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.

Britain's BAE Systems has won a further 130 million pound ($162 million) order from the government for munitions, as the Ukraine war continues to boost the UK defence industry.

Britain orders more munitions as Ukraine war boosts UK defence

LONDON--(BUSINESS WIRE)--BAE Systems has secured an additional £130m of new orders for the supply of munitions to the UK Ministry of Defence (MOD). The award follows the decision by the MOD to exercise the option to increase the supply contract announced in July from £280m to £410m. The full order with Defence Equipment and Support will be supplied via BAE Systems' facilities in Washington, Tyne and Wear, and Glascoed, South Wales. The overall contract will create more than 200 new highly skill.

BAE Systems: UK Ministry of Defence raises frontline battlefield munitions order to £410m

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Are Investors Undervaluing Bae Systems (BAESY) Right Now?

ENDICOTT, N.Y., Sept. 6, 2023 /PRNewswire/ -- BAE Systems' (LSE: BA) next-generation vehicle management computer was successfully flight tested on the F-35 Lighting II aircraft. The test demonstrated a technology upgrade for all three F-35 variants that will increase computer performance and addresses obsolescence issues. Testing occurred at Naval Air Station Patuxent and Edwards Air Force Base.

BAE Systems successfully flight tests next-generation vehicle management computer for the F-35 Lightning II

Goldman Sachs

The trustees of two BAE Systems pensions schemes have appointed Goldman Sachs Asset Management to manage 23 billion pounds ($28.88 billion) in defined benefit pension scheme assets, the fund manager said on Wednesday.

BAE Systems pensions appoint Goldman Sachs to manage 23 bln stg in assets

ASML Hld

Coca-Cola

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YORK, Pa. , Sept. 1, 2023 /PRNewswire/ -- BAE Systems (LSE: BA) received a $797 million contract to continue production of the Armored Multi-Purpose Vehicle (AMPV) for the U.S. Army, with additional options for a potential total contract amount of $1.6 billion.

U.S. Army awards BAE Systems $797 million contract to begin full rate production of Armored Multi-Purpose Vehicle

The Kremlin said on Friday it took a negative view of British defence contractor BAE Systems' decision to establish itself in Ukraine, adding that any facilities producing weapons used against Russia would become targets for Moscow's military.

Kremlin warns UK's BAE Systems: Ukraine base could be target for Russian military

BAE Systems has established a business in Ukraine to help the Kyiv government establish its own weapon production infrastructure. There are no plans for BAE to set up a facility, according to reports today, but the UK group will help the Ukraine government find partners and set up its own artillery capability.

BAE Systems sets up entity in Ukraine to support war effort

British defence company BAE Systems said it had established a local entity in Ukraine and signed deals with the Ukrainian government to help ramp up the supply of weapons, equipment and training to the country.

Britain's BAE Systems sets up Ukrainian entity

New production contract modernizes and equips the Army's Armored Brigade Combat Teams with increased capability YORK, Penn. , Aug. 25, 2023 /PRNewswire/ -- BAE Systems (LSE: BA) was awarded a contract modification exceeding $190 million for continued production of the Bradley A4.

BAE Systems to deliver additional Bradley Fighting Vehicles with $190 million contract

BAE Systems (BAESY) wins $113.07 million modification contract for Bradley Fighting Vehicles, and continues to be an integral part of the U.S. Army's Armored Brigade Combat Team.

BAE Systems (BAESY) Wins Contract for Bradley Fighting Vehicles

BAE Systems PLC (LSE:BA.), the British defence giant, has set its sights on the stars with its proposed acquisition of Ball Aerospace for $5.6bn.

BAE Systems' stellar ambitions: A dive into the space domain

FALLS CHURCH, Va. , Aug. 21, 2023 /PRNewswire/ -- BAE Systems, Inc. (LSE: BA) has named Reggie Robinson to become the senior vice president for Government Relations, effective immediately.

BAE Systems, Inc. names Reggie Robinson to lead its Government Relations team

Ball Corp

BAE Systems plc (LON: BA) just revealed plans of buying the aerospace business of Ball Corp (NYSE: BALL) for $5.55 billion in cash.

BAE is spending $5.55 billion to buy Ball Aerospace

Ball

Britain's BAE Systems said its $5.5 billion purchase of Ball Corp's aerospace business would help it meet the soaring demand for munitions seen since the invasion of Ukraine, underscoring the impact the war has had on the sector.

BAE says $5.5 bln Ball Corp deal will help it meet Ukraine-led defence demand

After BAE Systems PLC (LSE:BA.) announced the takeover of Ball Aerospace its shares fell more than 4% as investors perhaps baulk at the US$5.6 billion price tag, the company's biggest ever acquisition.

BAE Systems: what is Ball Aerospace and why has it been bought

Ball began shopping around its aerospace division earlier this year, looking for a deal that would help trim its nearly $10 billion in debt.

UK defense contractor BAE buying Ball's aerospace division for $5.6 billion

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 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.

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