|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||77.06 - 79.70|
|52 Week Range||52.50 - 99.96|
|Beta (5Y Monthly)||0.48|
|PE Ratio (TTM)||26.03|
|Earnings Date||Jul 24, 2020|
|Forward Dividend & Yield||0.80 (1.00%)|
|Ex-Dividend Date||Dec 01, 2020|
|1y Target Est||127.30|
Defense giant (BA)has been awarded a new contract to supply the U.K., as the government begins the largest investment in the military since the Cold War. BAE stock rose around 1% in London trading on Monday, while shares in rival Thales Group, which has a history of supplying the U.K. military, fell near 3%. BAE is a FTSE 100 constituent and one of the world’s largest defense and aerospace companies.
France and the UK signed a joint contract for Thales to start the production phase of MMCM to deliver eight unmanned mine hunting systems
Defense and aerospace giant (BA) is one of the companies set to benefit from the U.K.’s new military spending plan, which will see the largest investment since the end of the Cold War. BAE stock rose 3% in London trading on Friday, after climbing near 2% higher on Thursday when the plan was announced. Shares in Thales Group, a French defense company that has a history of supplying the U.K. military, rose around 2% in Paris trading.