|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||7.60 - 7.60|
|52 Week Range||5.52 - 7.60|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||24.36|
|Forward Dividend & Yield||0.24 (3.18%)|
|1y Target Est||N/A|
Italy Defence Minister Lorenzo Guerini said on Wednesday that the government intends to confirm its F-35 fighter jet investment programme. "Renewing our fleet is a need that cannot be postponed," Guerini, a member of the ruling Democratic Party (PD), said in an interview with Italian newspaper Il Corriere della Sera. "I can assure you that Italy's participation in the F-35 programme meets the objectives of effectiveness and efficiency of the military instrument," he said.
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.
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.
(Adds company news items and futures) May 10 (Reuters) - Britain's FTSE 100 index is expected to open 22 points higher at 7,229 on Friday, according to financial bookmakers, while FTSE 100 futures were ...
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. Reflecting the Saudi situation, Britain's biggest defence company noted that it remained subject to geopolitical uncertainties as it reiterated its earnings targets for the year. In March, Germany said it would extend for a further six months a ban on exporting arms to Saudi Arabia which has strained ties with fellow European arms exporters with whom German companies have joint programmes.
The Magma model is flown by blowing air from its engine at supersonic speeds through slots in the wings. The technology is lighter, more reliable and cheaper to operate than conventional control surfaces, such as wing flaps, rudders and ailerons, BAE says. Built by researchers at Manchester University using titanium parts 3D-printed by BAE, the aircraft has made a series of flights from Llanbedr Airfield in north Wales, a specialist site for drone testing run by Snowdonia Aerospace LLP.
A shipyard in Barrow-in-Furness, northwest England, that builds Britain's new generation of nuclear submarines reopened on Wednesday after being briefly evacuated due to an incident, defence company BAE Systems said. "Following an extensive sweep of the Devonshire Dock Complex (DDC), including the four Astute class submarines in build, nothing suspicious was found," the company said in a statement. It did not specify the nature of the incident but an unidentified source told The Mail, a publication based in Barrow-in-Furness, that the evacuation followed a warning about a bomb on one of the Astute-class submarines.
The evacuation of a submarine shipyard in northern England is not related to nuclear safety, Britain's Office for Nuclear Regulation said on Wednesday. Ambulances and police were on the scene in Barrow-in-Furness after a shipyard in northern England that builds Britain's new generation of nuclear submarines was evacuated. "We have been made aware of an incident at the BAE Systems site in Barrow," a spokesman said.
(Reuters) - British blue-chip shares fell on Thursday after downbeat reports from energy supplier Centrica and defence company BAE Systems, while a stronger pound weighed on multinational healthcare and ...