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BAE Systems PLC (BAES.L)

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Thu, May 9 2019

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.

BAE Systems reiterates guidance in face of geopolitical uncertainties

LONDON, May 9 Leading British defence contractor BAE Systems maintained its outlook on Thursday but said that its performance could be affected by ongoing political uncertainties, such as tension over its contracts with Saudi Arabia.

UPDATE 3-British nuclear submarine yard reopens after brief evacuation

LONDON, April 10 A shipyard in Barrow-in-Furness, northwest England, that builds Britain's new generation of nuclear submarines reopened on Wednesday after being briefly evacuated due to an incident, defence company BAE Systems said.

BAE Systems warns of risk from German stance on Saudi arms

LONDON Leading British defence contractor BAE Systems said German moves to block exports to Saudi Arabia could damage its major deals with the country and weigh on its financial performance.

UPDATE 4-BAE Systems warns of risk from German stance on Saudi arms

* Germany moves to halt Saudi exports after journalist killing

BAE Systems wins funding from U.S. Army to start production of new armored vehicles

Feb 19 Britain's defense company BAE Systems on Tuesday said it had won additional funding up to $575 million from the U.S. Army to begin production of its new armored vehicles that would replace the Vietnam War-era M113 fleet of personnel carriers.

RPT-BAE chairman: UK should be "critical friend" to Riyadh-Sky News

LONDON, Jan 26 The killing of Jamal Khashoggi and Yemen's war have hurt Saudi Arabia's reputation, the chairman of BAE Systems told Sky News, adding Britain as a "critical friend" could help Riyadh refocus on the development push it was making before those crises emerged.

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