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BAESystems


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Bae Systems Says Neowise Spacecraft Ends Mission After 14 Years In Space

BRIEF-Bae Systems Says Neowise Spacecraft Ends Mission After 14 Years In Space Aug 8 (Reuters) - BAE Systems PLC BAES.L : BAE SYSTEMS: BAE SYSTEMS-BUILT NEOWISE SPACECRAFT ENDS MISSION AFTER 14 YEARS IN SPACE Source text for Eikon: ID:nPn6v8jCVa Further company coverage: BAES.L
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Australian state-owned sub builder hit by more strikes at crucial shipyard

Australian state-owned sub builder hit by more strikes at crucial shipyard By Lewis Jackson SYDNEY, Aug 7 (Reuters) - Workers at Australian state-owned submarine builder ASC Ltd began a four-day strike on Wednesday, escalating a campaign for higher wages that threatens maintenance work on the aging submarine fleet Australia must rely on until its nuclear-powered AUKUS replacements arrive in the 2030s.
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Admiral Group, IAG, Keller Group

EUROPE RESEARCH ROUNDUP- Admiral Group, IAG, Keller Group Aug 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral Group, IAG and Keller Group, on Wednesday. HIGHLIGHTS * Admiral Group Plc ADML.L : HSBC raises target price to 2700p from 2625p * IAG ICAG.L : Citigroup raises target price to 245p from 225p * Keller Group Plc KLR.L : Deutsche Bank raises target price to 1800p from 1550p * OCI NV OCI.AS : JP Morgan raises to overw
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UK Stocks-Factors to watch on Aug 5

UPDATE 1-UK Stocks-Factors to watch on Aug 5 Adds new items, updates futures Aug 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 1.4%. * SENIOR: British aerospace engineer Senior Plc SNR.L posted a 10% rise in its first-half profit, buoyed by demand for commercial aircraft and higher defence spending.
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UK's Senior interim profit rises as Airbus contracts help mitigate Boeing concerns

UPDATE 2-UK's Senior interim profit rises as Airbus contracts help mitigate Boeing concerns H1 profit up 10% Sees mitigating lower Boeing sales in FY Declares interim dividend of 0.75p Rewrites with quotes from CEO call on Airbus, analysts comments, shares By Prerna Bedi Aug 5 (Reuters) - British engineering firm Senior Plc SNR.L posted a 10% rise in first-half profit on Monday as new and extended contracts with Airbus AIR.PA offset production issues with the Boeing BA.N 737 MAX.
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UK Stocks-Factors to watch on August 1

UPDATE 1-UK Stocks-Factors to watch on August 1 Adds new items, updates futures Aug 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * SHELL: Shell SHEL.L reported a 19% quarter-on-quarter drop in profit to $6.3 billion, reflecting weaker refining margins and oil and gas trading, though still beat analysts' forecasts.
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Markets brace for BoE cut, barrage of earnings

LIVE MARKETS-Markets brace for BoE cut, barrage of earnings Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . MARKETS BRACE FOR BOE CUT, BARRAGE OF EARNINGS European stocks are heading for a mixed start to Wednesday, as traders gear up for a potential rate cut from the Bank of England and a barrage of results out of the UK.
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BAE Systems confident on future growth despite UK defence review

UPDATE 2-BAE Systems confident on future growth despite UK defence review Sees FY EBIT up 12% to 14% Sees FY sales up 12% to 14% CEO confident despite UK defence review Shares flat Adds CEO comments in paragraph 1, 6-8, share price and analysts in paragraph 9 By Sarah Young Aug 1 (Reuters) - British defence group BAE Systems BAES.L on Thursday upgraded its 2024 forecasts on strong deliveries of military kit and benefits from a bolt-on acquisition in the U.S., as its CEO said he was confident on
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Bae Systems Sees FY Free Cash Flow Target Above 1.5 Bln Stg

BRIEF-Bae Systems Sees FY Free Cash Flow Target Above 1.5 Bln Stg Aug 1 (Reuters) - BAE Systems PLC BAES.L : HALF-YEAR REPORT INTERIM DIVIDEND OF 12.4P PER SHARE SEES FY FREE CASH FLOW TARGET >£1.5BN Source text for Eikon: ID:nRSA6746Ya Further company coverage: BAES.L
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UK's BAE Systems upgrades 2024 outlook

UK's BAE Systems upgrades 2024 outlook Aug 1 (Reuters) - British defence company BAE Systems BAES.L upgraded its 2024 forecasts on Thursday, boosted by strong operational performance and as it benefits from the acquisition of U.S. space-focused bolt-on Ball Aerospace earlier this year. Reporting by Sarah Young; editing by William James
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UK Stocks-Factors to watch on August 1

