled its full high-definition thermal camera core, Athena 1920.

BAE Systems Unveils High-Definition Uncooled Thermal Sensor

ENDICOTT, N.Y.--(BUSINESS WIRE)--BAE Systems has been awarded an IDIQ contract from the U.S. Air Force to develop an attritable air vehicle system for the Skyborg program.

BAE Systems Selected to Develop Attritable Air Vehicle Systems Under the U.S. Air Force Skyborg Program

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FALLS CHURCH, Va. & FORT WORTH, Texas--(BUSINESS WIRE)--BAE Systems and Elbit America have teamed up to develop and integrate advanced operational capabilities for combat vehicles.

BAE Systems, Elbit Systems of America Team to Shape the Future of Army Combat Vehicles

WASHINGTON--(BUSINESS WIRE)--BAE Systems has proposed its ARCHER howitzer in response to the U.S. Army's request for proposals for a 155 mm wheeled gun system.

BAE Systems Offers ARCHER Wheeled Howitzer for U.S. Army's 155 mm Gun System

MCLEAN, Va.--(BUSINESS WIRE)--The U.S. Army has awarded BAE Systems a one-year, $11.7 million contract to provide information technology (IT) services to the Army Cyber Command.

BAE Systems to Deliver System Integration and Information Technology Management for Army Cyber Command

MERRIMACK, N.H.--(BUSINESS WIRE)--BAE Systems has unveiled a next-generation cyber-threat detection and mitigation solution, Fox Shield(TM), for U.S. military platforms.

BAE Systems Rolls Out New Platform Cyber Protection Capability

SAN DIEGO--(BUSINESS WIRE)--BAE Systems announces the launch of GXP Fusion, which leverages Artificial Intelligence and Machine Learning technology to simplify data challenges.

BAE Systems Launches GXP Fusion™ Application to Increase Situational Awareness

The defense sector is a reliable safe haven for uncertain times due to the long-term nature of military contracts and the relative stability of defense budgets.

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KARLSKOGA, Sweden--(BUSINESS WIRE)--BAE Systems will produce and deliver Bofors 40 Mk4 and Bofors 57 Mk3 naval guns for the U.K. Ministry of Defence’s Type 31 frigate program.

BAE Systems Awarded Naval Guns Contract for U.K.’s Type 31 Frigate Program

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RENO, Nev.--(BUSINESS WIRE)--BAE Systems will design, develop, and integrate a fly-by-wire flight control system, including active inceptors, for Aerion Supersonic's new AS2 jet.

News for BAE Systems PLC Stock (BAESY)