|Bid||574.40 x 0|
|Ask||574.40 x 0|
|Day's Range||567.20 - 581.40|
|52 Week Range||439.40 - 634.40|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||13.81|
|Forward Dividend & Yield||0.19 (3.21%)|
|1y Target Est||652.67|
BAE Systems has received $170.7 million in contracts from the U.S. Navy to perform simultaneous maintenance and repair on two Arleigh Burke-class (DDG 51) guided-missile destroyers in its San Diego shipyard. Under the awarded contracts, the shipyard will tandem dry-dock the USS Stethem (DDG 63) and USS Decatur (DDG 73) in October. The synchronized two-ship docking will be a first for the company’s newest dry-dock in San Diego.
BAE Systems has partnered with LinQuest, Booz Allen Hamilton, a.i. solutions, Space Vector, Advanced Core Concepts, VETS, and GreenDart to offer world-class support for the U.S. Air Force Space and Missile Systems Center’s Launch Enterprise – Systems and Engineering and Integration Program.
The U.S. Army has awarded BAE Systems a $318 million contract to upgrade M88 recovery vehicles to the M88A3 configuration designed for single-vehicle recovery of the latest version of the Abrams tank. “As the U.S. Army’s primary recovery vehicle, the M88 plays a critical role in the Army’s Armored Brigade Combat Team,” said Dennis Hancock, recovery programs director for BAE Systems’ Combat Vehicles business. “We have partnered closely with the Army and industry partners to develop a solution that addresses the single-vehicle recovery gap.
The Dutch Army has selected BAE Systems to integrate the Elbit Systems’ Iron Fist Active Protection System (APS) solution into its fleet of CV90 Infantry Fighting Vehicles following successful testing to integrate it onto the platform. Iron Fist is an advanced technology that automatically detects, tracks and neutralizes incoming threats to protect the vehicle and its crew. The Royal Netherlands Army has been working closely with BAE Systems Hägglunds to study the implementation of the Iron Fist APS onto the CV9035NL since 2015.
BAE Systems is showcasing for the first time a version of the BvS10 all-terrain support vehicle at DSEI 2019, which will significantly streamline information load and increase situational awareness for crews. The versatile, tough BvS10 is fitted with a Generic Vehicle Architecture (GVA) equivalent system to increase the vehicle’s current operational capability and ensure critical upgrades quickly get to the battlefield. GVA is a NATO standard for operating systems in military vehicles employed by the UK Ministry of Defence and allied forces.
BAE Systems is unveiling a new ARCHER Mobile Howitzer at DSEI today that is highly adaptable to diverse terrains and battlefield conditions, giving it the flexibility needed to meet a wide range of mission requirements for militaries around the world.
BAE Systems has completed the first full rate production delivery of the CV90 Mjölner Mortar System to the Swedish FMV (Defence Materiel Administration), introducing a new capability to the fleet of CV90s by adding indirect firepower. The first four vehicles will be handed over to the Swedish Army in September following the recent delivery that met schedule, budget and quality requirements. With a name that is derived mythically from “the Hammer of Thor,” the CV90 Mjölner consists of a mounted mortar system for mechanized battalions to increase indirect fire support.
BAE Systems’ chief executive Charles Woodburn will be among those running the gauntlet of human rights activists descending on London this week to protest at the ethics of Saudi Arabia after the murder of journalist Jamal Khashoggi. Saudi Arabia is one of the group’s largest export markets and its dealings with the regime are a fact of life for a big defence contractor. “We are a defence company.
FRANKFURT/BERLIN, Sept 5 (Reuters) - Private equity firm KKR is preparing for a stock market flotation or sale of German defence supplier Hensoldt in a potential 2 billion euro ($2.2 billion) deal, people close to the matter said. The buyout group has in recent weeks listened to bankers present options for exiting its investment, including a listing of 20-30% on the stock exchange or a sale to a defence group or private equity business next year, they said, adding KKR was expected to hire an adviser soon to help arrange a deal. KKR declined to comment.
FRANKFURT/BERLIN, Sept 5 (Reuters) - Private equity firm KKR is initiating preparations for a stock market flotation or sale of German defence supplier Hensoldt in a potential 2 billion euro ($2.2 billion) deal, people close to the matter said. The buyout group has in recent weeks listened to bankers present exit options, including a listing of 20-30% on the stock exchange or a sale to a defence group or private equity investor next year, they said, adding that KKR is expected to soon mandate an advisor to help organise the deal. KKR declined to comment.
The U.S. Air Force today launched its second GPS III satellite, the most powerful Global Positioning System satellite ever built. BAE Systems’ RAD750™ Single Board Computer , part of Harris Corporation’s navigation payload for GPS III prime contractor Lockheed Martin, will provide radiation hardened, high-performance onboard processing capability for the satellite’s mission.
BAE Systems, a global leader in electronic warfare, has received a Block 4 Modernization contract award from Lockheed Martin to enhance the offensive and defensive electronic warfare capabilities of the F-35 Lightning II fifth-generation fighter aircraft.
Located on the Nathan Deal Campus for Innovation in downtown Augusta, the Cyber Center is home to both commercial cyber companies and a number of cybersecurity and technology training programs. Present at the ribbon cutting were Al Whitmore, president of BAE Systems’ Intelligence and Security sector and Peder Jungck, vice president and general manager of BAE Systems’ Intelligence Solutions business.
The Indonesian Navy has selected BAE Systems’ Bofors 57 Mk3 naval gun system for the country’s KCR-60 fast-attack vessel program. The initial contracts with government-owned shipbuilder PT PAL Indonesia include four 57 Mk3 gun systems.
BAE Systems has launched its next-generation XTS® Guard 7, which provides U.S. intelligence organizations with secure access to geospatial imagery and data through multi-directional transfer of different data types across classified and unclassified domains.
BAE Systems announced the launch of its new Robotic Operations Center (ROC) to customize and deploy suites of software robots that automate high-volume, repetitive tasks in support of U.S. national security missions. The ROC, which builds on the company’s partnership with UiPath, leverages machine learning and robotic process automation (RPA) tools to transform large volumes of data into relevant and actionable intelligence and bring large-scale automation to IT operations. RPAs augment a human analyst’s capability by allowing them to focus on high-value tasks – rather than tedious and repetitive actions – leading to faster and better decision-making,” said Peder Jungck, vice president/general manager of Intelligence Solutions at BAE Systems.
BAE Systems has been awarded a Phase 2 contract to develop machine learning capabilities aimed to help the military gain better awareness of space scenarios for the U.S. Defense Advanced Research Projects Agency (DARPA). The goal of DARPA’s Hallmark Tools, Capabilities, and Evaluation Methodology (Hallmark-TCEM) program is to not only develop and evaluate tools and capabilities that increase an operator’s understanding of space events, but also enhance the ability to select effective courses of action for any given situation.
The U.S. Navy has awarded BAE Systems a prime contractor position on a new indefinite-delivery/indefinite-quantity contract to enhance maritime operations and flight safety systems aboard new construction aircraft carriers and large deck amphibious ships, to include refueling and complex overhaul ships.
Is BAE Systems plc (LON:BA.) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...