BAE SYSTEMS PLC S/ADR - BAESY STOCK NEWS

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BAE Systems PLC S/ADR (BAESY) is a global defense, security, and aerospace company that delivers a full range of products and services for air, land, and naval forces, as well as advanced electronics, security, information technology solutions, and support services.

The company recently secured a $79 million contract from the U.S. Marine Corps to build production representative test vehicles for the Amphibious Combat Vehicle Recovery (ACV-R) variant. The ACV-R will provide field support, maintenance, and recovery for the ACV family of vehicles, enhancing the Marine Corps' expeditionary capabilities.

BAE Systems' dedication to innovation, quality, and reliability has positioned it as a leader in the defense industry, with a strong focus on supporting military readiness and national security.

12/05/2023 01:00 AM

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Thousands of New Apprenticeships and Graduate Jobs Announced at UK’s Biggest Defence Company

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BAE Systems (BAES) to Recruit Record-Breaking 2,700 New Apprentices and Graduates in 2024

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09/13/2023 09:03 AM

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Sweden Awards BAE Systems $ 500 Million Contract for Additional 48 ARCHER Artillery Systems

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BAE Systems signs $500 million contract with Swedish Defence Materiel Administration for 48 new ARCHER artillery systems

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09/13/2023 06:47 AM

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RAF Invests in BAE Systems’ Most Advanced Fighter Pilot Helmet

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UK Ministry of Defence awards BAE Systems contract to develop Striker II Helmet Mounted Display for RAF Typhoon fleet.

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09/12/2023 06:51 AM

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BAE Systems: UK Ministry of Defence raises frontline battlefield munitions order to £410m

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BAE Systems secures £130m in new orders for munitions supply to UK MOD, increasing supply contract to £410m. Creates 200 new jobs. Boosts production rates and facilities. Supports defence industry and UK jobs.

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09/12/2023 04:48 AM

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Global Combat Air Programme Industry Partners Agree Next Steps on Collaboration to Deliver Next Generation Combat Aircraft

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Defence industry leaders in the UK, Japan, and Italy have agreed on a trilateral Collaboration Agreement for the Global Combat Air Programme (GCAP).

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08/17/2023 03:18 AM

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BAE Systems plc – Proposed acquisition of Ball Aerospace

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BAE Systems announces its acquisition of Ball Aerospace for $5.55bn in cash. The deal is expected to strengthen BAE Systems' multi-domain portfolio and provide growth potential aligned with US Intelligence Community and Department of Defense priorities. The acquisition is anticipated to have positive financial effects, including a revenue CAGR of 10% over the next five years and increased margins. The proposed acquisition will be funded through new debt and existing cash resources.

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08/17/2023 02:51 AM

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BAE Systems Signs Agreement to Acquire Ball Aerospace

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BAE Systems has announced a definitive agreement to acquire Ball Aerospace for $5.55 billion. The acquisition will enhance BAE Systems' portfolio in space and defense capabilities, aligning with customer priorities in the U.S. National Defense Strategy and U.S. Intelligence Strategy. Ball Aerospace's space-related programs account for approximately 70% of its revenues, with the remaining balance in mission-enabling technologies and R&D. The transaction is subject to customary closing conditions and regulatory approvals.

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07/14/2023 04:00 AM

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BAE Systems'; PHASA-35® Completes First Successful Stratospheric Flight

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07/11/2023 04:41 AM

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UK Ministry of Defence Invests £280m in Frontline Battlefield Munitions

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06/30/2023 04:55 AM

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BAE Systems: New Research Highlights Defence’s Contribution to British Jobs and the Economy

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FAQ

What is the current stock price of BAE SYSTEMS PLC S/ADR (BAESY)?

The current stock price of BAE SYSTEMS PLC S/ADR (BAESY) is $67.11 as of November 22, 2024.

What is the market cap of BAE SYSTEMS PLC S/ADR (BAESY)?

The market cap of BAE SYSTEMS PLC S/ADR (BAESY) is approximately 49.2B.

What does BAE Systems PLC S/ADR do?

BAE Systems is a global defense, security, and aerospace company offering products and services for air, land, and naval forces, advanced electronics, security solutions, IT services, and support.

What recent contract did BAE Systems secure?

BAE Systems recently secured a $79 million contract from the U.S. Marine Corps to build production representative test vehicles for the Amphibious Combat Vehicle Recovery (ACV-R) variant.

What is the focus of the ACV-R variant?

The ACV-R variant provides field support, maintenance, and recovery for the ACV family of vehicles, enhancing the Marine Corps' expeditionary capabilities.

Where is BAE Systems' ACV-R production and support taking place?

ACV-R production and support is taking place at BAE Systems locations in Stafford, Virginia; San Jose, California; Sterling Heights, Michigan; Aiken, South Carolina; and York, Pennsylvania.

What sets BAE Systems apart in the defense industry?

BAE Systems' dedication to innovation, quality, and reliability has positioned it as a leader in the defense industry, with a strong focus on supporting military readiness and national security.