|Bid||484.80 x 0|
|Ask||485.20 x 0|
|Day's Range||480.70 - 490.50|
|52 Week Range||4.80 - 672.80|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||12.83|
|Earnings Date||Jul 30, 2020|
|Forward Dividend & Yield||0.19 (3.72%)|
|Ex-Dividend Date||Aug 06, 2020|
|1y Target Est||652.67|
It looks like BAE Systems plc (LON:BA.) is about to go ex-dividend in the next 3 days. Ex-dividend means that...
Britain's BAE Systems warned its 2020 earnings would fall due to COVID-19 disruption but said it would restart dividend payouts because it expected defence sector business to rebound in the second half of the year. The maker of Typhoon fighter jets, combat vehicles, warfare ships and Astute Class nuclear-powered attack submarines, said its defence business, which accounts for 90% of group revenues, was close to being back to pre-pandemic levels. "We expect our defence business to respond positively and deliver a second-half earnings performance very much in line with our original expectations for 2020," Chief executive Charles Woodburn told reporters.
BAE Systems received a $33 million contract from the U.S. Army to further develop its Long Range Precision Guidance Kit for 155 mm artillery shells.
The chief executive of Italian defence firm Leonardo said that other nations are interested in joining Tempest, the British-led project to build a new fighter jet with Italy and Sweden. Britain launched the project in 2018 and has since been joined by Italy and Sweden in a pact to co-operate on fighter jets and get Tempest off the ground as it vies with a rival Franco-German project to win a share of future military budgets. BAE Systems, Britain’s biggest defence company, UK engine maker Rolls-Royce, European missile maker MBDA and Swedish defence company Saab are amongst the companies working to develop Tempest, meant eventually to replace the Eurofighter Typhoon from 2040.
BAE Systems awarded a $32 million prototype agreement by the U.S. Army to integrate a Hybrid Electric Drive system onto a Bradley Fighting Vehicle
BAE Systems recently delivered software to DARPA as part of a contract under the agency’s Competency-Aware Machine Learning (CAML) program.
For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you...
Chief executives of eight defense companies including Lockheed Martin Corp and Raytheon Technologies Corp have asked the U.S. government to ensure that billions of dollars are not taken from the Pentagon's budget to shore up firms hit by COVID-19 without being replaced with new funds. Pentagon funds were given to defense companies to pay the salaries of highly skilled workers, preventing them from being laid off or poached by better-funded competitors. At least several billion dollars will be needed to replace the funds to be spent on supporting the workforce and other coronavirus-related adjustments, the companies said in separate letters to the Pentagon and White House.
Britain has complied with a court order over its decisions on granting export licences to sell arms to Saudi Arabia, its trade minister said on Tuesday, meaning it can once again issue new licences to export arms to the kingdom. The Court of Appeal last year concluded that Britain's government had erred in law in its decision-making processes on arms export licences to Saudi Arabia. Trade minister Liz Truss said the government had "now re-taken the decisions that were the subject of judicial review on the correct legal basis, as required by the Order of the Court of Appeal of 20 June".
Austria will ground its nearly 50-year-old SAAB fighter jets at the end of the year and solely rely on its Eurofighter warplanes from January, the defence ministry said on Monday. "The Republic of Austria will continue to pursue all legal means to achieve the goal of withdrawing from the Eurofighter contract and being compensated by Eurofighter," Defence Minister Klaudia Tanner said. "Pending the final court decision, no decisions will be taken with regard to air surveillance which would weaken Austria's position."
BAE Systems delivered its first next-generation radiation-hardened software defined radios enabled by its RAD5545 computer to Lockheed Martin Space.
BAE Systems has been selected to supply hundreds of electric hybrid power and propulsion systems for transit buses in New York City.
The following are the top stories on the business pages of British newspapers. The Times Simon Dingemans is joining Carlyle Group Inc, the international private equity house, as a managing director following his abrupt departure from Britain's accountancy watchdog Financial Reporting Council. The Guardian Capita, one of the major providers of outsourced services to the UK government, plans to cut at least 200 jobs amid financial difficulties exacerbated by the COVID-19 pandemic.
The U.S. Navy has awarded BAE Systems a contract to produce Vertical Launching System canisters with a total lifetime maximum value of $955 million.
Squad X prime contractor Lockheed Martin has awarded BAE Systems a contract to provide key autonomy and artificial intelligence capabilities.
BAE Systems successfully completed test fires of its APKWS® laser-guided rockets from a ground-based weapon system.
BAE Systems stock is a defensive play, since governments in major markets, including the U.S., are prioritizing defense during the coronavirus crisis, creating strong demand for its products
The U.S. Navy has awarded a $3.2 million contract to Data Link Solutions for new Multifunctional Information Distribution System (MIDS) terminals.
BAE Systems, Inc. was awarded a prime position for installing, integrating, and testing the Large Aircraft IR Countermeasures system on KC-130Js.