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.

KINGSPORT, Tenn. , Dec. 12, 2023 /PRNewswire/ -- BAE Systems Ordnance Systems Inc. has received a contract with a ceiling value of $8.8 billion from the U.S. Army to continue as the operating contractor of the Holston Army Ammunition Plant (HSAAP) with a base period of 10 years.

BAE Systems awarded U.S. Army contract to operate Holston Army Ammunition Plant

Britain's BAE Systems has won an $8.8 billion contract to maintain and operate a U.S. Army ammunition plant in Tennessee, the U.S. Department of Defense (DoD) said on Tuesday.

Britain's BAE Systems wins $8.8 bln contract to continue operating Tennessee ammo plant

Lockheed Martin

BAE Systems stock has outperformed the market and peers, with a surge of 31.5% since December 2022. The company has seen strong growth in key metrics, including a 17% increase in order growth and a 14% increase in sales growth. BAE Systems has increased its guidance for 2023, with sales expected to grow between 5-7% and underlying EBIT expected to grow between 6-8%.

BAE Systems Performance Makes Lockheed Martin Look Small

ARCHER Artillery Alliance announces its approach for the UK's Mobile Fires Platform and to revitalize critical UK artillery capabilities LONDON , Dec. 11, 2023 /PRNewswire/ -- BAE Systems, Babcock and Rheinmetall BAE Systems Land (RBSL) are joining forces to offer the ARCHER wheeled mobile artillery system to the UK Ministry of Defence (MoD) as the replacement for the legacy AS90. "An ARCHER-based solution would allow the British Army to significantly accelerate the delivery of the MFP program.

BAE Systems announces team for the UK's future artillery program

The Microelectronics Center upgrades will increase on-shore technology development to benefit national defense NASHUA, N.H. , Dec. 11, 2023 /PRNewswire/ -- The U.S. Department of Commerce has announced approximately $35 million in initial funding for BAE Systems to modernize the Microelectronics Center (MEC) in Nashua, New Hampshire.

BAE Systems, Inc. and U.S. Department of Commerce announce first CHIPS and Science Act funding to modernize microelectronics facility

The U.S. Commerce Department said Monday it plans to award $35 million to BAE Systems to quadruple production in New Hampshire for key semiconductor chips used in F-35 fighter jets and commercial satellites.

US plans $35 million award to BAE to boost chip supply for F-35

Deutsche Bank

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Rolls-Royce Holdings PLC (LSE:RR.) and BAE Systems PLC (LSE:BA.) were among the defence and aerospace stocks given upgraded targets by Deutsche Bank on Friday.

BAE Systems and Rolls-Royce shares given target hikes by Deutsche Bank

Live demonstrations at I/ITSEC 2023 will show the impact of weather conditions on a wide range of military operations ORLANDO, Fla. and FALLS CHURCH, Va.

BAE Systems, Red Hat, and The Weather Company unveil transformative collaboration to redefine military simulation environments

ORLANDO, Fla. and MCLEAN, Va., Nov. 27, 2023 /PRNewswire/ -- BAE Systems will participate in the National Training & Simulation Association's (NTSA) Interservice/Industry Training, Simulation, and Education Conference (I/ITSEC) Nov. 27 to Dec. 1, 2023. In support of this year's conference theme, "Sustaining a Global Force in a Digital World," BAE Systems will illustrate how it's driving innovation beyond boundaries and advancing its customers' most critical missions.

BAE Systems to unveil cutting-edge innovations at NTSA I/ITSEC 2023

BAE Systems PLC (LSE:BA.) stands to net a multi-million windfall from the flotation of the national airline of Kazakhstan.

BAE Systems could net windfall from Air Astana float

British aerospace and defence big cap BAE Systems PLC (LSE:BA.) faces a “decade of growth and visibility” said analysts at JPMorgan following the FTSE 100 firm's appearance at the UK Leaders Conference this week.

BAE systems has a decade of growth and visibility ahead - analyst

SEOUL, South Korea , Nov. 22, 2023 /PRNewswire/ -- Hanwha Aerospace has been awarded a contract to supply 155mm artillery bi-modular charge systems to BAE Systems. BAE Systems is a long term strategic supply partner to the UK Ministry of Defence.