UK Stocks-Factors to watch on August 1 Aug 1 - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * INTEREST RATES: The Bank of England looks in a position to cut interest rates on Thursday after holding them at a 16-year high of 5.25% for the past year, though markets and economists are far from certain the British central bank will take the plunge.
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Drillers emit far more methane than US estimates, aerial survey shows

Drillers emit far more methane than US estimates, aerial survey shows By Valerie Volcovici WASHINGTON, July 31 (Reuters) - U.S. oil and gas basins are emitting around four times more planet-warming methane than federal regulators have estimated, according to the results of an aerial survey released on Wednesday by the Environmental Defense Fund. The study underscores concern among researchers and environmentalists that the petroleum industry’s contribution to climate change is much higher than
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Jet2, Natwest Group, Unilever

EUROPE RESEARCH ROUNDUP-Jet2, Natwest Group, Unilever July 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Jet2, Natwest Group and Unilever, on Monday. HIGHLIGHTS * BAE Systems BAES.L : Citigroup raises to buy from neutral * Drax Group Plc DRX.L : Morgan Stanley raises target price to 670p from 650p * Jet2 Plc JET2.L : HSBC raises target price to 2020p from 1980p * Natwest Group Plc NWG.L : Berenberg raises target price to 415p
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UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead July 26 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 29-Jul-2024 BMO PSON.L Pearson PLC Half Year 2024 Pearson PLC Earnings Release 30-Jul-2024 22:30 RIO.L RIO.AX Rio Tinto PLC Rio Tinto Ltd Half Year 2024 Rio Tinto PLC Earnings Release 30-Jul-2024 NTS FRES.L Fresnillo PLC Half Year 2024 Fresnillo PLC Earnings Release 30-Jul-2024 NTS BP.L BP PLC Q2 2024 BP PLC Earn
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Political storms won't curb military spending boom, defence firms say

Political storms won't curb military spending boom, defence firms say China, Russia threats to support defence spending, execs say Trump election win wouldn't concern industry, analysts UK's new Labour government positive for weapons makers French legislature gridlock worries industry By Joe Brock and Joanna Plucinska FARNBOROUGH, England, July 24 (Reuters) - Defence firms are confident Western governments will continue to increase spending on weapons to counter Russia and China, brushing off co
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Leonardo sees fighter jet project surviving UK defence review

Leonardo sees fighter jet project surviving UK defence review By Joe Brock FARNBOROUGH, England, July 23 (Reuters) - A British defence policy review will not derail a multibillion- dollar fighter jet programme being developed by Italy, Japan and the United Kingdom, according to an executive at Leonardo, one of the firms working on the project. Britain's BAE Systems BAES.L , Japan's Mitsubishi Heavy Industries 7011.T and Italy's Leonardo LDOF.MI are developing the Global Combat Air Programme (GCA
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Bae Systems Says To Deliver Advanced Microelectronics To U.S. Defense Industrial Base

BRIEF-Bae Systems Says To Deliver Advanced Microelectronics To U.S. Defense Industrial Base July 22 (Reuters) - BAE Systems PLC BAES.L : BAE SYSTEMS - TO DELIVER ADVANCED MICROELECTRONICS TO U.S. DEFENSE INDUSTRIAL BASE BAE SYSTEMS: OTHER TRANSACTION AGREEMENT VEHICLE HAS AWARDED CO'S FAST LABS RESEARCH AND DEVELOPMENT ORGANIZATION A $22 MILLION CO
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UK, Japan, Italy's GCAP designed for other partners to join, Leonardo director says

UK, Japan, Italy's GCAP designed for other partners to join, Leonardo director says FARNBOROUGH, England, July 22 (Reuters) - The British, Italian and Japanese Global Combat Air Programme (GCAP) is being developed such that it is open for other partners to join, a director of the programme from Leonardo LDOF.MI said on Monday. Italy's defence minister said in January the programme could be opened up to others at a later stage, with the likes of Saudi Arabia possible contenders.
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UK, Japan, Italy's GCAP project heading for next phase 'at pace', BAE says

UK, Japan, Italy's GCAP project heading for next phase 'at pace', BAE says FARNBOROUGH, England, July 22 (Reuters) - Britain's Global Combat Air Programme (GCAP), a partnership with Japan and Italy to build a new fighter jet, is heading for the launch of the design and development phase in 2025 "at pace", a BAE Systems BAES.L managing director said. British Prime Minister Keir Starmer said at the Farnborough Airshow earlier on Monday that he wanted to put "on record" the importance of GCAP, damp
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UK renews long-term complex weapons deal with MBDA

UK renews long-term complex weapons deal with MBDA FARNBOROUGH, England, July 22 (Reuters) - British defence minister John Healey has announced the renewal of a 6.5 billion pound ($8.40 billion), 10-year complex weapons partnership with MBDA, the European missile systems company. The deal with MBDA, which manufactures the Storm Shadow missile used by Ukraine, will deliver complex weapons faster and at lower cost, the government said in a statement on Monday.
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