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.

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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BAE Systems PLC (LSE:BA.) recieved a share price target upgrade by Deutsche Bank analysts on Friday as European defence spending looks to keep growing.

BAE to keep benefiting as European defence spend continues upwards - analysts

The satellite will bridge critical gaps in current space-based environmental monitoring capabilities to advance military operations BROOMFIELD, Colo. ,  April 11, 2024 /PRNewswire/ -- BAE Systems' (LON: BA) Weather System Follow-on – Microwave (WSF-M) satellite was successfully launched from Vandenberg Space Force Base in California today.

BAE Systems-built weather satellite launches as part of U.S. Space Force environmental monitoring program

LONDON--(BUSINESS WIRE)--The UK Ministry of Defence has awarded BAE Systems a contract to maintain and repair gifted L119 Light Guns in Ukraine. The contract, which was announced during a recent UK Government-led trade mission to Kyiv, means that L119s which were donated by the UK to Ukraine can be serviced in country and returned to the frontline more quickly. The L119 Light Gun has proved to be a trusted system that Ukrainian forces have favoured because of its accurate firepower, light weigh.

BAE Systems Awarded Contract to Maintain and Repair Light Guns in Ukraine

STAFFORD, Va. , April 8, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has received an $79 million contract from the U.S. Marine Corps to build and deliver production representative test vehicles (PRTVs) for the Amphibious Combat Vehicle Recovery (ACV-R) variant later this year.

BAE Systems receives $79 million contract from U.S. Marine Corps to build and deliver ACV-R test vehicles

BAE Systems (BAESY), with the recent contract win, will strengthen its position in the naval vessel market and provide the U.S. Navy with enhanced defense capabilities.

BAE Systems (BAESY) Wins Deal for Amphibious Combat Vehicles

NASHUA, N.H. , April 2, 2024 /PRNewswire/ -- The U.S. Air Force recently completed Initial Operational Test & Evaluation (IOT&E) of the Eagle Passive Active Warning Survivability System (EPAWSS), validating the game-changing capabilities BAE Systems' advanced system brings to the F-15.

BAE Systems' Eagle Passive Active Warning Survivability System for F-15 aircraft completes operational testing

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BAE, Rolls-Royce see long-term boost on defence spending uptick - analysts

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YORK, Penn. , March 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) received a $754 million contract award to continue producing the Armored Multi-Purpose Vehicle (AMPV) family of vehicles (FoVs) for the U.S. Army.

U.S. Army awards BAE Systems $754 million contract for second phase of full-rate production for Armored Multi-Purpose Vehicle program

YORK, Pa. , March 27, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has been awarded a contract valued up to $318 million from the U.S. Army to perform technical and sustainment support services for its fleet of M109A6 and A7 Self-Propelled Howitzers (SPH) and their companion, M992A3 carrier, ammunition, tracked (CAT) vehicles. "Sustainment services for the M109 allow the U.S. Army to maintain a high level of operational readiness" Under the five-year System Technical Support and Sustainment System Technical Support contract, BAE Systems will deliver ongoing engineering and logistics services to provide new capabilities, maintenance, and testing on the family of vehicles.

News for BAE Systems PLC Stock (BAESY)