Hanwha Aerospace contracts with BAE Systems to supply 155mm artillery propelling charges

YORK, Penn. , Nov. 22, 2023 /PRNewswire/ -- BAE Systems' Combat Mission Systems business named Leading Technology Composites, Inc. as Supplier of the Year for its delivery of quality products in the midst of an ever-changing environment at the 2023 Partner2Win Supplier Symposium.

BAE Systems' Combat Mission Systems business awarded 17 Supplier of the Year awards and 60 medals at its fifth annual Partner2Win supplier symposium

Typhoon will be the first international platform to receive the DIGAR upgrade  CEDAR RAPIDS, Iowa , Nov. 16, 2023 /PRNewswire/ -- Following successful activity to demonstrate functional compatibility and physical installation feasibility, BAE Systems Digital GPS Anti-jam Receiver (DIGAR™) has been selected to continue into the next phase of the Phase 4 Enhancements (P4E) capability program on the Eurofighter Typhoon aircraft. DIGAR will boost the protection of the aircraft from GPS signal jamming, spoofing, and Radio Frequency (RF) interference, so that pilots can execute their missions in the most heavily contested RF environments.

BAE Systems selected to enhance GPS technology on Eurofighter Typhoon

LOUISVILLE, Ky. , Nov. 15, 2023 /PRNewswire/ -- BAE Systems has received a contract to deliver multiple shipsets of the Mk 45 Medium Caliber Gun and automated Ammunition Handling System (AHS) for the Royal Australian Navy's new Hunter class frigates.

BAE Systems to equip Royal Australian Navy's Hunter class frigates with Mk 45 naval gun

Britain has placed an extra 20 million pound ($24.58 million)order for small arms munitions with BAE Systems , adding to its existing much bigger contract, the government and defence company said in a statement on Tuesday.

UK places extra 20 mln stg munitions order with BAE

BAE Systems PLC (LSE:BA.) confirmed financial guidance after reporting the order book has remained strong in the second half of the year.

BAE Systems backs outlook amid buoyant order book

BAE Systems maintained its guidance for annual earnings to rise by as much as 12% as orders for military kit continued to flow, and it said it had increasing exposure to structurally growing defence markets.

BAE on track to meet forecasts as military demand remains high

BAE Systems PLC (LSE:BA.) is facing a public backlash over its involvement in the production of F-35 warplanes used by the Israeli military in Gaza.

BAE faces backlash over Gaza conflict – will it weather the storm?

The OSINT Foundation Awards honored individuals and organizations who have made significant advancements in the field of open-source intelligence (OSINT)  FALLS CHURCH, Va., Nov. 9, 2023 /PRNewswire/ -- BAE Systems hosted the first-ever Open-Source Intelligence (OSINT) Foundation Awards Reception Friday, Nov. 3 at its Falls Church, Virginia facility to honor the recipients of this year's OSINT Excellence Awards.

BAE Systems hosts inaugural OSINT Foundation Awards

FAST Labs™ research and development organization awarded a $5 million contract from the Office of Naval Research NASHUA, N.H., Nov. 8, 2023 /PRNewswire/ -- The Office of Naval Research (ONR) has awarded BAE Systems' (LSE: BA) FAST LabsTM research and development organization a $5 million contract for the COALESCE (Common-architecture Amplifier for Low-cost, Efficient, SWaP-Constrained Environments) program.

BAE Systems to develop custom microelectronics for next-generation radar, electronic warfare, and communication applications

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BAESY, ASBFY and LW made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 3, 2023.

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We are in a world of wars. Currently, there are 32 major conflicts and thousands of armed battles, prompting investors to gravitate toward defensive stocks. World military spending grew to an all-time high of $2240 billion in 2022 for the eighth consecutive year. Military expenditures are increasing, resulting in over $886 billion in U.S. defense. As a result, investors are searching for safe haven industries and a hedge for their portfolios. Defensive stocks were among the top five gainers in October.

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Annual report details the meaningful impact of the company's DEI efforts on the careers and well-being of employees and communities FALLS CHURCH, Va. , Oct. 26, 2023 /PRNewswire/ -- Today BAE Systems, Inc. released its annual Diversity, Equity, and Inclusion (DEI) Impact Report titled The Ripple Effect of our Efforts.

BAE Systems, Inc. highlights continued advancement of diversity, equity, and inclusion in workforce and culture

BAESY, ASBFY and LW made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 26, 2023.

News for BAE Systems PLC Stock (BAESY)