Tag: $BAE Systems

BAE Systems attracted record orders in 2025, and now the UK defense staple is setting its sights on years of growth amid a global ramp-up in spending.

Britain’s BAE Systems forecast slower earnings growth in 2024 after a 14% jump last year, when the defence company’s order backlog swelled to a record level driven by new submarine contracts and demand linked to Ukraine.

Dec 12 (Reuters) – Britain’s BAE Systems has won an $8.8 billion contract to maintain and operate a U.S. Army ammunition plant in Tennessee, the U.S. Department of Defense (DoD) said on Tuesday.