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BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company's United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company's cyber, secure government, and commercial and financial security activities. The Platforms & Services (US) segment, with operations in the United States, United Kingdom and Sweden, produces combat vehicles, weapons and munitions. Air segment comprises the Company’s United Kingdom-based air activities for European and international markets, and United States programmes, and its businesses in Saudi Arabia and Australia, together with its interest in the MBDA Holdings SAS (MBDA) joint venture. Maritime segment comprises the Company’s United Kingdom-based maritime and land activities.
Aerospace & Defense
Stirling Square, 6 Carlton Gardens
Non-Executive Chairman of the Board
Gerard J. DeMuro
President and Chief Executive Officer, Executive Director
Charles N. Woodburn
Chief Executive, Executive Director
Peter J. Lynas
Group Finance Director, Executive Director
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The Czech Republic has received preliminary bids from BAE Systems, General Dynamics European Land Systems and Rheinmetall Landsysteme for its planned purchase of 210 infantry fighting vehicles, the Defence Ministry said on Tuesday.
BAE Systems Plc <BAES.L> has been awarded a $2.7 billion (2.2 billion pounds) U.S. defence contract for production of the Advanced Precision Kill Weapon System, the Pentagon said on Wednesday.
BAE Systems <BAES.L> has been awarded a $495 million (£394.80 million) U.S. defence contract for receiver/processors and high band receivers in support of the ALR-56C Digital Upgrade, the Pentagon said on Thursday.
Britain's BAE Systems <BAES.L> said on Tuesday it has won a $318 million contract from the United States Army in order to upgrade M88 recovery vehicles to the M88A3 configuration.
Babcock International <BAB.L> won a contract to design new Type 31 frigates on Thursday as Britain seeks to revive its once-mighty shipbuilding industry.
BAE Systems <BAES.L>, Britain's biggest defence company, said group finance director Peter Lynas would retire on March 31 next year and be succeeded by oil and gas industry veteran Brad Greve.
BAE Systems, Britain's biggest defence company, said on Friday its group finance director Peter Lynas would retire on March 31 next year and be succeeded by Brad Greve.
BAE Systems <BAES.L> said improvements in its maritime and combat vehicle operations helped drive a rise in first-half earnings against a backdrop of geopolitical uncertainty that has dampened hopes for a major order from Saudi Arabia.
BAE Systems <BAES.L>, Britain's biggest defense company, said operational improvements in its first half drove a 9% rise in core earnings to 999 million pounds ($1.21 billion), underpinning its guidance for the full year.
Leading British defence firm BAE Systems said it was working with the government to deliver its contracts with Saudi Arabia after Germany extended its ban on exporting arms to the country.
Leading British defence contractor BAE Systems maintained its outlook on Thursday but said that its performance could be affected by ongoing political uncertainties, such as tension over its contracts with Saudi Arabia.
A shipyard in northern England that builds Britain's new generation of nuclear submarines was evacuated on Wednesday but the atomic safety regulator said there had been no nuclear incident.
Leading British defense contractor BAE Systems said German moves to block exports to Saudi Arabia could damage its major deals with the country and weigh on its financial performance.
Britain's biggest defence company BAE Systems said its earnings would grow in 2019 compared to a flat 2018, despite ongoing geopolitical uncertainty which could affect its business.
Britain's defense company BAE Systems on Tuesday said it had won additional funding up to $575 million from the U.S. Army to begin production of its new armored vehicles that would replace the Vietnam War-era M113 fleet of personnel carriers.
The killing of Jamal Khashoggi and Yemen's war have hurt Saudi Arabia's reputation, the chairman of BAE Systems <BAES.L> told Sky News, adding Britain as a "critical friend" could help Riyadh refocus on the development push it was making before those crises emerged.
BAE Systems PLC <BAES.L> has been awarded a $474 million (£366 million) U.S. defence contract for technical and maintenance support for the M109 family of vehicles, the Pentagon said on Tuesday.
German defence and automotive company Rheinmetall <RHMG.DE> on Monday said it would create a Britain-based joint venture with peer BAE Systems <BAES.L> to design, build and support military vehicles.
BAE Systems Land & Armaments LP, a unit of BAE Systems PLC <BAES.L>, has won a $474 million (£372 million) contract to provide system technical support for the U.S. Army, the Pentagon said in a statement on Tuesday.
Britain's biggest defence company BAE Systems <BAES.L>, which counts Saudi Arabia as its third biggest customer, stuck to a forecast for flat earnings in 2018 and said programmes in the UK and the United States were making progress.
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