BAESF News and Press, BAE Systems plc From 07/14/23

British engineers have successfully completed a stratospheric flight trial of BAE Systems’ High Altitude Pseudo Satellite (HAPS) Uncrewed Aerial System (UAS) - PHASA-35. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2023071...

2023-07-10 17:57:48 ET BAE Systems ( OTCPK:BAESY ) ( OTCPK:BAESF ) received orders from the U.K. government to increase production of weapons amid a worldwide shortage as Ukraine fights to expel Russian forces, the Financial Times reported on Monday. The 280-million-...

Newly-released research carried out by Oxford Economics shows the extent of BAE Systems’ contribution to the UK economy, including creating highly skilled jobs, funding world-leading research and sustaining a vibrant national supply chain. This press release features multimedia. View t...

2023-06-05 18:29:09 ET Summary General Dynamics Corporation first quarter results are pressured by supply chain challenges. The second half of the year should show a significant improvement. For the long-term investor, General Dynamics stock might just be what you are looking ...

The Czech Republic has successfully completed negotiations with the government of Sweden, the Swedish defense procurement organization FMV, and BAE Systems Hägglunds to buy 246 CV90 MkIV infantry fighting vehicles in seven different variants. The contract is valued at SEK 22 billion ($2.2 bi...

2023-05-09 18:03:36 ET Summary BAE Systems plc beat its free cash flow guide, which I already deemed to be conservative. The stock has appreciated significantly since my last coverage, but there is more upside. The company benefits from positive momentum in the Defense industr...

2023-04-14 20:00:00 ET Summary Mawer Investment Management is a privately owned, independent investment firm, managing over $67B in assets for individual and institutional investors across all major asset classes. Equity markets were resilient in the first quarter of 2023, finishi...

2023-03-31 17:39:06 ET BAE Systems ( OTCPK:BAESF ) was awarded a $132.49M modification contract for MK 41 vertical launching system (VLS) canister production and ancillary hardware. Work is expected to be completed by November 2025. The Naval Sea Systems is the contract...

2023-03-30 05:26:05 ET BAE Systems ( OTCPK:BAESF ) and Heart Aerospace, a Swedish electric airplane maker, announced a collaboration to define the battery system for Heart's ES-30 regional electric airplane. The ES-30 will also have a cost-effective and scalable...

Lightweight and groundbreaking battery for commercial electric airplane will enable efficient regional air travel BAE Systems, a leading aerospace and defense company, and Heart Aerospace, a Swedish electric airplane maker, announced a collaboration to define the battery system for Hear...