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.

FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems, Inc. announced that former National Reconnaissance Office Director Betty Sapp has been appointed to its Board of Directors.

Betty Sapp Joins BAE Systems, Inc. Board of Directors

BROOMFIELD, Colo.--(BUSINESS WIRE)--The Nancy Grace Roman Space Telescope's Wide Field Instrument on NASA's observatory entered the final stages of environmental testing at BAE Systems.

Testing of Roman Space Telescope's Primary Instrument Nearing Completion at BAE Systems

STOCKHOLM & FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems has signed a contract with the Swedish Defense Materiel Administration for new CV9035 MkIIIC vehicles.

BAE Systems signs contract with Sweden for new CV90 combat vehicles

ENDICOTT, N.Y.--(BUSINESS WIRE)--BAE Systems and Eaton successfully tested their integrated electric drive system for medium- and heavy-duty commercial trucks.

BAE Systems and Eaton successfully test electric drive technology on commercial demonstration truck

NASHUA, N.H.--(BUSINESS WIRE)--BAE Systems has been selected by the U.S. Navy to develop Dual Band Decoy, one of the most advanced radio frequency countermeasures in the world.

BAE Systems to Develop Next-Generation Airborne Decoy Countermeasure

DARPA program aims to solve thermal challenges limiting electronic warfare systems MERRIMACK, N.H. , May 14, 2024 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA) has awarded BAE Systems' (LON: BA) FAST LabsTM research and development organization a $12 million contract for the Technologies for Heat Removal in Electronics at the Device Scale (THREADS) program.

BAE Systems awarded $12 million to boost effectiveness of radio frequency-based applications

BAE Systems and Babcock have been awarded an order to build six new landing and assault craft for the Royal Marines. Grant Shapps, Defence Minister, said the new vessels would be Multi-Role Support Ships capable of launching drones and laser-targeted missiles as well as amphibious landing support.

BAE and Babcock land new contract for six commando ships

BAE Systems sales grew 9% to £25.3 billion, but margin expansion remains absent. Solid free cash flow growth of £643 million to £2.6 billion outpaces earnings and sales growth. BAE Systems expects 10-12% revenue growth in 2024, driven by the acquisition of Ball Aerospace, but segment margin expansion is limited.

BAE Systems Stock Is A Buy: Here Is Why

BAE Systems PLC (LSE:BA.) shares could well be fully valued already despite growing global defence spending, Shore Capital analysts have said.

BAE fully valued despite growing defence spend - analysts

FTSE 100 weapons builder BAE Systems has reaffirmed its full-year trading guidance thanks to continued robustness in the global defence market.

BAE Systems Shares Edge Higher As FY Guidance Reconfirmed

BAE Systems forecast core earnings to grow 11-13% this year as governments rush to secure military hardware in the face of escalating geopolitical tensions.

BAE Backs Guidance as Defense Spending Remains High

BAE Systems PLC (LSE:BA.) has said it is on track to meet market expectations this year and that strong momentum will likely continue into the future on increased defence spending.

BAE eyes further momentum on US, UK defence spending

Britain's BAE Systems said it was on track to meet guidance for higher earnings and forecast "further positive momentum" from a recent UK government commitment to raise defence spending.

BAE Systems on track to meet growth forecasts

NORFOLK, Va. , May 8, 2024 /PRNewswire/ -- BAE Systems recently honored the best suppliers and subcontractors to its Ship Repair business for 2023 during a 'Partner2Win' Supplier ceremony in San Diego.

BAE Systems celebrates its best ship repair suppliers for 2023

The new solutions increase comprehensive electric vehicle system offerings to support medium- and heavy-duty commercial vehicles ENDICOTT, N.Y. , May 7, 2024 /PRNewswire/ -- BAE Systems (LON: BA), a leader in electric propulsion, and Eaton, a global power management company, are expanding their collaboration to include electric vehicle (EV) solutions for heavy-duty trucks.

BAE Systems and Eaton expand collaboration to deliver electric drive solutions for heavy-duty trucks

NORFOLK, Va. , May 2, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has received an $87 million contract from the U.S. Navy for repair work aboard the dock landing ship USS Carter Hall (LSD 50).

U.S. Navy awards BAE Systems $87 million contract to upgrade USS Carter Hall

ACX is the second instrument BAE Systems has been contracted to develop for the GeoXO mission to support environmental monitoring BROOMFIELD, Colo. , May 1, 2024 /PRNewswire/ -- BAE Systems (LON: BA) was selected by NASA to develop the Atmospheric Composition instrument (ACX) that will fly on the National Oceanic and Atmospheric Administration's (NOAA) Geostationary Extended Observations (GeoXO) satellite constellation.

BAE Systems selected to build atmospheric composition instrument for NOAA's GeoXO constellation

Cummins' B hybrid-compatible diesel engine with BAE Systems' drivetrain system targeted for launch in 2027 ENDICOTT, N.Y. , April 24, 2024 /PRNewswire/ -- BAE Systems (LON: BA) and Cummins Inc. have announced plans to collaborate on the integration and certification of a B hybrid-compatible diesel engine and hybrid electric drivetrain for the transit market, targeted for launch in 2027.

BAE Systems to collaborate with Cummins on 2027 and beyond hybrid drivetrain for transit bus industry

JP Morgan repeated its bullish stance on a trio of UK defence stocks after a double boost for the sector. Rishi Sunak announced increased military support for Ukraine alongside a commitment to elevate defence spending - a pledge that is likely to be kept by Labour, which is currently well ahead in the polls.

BAE leads the defence sector risers after double boost for the sector

The NASA mission provided data on cloud profiles and physical properties to enhance weather prediction models BROOMFIELD, Colo. , April 23, 2024 /PRNewswire/ -- The BAE Systems-built CloudSat satellite has officially ended operations after more than 17 years on orbit.

BAE Systems-built CloudSat satellite completes nearly two decades-long mission

MAPLE GROVE, Minn. , April 23, 2024 /PRNewswire/ -- BAE Systems' Combat Mission Systems (CMS) business is marking the start of construction on its new 236,000-square-foot facility in Maple Grove, Minnesota.

BAE Systems breaks ground on cutting-edge engineering and product development site in Maple Grove

British defense contractor BAE Systems does business with countries accused of known or suspected human rights abuses, according to a new report.

Defense giant BAE Systems linked to arms deals in countries accused of human rights abuses, report finds

RADFORD, Va. , April 18, 2024 /PRNewswire/ -- BAE Systems Ordnance Systems Inc. (OSI) has selected Hanwha Defense USA (HDUSA), the U.S. defense subsidiary of Hanwha Aerospace in South Korea, to modernize an existing production building at the Radford Army Ammunition Plant.

BAE Systems selects Hanwha Defense USA for modernization project

Britain's BAE Systems said it was investigating the cause of an explosion at its munitions manufacturing plant in Glascoed, Wales, on Wednesday.

BAE Systems investigating explosion at its Welsh munitions site

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Companies in the military-industrial complex will be in the spotlight this week as geopolitical risks rise and as the US Congress prepares a vote on Biden's supplemental package for Israel, Taiwan, and Ukraine.

News for BAE Systems PLC Stock (BAESY)