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BAE Systems PLC (BAES.L)

BAES.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

U.S. Army Awards Bae Systems $318 Million For Next Generation M88a3 Recovery Vehicle
Wednesday, 18 Sep 2019 

Sept 17 (Reuters) - BAE Systems PLC ::U.S. ARMY AWARDS BAE SYSTEMS $318 MILLION FOR NEXT GENERATION M88A3 RECOVERY VEHICLE.  Full Article

Babcock Group Wins Contract To Build Royal Navy Frigates - FT
Thursday, 12 Sep 2019 

Sept 11 (Reuters) - :BABCOCK GROUP WINS CONTRACT TO BUILD ROYAL NAVY FRIGATES - FT.  Full Article

BAE Systems Wins Defence Contracts Totalling 112 Mln Stg
Tuesday, 10 Sep 2019 

Sept 10 (Reuters) - BAE Systems PLC ::WINS CONTRACTS TOTALLING £112M TO SUPPORT SMALL BOATS ACROSS UK.BOATS IN SERVICE SUPPORT (BISS) CONTRACT AWARDED BY THE UK MINISTRY OF DEFENCE.FOUR INDIVIDUAL CONTRACTS VALUED AT UP TO £112 MILLION FORM PART OF WIDER MOD BISS AGREEMENT.CONTRACTS COVER MAINTENANCE AND SUPPORT OF MORE THAN 650 BOATS RANGING IN SIZE FROM FIVE TO 18 METRES.  Full Article

UK's CMA Not To Refer Rheinmetall Defence - BAE Systems Global Combat Systems Merger To Phase 2 Investigation
Thursday, 13 Jun 2019 

June 13 (Reuters) - UK's CMA::DECIDED NOT TO REFER RHEINMETALL DEFENCE UK LTD / BAE SYSTEMS GLOBAL COMBAT SYSTEMS LTD MERGER TO A PHASE 2 INVESTIGATION.  Full Article

British nuclear submarine yard reopens after brief evacuation
Wednesday, 10 Apr 2019 

Adds BAE Systems statement:.  Full Article

BAE Systems says nothing suspicious found in Barrow shipyard
Wednesday, 10 Apr 2019 

April 10 (Reuters) - BAE Systems PLC ::BAE SYSTEMS SAYS FOLLOWING AN EXTENSIVE SWEEP OF THE DEVONSHIRE DOCK COMPLEX IN BARROW, INCLUDING THE FOUR ASTUTE CLASS SUBMARINES IN BUILD, NOTHING SUSPICIOUS WAS FOUND.  Full Article

BAE Systems Wins $41 Mln U.S. Navy Contract For USS Anchorage Upgrades
Wednesday, 27 Mar 2019 

March 27 (Reuters) - BAE Systems PLC ::U.S. NAVY AWARDS BAE SYSTEMS $41 MILLION CONTRACT FOR USS ANCHORAGE UPGRADES.CONTRACT TO PERFORM ROUTINE MAINTENANCE AND MODERNIZATION OF THE AMPHIBIOUS TRANSPORT DOCK SHIP USS ANCHORAGE (LPD 23).THE ANCHORAGE WILL UNDERGO 12 MONTHS OF RESTORATIVE WORK AT BAE SYSTEMS’ SHIPYARD IN SAN DIEGO.CONTRACT INCLUDES OPTIONS THAT, IF EXERCISED, WOULD BRING THE CUMULATIVE VALUE TO $48.4 MILLION.  Full Article

BAE Systems Awarded U.S. Defense Advanced Research Projects Agency Contract
Wednesday, 20 Mar 2019 

March 20 (Reuters) - BAE Systems PLC ::U.S. DEFENSE ADVANCED RESEARCH PROJECTS AGENCY HAS AWARDED BAE SYSTEMS A PHASE 3 CONTRACT WORTH $3.1 MILLION.CONTRACT TO CONTINUE DEVELOPING AUTONOMY SOFTWARE TO IMPROVE RESILIENCY OF AIR MISSION PLANNING FOR MILITARY.  Full Article

BAE Systems Awarded F-35 Maintenance, Repair, Overhaul And Upgrade Contract
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - BAE Systems PLC ::BAE SYSTEMS PLC - AWARD OF F-35 MAINTENANCE, REPAIR, OVERHAUL AND UPGRADE CONTRACT.BAE SYSTEMS- CONTRACT IS FOR MAINTENANCE, REPAIR, OVERHAUL & UPGRADE SERVICES FOR F-35 AVIONICS, COMPONENTS FOR EUROPEAN, ASIA-PACIFIC, GLOBAL FLEET.BAE SYSTEMS - DEPARTMENT OF DEFENSE ASSIGNED REPAIR COMPONENTS TO SEALAND SUPPORT SERVICES, A JOINT VENTURE WITH UK GOVERNMENT AND INDUSTRY PARTNER.  Full Article

Rheinmetall To Create A Uk Based Joint Venture With BAE Systems
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Rheinmetall Ag ::RHEINMETALL AND BAE SYSTEMS TO CREATE A UK BASED LAND SYSTEMS JOINT VENTURE.RHEINMETALL AND BAE SYSTEMS TODAY ANNOUNCED THAT THEY HAVE SIGNED AN AGREEMENT TO CREATE A JOINT UK BASED MILITARY VEHICLE DESIGN, MANUFACTURING AND SUPPORT BUSINESS.NEW JOINT VENTURE WILL BE HEADQUARTERED AT BAE SYSTEMS’ FACILITY IN TELFORD, ENGLAND AND WILL SUSTAIN OVER 400 JOBS IN THE UK, AS WELL AS PRESERVE KEY TECHNOLOGY AND ENGINEERING SKILLS.RHEINMETALL WILL PURCHASE A 55 PERCENT STAKE IN THE EXISTING BAE SYSTEMS UK BASED COMBAT VEHICLES BUSINESS, WITH BAE SYSTEMS RETAINING 45 PERCENT.JV TO BE COMPLETED IN THE FIRST HALF OF 2019..  Full Article

BAE Systems wins $495 million U.S. defense contract -Pentagon

WASHINGTON, Sept 19 BAE Systems has been awarded a $495 million U.S. defense contract for receiver/processors and high band receivers in support of the ALR-56C Digital Upgrade, the Pentagon said on Thursday. (Reporting by Eric Beech; Editing by Mohammad Zargham)