|Bid||493.10 x 297300|
|Ask||493.20 x 436600|
|Day's Range||491.49 - 497.70|
|52 Week Range||439.40 - 680.20|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||15.77|
|Earnings Date||Jul 31, 2019|
|Forward Dividend & Yield||0.26 (5.34%)|
|1y Target Est||652.67|
Britain wants to see accountability for the murder of journalist Jamal Khashoggi and Saudi Arabia should investigate the death thoroughly and in a way that adheres to international laws, Prime Minister Theresa May said on Wednesday. Last week, a U.N. rights investigator said Saudi Crown Prince Mohammed bin Salman and other senior officials should be investigated over the murder, given credible evidence against them. "We do want to see accountability for this horrific murder... We expect Saudi Arabia to take the action necessary to ensure such violations of international and national laws can't happen again," May said in parliament.
BAE Systems, along with teammate Iveco Defence Vehicles, has been awarded a $67 million contract modification by the U.S. Marine Corps to develop new variants for the Amphibious Combat Vehicle (ACV) Family of Vehicles program for enhancing battlefield situational awareness and firepower. “The ACV has proven to be a versatile platform capable of numerous configurations to meet current and future mission requirements,” said John Swift, director of amphibious programs at BAE Systems.
The U.S. Navy has awarded BAE Systems a five-year, $90 million indefinite-delivery/indefinite-quantity contract to modernize and maintain C5ISR systems embedded within vehicles, watercraft, and specialized communications platforms.
Does the June share price for BAE Systems plc (LON:BA.) reflect what it's really worth? Today, we will estimate the...
The U.S. Senate on Thursday voted to block the sale of billions of dollars in military sales to Saudi Arabia, the United Arab Emirates and other countries, rejecting President Donald Trump's decision to sidestep Congress' review of such deals by declaring an emergency over Iran. Trump has promised to veto the Senate action in order to proceed with the deals, worth some $8.1 billion. Senators would need 67 votes to override his veto, which looked unlikely after Thursday's votes.
Leading British defence firm BAE Systems said on Thursday it would continue to support the government in its agreements it has made with Saudi Arabia following a court ruling that Britain had granted arms export licences unlawfully. "We continue to support the UK Government in providing equipment, support and training under government to government agreements between the United Kingdom and Saudi Arabia," BAE Systems said in a statement after the ruling, which does not halt exports but means Britain will pause issuing new licences. "We will assess the result of the UK Government's reconsideration of its decision-making on the basis set out by the court, once it has been made," it said, adding it complied with all relevant export control laws.
Iran would be the only beneficiary of any end to arms exports from Britain to Saudi Arabia, the kingdom's minister of state for foreign affairs said on Thursday, adding that the deployment of weapons in Yemen was legitimate. A UK court earlier found that Britain broke the law by allowing arms sales to Saudi Arabia that might have been used in Yemen's war. The ruling does not halt Britain's arms exports but means the granting of new licences will be paused.
Iran has created a grave situation and jeopardised global oil supplies with its aggressive behaviour, Saudi Arabia's minister of state for foreign affairs said on Thursday, adding that the kingdom was consulting with allies on next steps. The United States and Saudi Arabia are among countries that have blamed Iran for attacks on oil tankers near the Strait of Hormuz, a major transit route for global oil supplies. "I think the situation is very grave because of the aggressive behaviour of Iran," Adel al-Jubeir told reporters in London.
The UK has suspended granting new export licences for arms that might be used by the Saudi Arabia-led coalition in Yemen while it considers a landmark court ruling that found the government’s decision-making processes were unlawful. The Court of Appeal in London ruled on Thursday that the government had to assess whether the Saudi government violated international human rights law in its military campaign in Yemen before ministers approve further arms sales to the Gulf kingdom.
A British court on Thursday ruled that the British government had acted unlawfully in allowing arms exports to Saudi Arabia that might have been used in the conflict in Yemen. "The decision of the court today does not mean that licenses to export arms to Saudi Arabia must immediately be suspended," he said. The case was brought by the Campaign Against the Arms Trade against the British government.
Mr Turner was the person who promoted the sale of BAE’s 20 per cent stake in Airbus in 2006 for a giveaway fee. Mr Turner at the time as I recall accused people like me who opposed the sale (as a shareholder, like many of my work colleagues) of “being wedded to aerospace”. Some of us believe in building great companies, others believe in building great share prices.
BAE Systems has been awarded contracts by The Boeing Company to supply the Vehicle Management Control System and Identification Friend or Foe System for the MQ-25.
When BAE Systems chairman Roger Carr met US president Donald Trump in London this month it underlined the importance of the American market to the British defence group after its share price was hit by domestic political uncertainties. As the UK’s biggest defence company and a key supplier to the Pentagon, BAE is one of a handful of companies with genuine clout on both sides of the Atlantic. Its British factories build the rear fuselage for the US-led F-35 fighter jet programme and its American operations make amphibious assault vehicles for the marines.
Terms of the all-U.S. deal announced Sunday suggest investors are “agnostic” about the relative outlooks for the civil aerospace and armaments industries, Jefferies International analyst Sandy Morris said in a note on the combination. BAE’s price-earnings valuation, which trails behind Airbus, could also be boosted if Europe agrees to build a new warplane developed from the current Typhoon, in which the U.K. company is a key partner, he said.
British Prime Minister Theresa May will call on U.S. President Donald Trump to deepen transatlantic economic cooperation on Tuesday, saying a bilateral trade deal could make their partnership "greater still". At a meeting with 10 British and U.S. businesses at St James' Palace, the Queen's official residence, May will tell companies such as defence contractor BAE Systems and pharmaceuticals giant GlaxoSmithKline that greater cooperation would boost the two countries' economic partnership. "It is a great partnership, but one I believe we can make greater still," she will say, according to advance extracts from her office.
BAE Systems, Inc. has announced the purchase of the key assets of Riptide Autonomous Solutions , a Plymouth, Massachusetts-based provider of innovative, affordable unmanned underwater vehicle technology and solutions.
BAE Systems is a technology partner with robotic process automation leader, UiPath, in developing suites of software robots that its customers can use to automate high-volume, repetitive business processes.
BAE Systems has been named an Amazon Web Services Premier Consulting Partner. This designation is only awarded to AWS partners that demonstrate AWS Competency and deep experience working with government and commercial customers to build, migrate, and manage mission-critical workloads and applications on AWS.
The U.S. Defense Department has briefed Congress on a report on rare earth minerals as it looks to reduce American reliance on China, a Pentagon spokesman told Reuters on Wednesday, amid mounting concern in Washington about Beijing's role as a supplier. Although the Pentagon did not provide details of the report, it said the document was tied to a federal program designed to bolster domestic production capabilities through targeted economic incentives. Rare earths are a group of 17 chemical elements used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.
U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan. The Trump administration informed congressional committees that it will go ahead with 22 military sales to the Saudis, United Arab Emirates and Jordan, infuriating lawmakers by circumventing a long-standing precedent for congressional review of major weapons sales.
BAE Systems has achieved Amazon Web Services DevOps Competency Consulting Partner status. DevOps is a combination of practices and tools that enables users to evolve and deploy software at a faster pace than organizations using traditional software development and infrastructure management processes.