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BAE Systems PLC (BAES.L)

BAES.L on London Stock Exchange

450.10GBp
24 May 2019
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Latest Key Developments (Source: Significant Developments)

Magellan Aerospace Signs Agreement With Bae Systems For F-35 Aircraft Assemblies
Tuesday, 14 May 2019 

May 14 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AEROSPACE SIGNS AGREEMENT WITH BAE SYSTEMS FOR F-35 AIRCRAFT ASSEMBLIES.MAGELLAN AEROSPACE CORP - WILL CONTINUE PRODUCING F-35 LIGHTNING II HORIZONTAL TAIL ASSEMBLIES UNDER AN AGREEMENT WITH BAE SYSTEMS.MAGELLAN AEROSPACE - HORIZONTAL TAIL ASSEMBLIES PRODUCED AT MAGELLAN WILL BE USED ON CONVENTIONAL TAKEOFF AND LANDING (CTOL) VARIANT OF F-35.MAGELLAN AEROSPACE CORP - AGREEMENT IS CONTINUATION OF CONTRACT AWARDS MADE TO MAGELLAN BY BAE SYSTEMS.MAGELLAN AEROSPACE CORP - WITH ADDITIONAL QUANTITIES AWARDED, MAGELLAN WILL MORE THAN DOUBLE ITS HORIZONTAL TAILS PRODUCED THUS FAR FOR PROGRAM.  Full Article

CMA Considering If Rheinmetall Defense Acquisition Of BAE Systems Global Will Result In Competition Lessening
Monday, 15 Apr 2019 

April 15 (Reuters) - BAE Systems PLC ::UK'S CMA- CONSIDERING IF ACQUISITION BY RHEINMETALL DEFENSE UK LTD OF BAE SYSTEMS GLOBAL COMBAT SYSTEMS WILL RESULT IN LESSENING OF COMPETITION.  Full Article

BAE Systems Says Is Updating F-35 Electronic Warfare Systems
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - BAE Systems Plc ::UPDATING F-35 ELECTRONIC WARFARE SYSTEMS.SYSTEM UPDATE RESOLVES ISSUES WITH MANUFACTURING OBSOLESCENCE THAT WOULD HAVE OTHERWISE REQUIRED COSTLY REDESIGN WORK.  Full Article

BAE Systems To Continue Providing Operations, Support For U.S. Navy Under 5-Year Contract
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - BAE Systems PLC ::BAE SYSTEMS PLC - CO TO CONTINUE PROVIDING OPERATIONS AND SUPPORT FOR U.S. NAVY UNDER A FIVE-YEAR CONTRACT.BAE SYSTEMS-WILL ASSIST U.S. NAVY IN MAINTAINING, OPERATING MULTIPLE ELECTRONIC, COMMUNICATION, COMPUTING PLATFORMS UNDER 5-YEAR, $79.8 MILLION CONTRACT.  Full Article

U.S. Army Awards BAE Systems Contract Worth Up To $376 Mln
Tuesday, 18 Dec 2018 

Dec 17 (Reuters) - BAE Systems PLC ::PRESS RELEASE BAE SYSTEMS AWARDED DEVELOPMENT CONTRACT FOR MOBILE PROTECTED FIREPOWER.U.S. ARMY AWARDED BAE SYSTEMS CONTRACT WORTH UP TO $376 MILLION.UNDER CONTRACT, BAE SYSTEMS WILL PRODUCE 12 PROTOTYPE VEHICLES DURING EMD PHASE.  Full Article

Rolls-Royce To Supply MTU Generator Sets For Refurbishment Of Naval Vessels
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE TO SUPPLY MTU GENERATOR SETS FOR REFURBISHMENT OF UK TYPE 45 NAVAL VESSELS.IT IS TO SUPPLY 18 MTU SERIES 4000 DIESEL GENERATOR SETS TO BAE SYSTEMS AS PART OF THE POWER IMPROVEMENT PROJECT (PIP).  Full Article

U.S. Department Of Defense Selects BAE Systems To Help Develop Mission Technologies
Monday, 1 Oct 2018 

Oct 1 (Reuters) - BAE Systems PLC ::BAE SYSTEMS PLC - THE U.S. DEPARTMENT OF DEFENSE SELECTS BAE SYSTEMS TO HELP DEVELOP AND DELIVER NEXT GENERATION MISSION TECHNOLOGIES.  Full Article

Bae Systems' Contract With Qatar For Typhoon, Hawk Aircrafts Becomes Effective
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - BAE Systems PLC ::BAE SYSTEMS PLC - QATAR CONTRACT EFFECTIVE.BAE SYSTEMS - CONTRACT SIGNED IN DEC. 2017 BETWEEN CO, QATAR BECAME EFFECTIVE WITH RECEIPT OF FIRST PAYMENT ON SEPT. 18.  Full Article

Bae Systems Inc Selected By Lockheed Martin To Provide Flight Controls
Wednesday, 18 Jul 2018 

July 18 (Reuters) - BAE Systems PLC ::BAE SYSTEMS INC - BAE SYSTEMS SELECTED BY LOCKHEED MARTIN TO PROVIDE FLIGHT CONTROLS TO UPGRADE NEXT-GENERATION F-16 AIRCRAFT FOR UNITED ARAB EMIRATES.BAE SYSTEMS INC - PRODUCTION ORDERS FOR ABOUT 100 UNITS ARE THEN EXPECTED IN 2020 AND 2021, FOR UP TO A TOTAL OF 315 UNITS THROUGH 2028.  Full Article

BAE Systems wins Australian frigate contract
Friday, 29 Jun 2018 

June 29 (Reuters) - BAE Systems PLC ::BAE SYSTEMS - AUSTRALIAN GOVERNMENT SELECTED CO AS PREFERRED TENDERER TO DELIVER NINE SHIP FUTURE FRIGATE PROGRAMME FOR ROYAL AUSTRALIAN NAVY.BAE SYSTEMS PLC - PRODUCTION OF FIRST SHIP FOR ROYAL AUSTRALIAN NAVY IS EXPECTED TO START IN EARLY 2020S IN SOUTH AUSTRALIA.BAE SYSTEMS PLC - FINANCING DISCUSSIONS ARE IN PROGRESS FOR QATAR TYPHOON AND HAWK CONTRACT.BAE SYSTEMS PLC - ANTICIPATED FIRST PAYMENT FOR QATAR TYPHOON AND HAWK WOULD BE RECEIVED IN Q3 OF 2018.BAE SYSTEMS - AMENDMENT HAS BEEN MADE TO CONTRACT TO INCLUDE SUPPLY OF NINE HAWK ADVANCED JET TRAINER AIRCRAFT TO QATAR EMIRI AIR FORCE.BAE SYSTEMS PLC - DELIVERY OF FIRST HAWK AIRCRAFT TO QATAR EMIRI AIR FORCE EXPECTED IN 2021.  Full Article

UPDATE 2-BAE Systems says working to deliver Saudi contracts after Germany extends export ban

LONDON, May 9 Leading British defence firm BAE Systems said it was working with the government to deliver its contracts with Saudi Arabia after Germany extended its ban on exporting arms to the country.