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Stock Market & Financial Investment News

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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July 29, 2014
09:02 EDTBAESYBAE Systems, March 1 announce partnership
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July 23, 2014
10:01 EDTBAESYBAE Systems awarded contracts worth $40M from U.S. Army
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06:23 EDTBAESYAirbus group submits bid as Denmark looks to replace F-16s, WSJ reports
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July 15, 2014
07:32 EDTBAESYRockwell Collins' Flight Control Module selected for Boeing 777x
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07:26 EDTBAESYUBS to hold events at Farnborough Air Show
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07:17 EDTBAESYFarnborough International to hold air show
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07:16 EDTBAESYCredit Suisse events at Farnborough Air Show
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07:04 EDTBAESYBoeing selects BAE for Integrated Flight Control Electronics system
Boeing (BA) has selected a BAE Systems (BAESY)-led team to provide electronics for the 777X flight control system through a procurement process. The system, known as the Integrated Flight Control Electronics and the Air Data Reference Function, will control the flight surfaces of the aircraft and integrate additional functionality unique to the 777X. BAE Systems is teaming with Rockwell Collins (COL) to bring this capability to Boeing. The 777X is scheduled to begin production in 2017 and first delivery is targeted for 2020.

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