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News Breaks
May 7, 2014
06:22 EDTBAESYBAE Systems CEO says business trading in line with expectations
CEO Ian King says "In the U.S., the announced defense budget, while not yet finally agreed in detail, indicates spending reductions much as we had anticipated and points to a more predictable outlook than we have seen in recent years. In the U.K., our business continues to benefit from long-term, stable contracts in the maritime and military air sectors. Our robust year end order backlog of GBP42.7B, which benefited from the GBP9.3B of international business won last year, provides good visibility and performance in our international activities continues in line with plan. We continue to focus on program execution and on enhancing efficiency and affordability to ensure the Group is best positioned for the future."
News For BAESY From The Last 14 Days
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November 20, 2014
10:01 EDTBAESYBAE Systems awarded contract by DARPA valued at $3.2M
The U.S. Defense Advanced Research Projects Agency has awarded BAE Systems a contract to combat the rapid evolution of technological threats posed by U.S. adversaries. The work will aim to develop a new framework of reliable, jam-resistant networked communications as part of the Communications in Contested Environments program. Valued at $3.2M, the contract for a new open system architecture is for the first phase of DARPA’s C2E initiative.
November 18, 2014
05:36 EDTBAESYBAE Systems initiated with an Outperform at Credit Suisse
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November 17, 2014
10:01 EDTBAESYBAE Systems submits proposal for U.S. Army's CIRCM program
BAE Systems announced that it has submitted its proposal for the U.S. Army’s Common Infrared Countermeasure program. CIRCM is a lightweight, low-cost, and modular laser-based aircraft protection system, designed to protect U.S. rotary- and fixed-wing aircraft from infrared guided missiles.
November 14, 2014
12:31 EDTBAESYBAE Systems management to meet with Jefferies
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