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.

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.

BAE Systems receives $318 million services contract for M109 Self-Propelled Howitzers

HUNTSVILLE, Ala. , March 26, 2024 /PRNewswire/ -- BAE Systems (LON: BA) is showcasing its future-driven Armored Multi-Purpose Vehicle (AMPV) prototype configured with the External Mission Equipment Package (ExMEP) at the 2024 AUSA Global Force Symposium.

BAE Systems showcases latest Armored Multi-Purpose Vehicle prototype at AUSA Global Force

BAE Systems (BAESY), with the continued progress over its tri-nation SSN-AUKUS submarine program, continues to deliver advanced sea warfare capabilities.

BAE Systems (BAESY) to Manufacture Submarines for Australia

Rolls-Royce Holdings PLC

BAE Systems PLC (LSE:BA.) will make Australia's nuclear-powered submarines for the AUKUS programme as part of a partnership that the government said "could be worth billions of pounds", including on engines made by Rolls-Royce Holdings PLC (LSE:RR.

BAE Systems and Rolls-Royce to help build Australian submarines in AUKUS deal

LONDON--(BUSINESS WIRE)--The Australian Government has selected BAE Systems and ASC Pty Ltd to build Australia's new fleet of nuclear powered submarines in the latest significant development in the AUKUS trilateral security pact between the United States, the United Kingdom and Australia. Australian Deputy Prime Minister, Richard Marles, and UK Defence Secretary, Grant Shapps, announced the news in Australia, marking the next step in the pathway for Australia to build and operate its own nuclea.

Australia Selects BAE Systems and ASC to Build Sovereign Nuclear Powered Submarines

Australia said Thursday it would spend billions on docks, shipyards and factories at home and in Britain for nuclear-powered submarines under the AUKUS security pact, and named Britain's BAE Systems to help build the boats.

Australia earmarks billions for naval infrastructure as BAE wins AUKUS submarine work

Advanced analytics and modeling program harnesses decision-making power for Defense Intelligence Community SAN DIEGO , March 20, 2024 /PRNewswire/ -- The National Geospatial-Intelligence Agency (NGA) has awarded BAE Systems (LON: BA) an indefinite delivery, indefinite quantity contract worth up to $182 million to provide geospatial intelligence (GEOINT) Enterprise Modeling (GEM) Services, a suite of services referred to as GEM Cutter. GEM Cutter provides advanced modeling capabilities to the analysis workforce—reducing cognitive workloads by making sense of data faster.

National Geospatial-Intelligence Agency awards BAE Systems a contract for GEOINT Enterprise Modeling Services

MCLEAN, Va. , March 14, 2024 /PRNewswire/ -- The U.S. Navy has awarded BAE Systems (LON: BA) a contract worth approximately $86 million to continue supporting its Mobile Deployable Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance (MDC5ISR) programs.

BAE Systems awarded U.S. Navy contract to continue supporting Mobile Deployable C5ISR programs

BAE Systems' (BAESY) Armored Multi-Purpose Vehicle is the U.S. Army's program to replace the Vietnam War-era and legacy M113 Family of Vehicles.

BAE Systems (BAESY) Wins $754M Contract for Armored Vehicles

BAE Systems remains Morgan Stanley (NYSE:MS)'s top pick in the European defence sector, with its optimism reinforced by a meeting with the company's chief executive Charles Woodhead and CFO Brad Greve. Management's confidence stems from the bipartisan support in the US for increased defence budgets, necessary for supporting Ukraine and replenishing transferred supplies.

BAE Systems still top pick in European defence sector, according to Morgan Stanley

BROOMFIELD, Colo. , March 4, 2024 /PRNewswire/ -- BAE Systems (LON: BA) is celebrating alongside its customers at the Environmental Defense Fund (EDF) following the successful launch of the MethaneSAT satellite from Vandenberg Space Force Base in California today.

BAE Systems launches MethaneSAT satellite to provide critical global greenhouse gas emissions data

BROOMFIELD, Colo. , Feb. 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has been selected by the Space Systems Command (SSC) Space Enterprise Consortium (SpEC) to provide a prototype ground system for the U.S. Space Force's SSC Future Operationally Resilient Ground Evolution Command and Control (FORGE C2) project.

BAE Systems selected to develop ground system prototype for U.S. Space Force missile warning system

COPENHAGEN, Denmark , Feb. 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has signed a framework agreement with the Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) to provide repair and maintenance services for the Danish Army's CV90s over a period of 15 years. "This important agreement will secure the functionality of the Danish Army's fleet of CV90s" Under the agreement, worth approximately $400 million (DKK 3,000,000,000), BAE Systems will provide an upgraded level of operability for the infantry fighting vehicles.

BAE Systems signs a 15-year support agreement for the Danish CV90 fleet

BAE Systems plc (BAESY) Q4 2023 Earnings Call Transcript

BAE Systems PLC (LSE:BA.) unveiled better-than-expected profit on Wednesday, thanks to record orders as global tensions mount on the back of conflict in Europe and the Middle East.

BAE Systems to keep seeking US spend as wars push orders - analysts

BAESY has seen sustained growth in orders and sales due to increased geopolitical risks and global defense spending.

BAE Systems: Well-Positioned For Sustained Growth

FTSE 100 company says global instability is making government focus on defence spending

Arms maker BAE Systems makes record profit amid Ukraine and Israel-Gaza wars

BAE Systems PLC (LSE:BA.) reported better profits than it had predicted for 2023 and with a record level of orders said it expects growth to accelerate this year.

BAE Systems hikes dividend 11% and ups guidance after record year for new defence orders

Britain's BAE Systems posted a 14% jump in annual earnings, beating guidance, and said it expected further growth in 2024 as government orders for defence equipment surge due to rising geopolitical tensions.

BAE Systems earnings beat guidance, sees further growth

BAE Systems said it expected sales to rise 10-12% this year as governments ramp up spending on military equipment, faced with escalating geopolitical tensions.

BAE Systems Sees Sales Growth as Global Conflicts Mount

HSBC Holdings

Rio Tinto plc Sponsored

A big day sees a string of heavyweights led by miner Rio Tinto and Glencore and super giant bank HSBC.

HSBC, Rio Tinto and BAE Systems due Wednesday as heavyweights queue up

BAE Systems PLC (LSE:BA.) updates on Wednesday, 21 February, with investors no doubt expecting the defence giant to have seen strong demand as global tensions mount.

BAE Systems revenue to jump after orders soar on mounting global tensions

LONDON and FALLS CHURCH, Va. and BROOMFIELD, Colo. , Feb. 16, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has now successfully completed the acquisition of Ball Aerospace from Ball Corporation. This acquisition adds market-leading space, science and defense capabilities to the company's portfolio of products and services through a new business called Space & Mission Systems.

BAE Systems completes acquisition of Ball Aerospace

Ball Aerospace to become new Space & Mission Systems sector of BAE Systems' U.S. business LONDON and FALLS CHURCH, Va. and BROOMFIELD, Colo.

News for BAE Systems PLC Stock (BAESY)