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Stock Market & Financial Investment News

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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."
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August 20, 2014
17:21 EDTBAESYBAE Systems, General Dynamics, three others awarded $2.53B government contract
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