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 aerospace giant BAE Systems

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updated Wed. March 20, 2019

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The UK Ministry of Defence has appointed an alliance team led by BAE Systems to deliver its Type 45 Power Improvement Project (PIP). BAE Systems joined with shipbuilding and conversion specialist Cammell Laird and naval design and technical support expert BMT to win the contract, the company ...
Protestors have blockaded the entrance to one of Bristol's biggest firms in protest at its links with Turkey following the death of a Bristol woman fighting for the Kurds in Syria. One worker at BAE Systems remonstrated with the protestors, after they stormed onto the grounds of the company's offices in Filton ...

The US Army has awarded BAE Systems a USD97 million contract for a combined order of Enhanced Night Vision Goggle (ENVG) IIIs and Family of Weapon Sight-Individuals (FWS-1s). The orders are part of a five-year USD434 million indefinite delivery, indefinite quantity (IDIQ) army contract for the ENVG ...
In addition to the design, BAE Systems is working on the ship's combat management system to support requirements of potential international customers. The CMS will add enhanced features through its open, secure, and flexible architecture, ensuring it can be upgraded as new technology is developed to ...
The former head of Crossrail will join BAE Systems later this year in a newly created role. Andrew Wolstenholme OBE will be group managing director, maritime and land UK from May 24. Mr Wolstenholme joins from Crossrail Ltd, where he led Europe's largest infrastructure project for the last seven years.
Arms manufacturer BAE Systems has recruited Andrew Wolstenholme for a newly-created role on its executive committee as group managing director, maritime and land UK. Andrew Wolstenholme has been chief executive of Crossrail for seven years but the £15bn project is approaching completion.

BAE Systems PLC (LON:BA) has lost out to Rheinmetall on a A$3.15bn order for armoured reconnaissance vehicles. The Australian defence ministry said it would enter exclusive final negotiations with Rheinmetall for the provision of 211 Boxer multi-role armoured vehicles. The vehicles will be built by ...
MARCH 13, 2018 — Joe Hudspeth is leaving his position as Vice President of Business Development at Bellingham, WA, shipbuilder All American Marine, Inc. effective March 16, 2018 and will soon be joining the Power and Propulsion Solutions division of BAE Systems as Director of Business Development, Global Marine.
BAE Systems plc (LSE:BA.) outperformed the aerospace and defense industry on the basis of its ROE – producing a higher 18.48% relative to the peer average of 11.34% over the past 12 months. However, whether this above-industry ROE is actually impressive depends on if it can be maintained.
TYSONS CORNER, VA, March 13, 2018 — BAE Systems has unveiled the design of its proposed Type 31e frigate for the U.K. government at the Doha International Maritime Defense Exhibition and Conference, ExecutiveBiz reported Monday. The company said Friday it worked with shipbuilder Cammell ...
BAE Systems poaches Crossrail chief to head maritime arm. Britain's biggest defence contractor will announce the appointment of Andrew Wolstenholme this week, Sky News learns. 15:11, UK, Tuesday 13 March 2018. illustration issued by BAE Systems of an exterior shot of the latest design for the Type. Image: BAE's ...
MOBILE, Ala. (AP) — BAE Systems shipyard in Mobile is laying off more than 150 employees by the end of June. WKRG-TV reports employees were told of the layoffs Wednesday. According to Karl Johnson, BAE's director of communications, ship repair operations will end effective immediately. And, he ...
BAE Systems has agreed a provisional sale of 48 Typhoon jets to Saudi Arabia – a deal which would secure thousands of jobs at the defence giant and its suppliers well into the next decade. Company chiefs, Defence Secretary Gavin Williamson and officials from the Gulf state have revealed a ...
The government minister responsible for the “northern powerhouse” has described campaigners who forced the arms firm BAE Systems to withdraw as a sponsor of a flagship arts festival in north-east England as “subsidy-addicted artists” and “snowflakes”. The Great Exhibition of the North, which will run ...
BAE Systems logo BAE Systems (LON:BA) had its price target reduced by research analysts at Deutsche Bank from GBX 730 ($10.09) to GBX 708 ($9.78) in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank's target price ...
It is currently in service in Sweden, Norway, Switzerland, Finland, the Netherlands, Estonia and Denmark, all with BAE Systems' Combat Vehicle 90 (CV90). "Our company is pleased and proud to be selected by Saab as the supplier-of-choice for the laser transceiver in the Saab UTAAS system.
The bid by BAE Systems is going head-to-head with German giant Rheinmetall, which wants to set up in Queensland. As pointed out by its own federal MPs, Queensland does not have a defence manufacturing history, while Victoria has up to 400 defence businesses employing 7000 people. The University ...

The application, built using the TerraGo Magic platform and available today from BAE Systems, offers iOS, Android and web apps that make it easy to securely capture and share field reports from any location. With GXP InForm, users can customize forms, maps and workflows so field applications can be ...
Let's talk about the popular BAE Systems plc (LSE:BA.). The company's shares maintained its current share price over the past couple of month on the LSE, with a relatively tight range of £5.42 to £5.94. However, does this price actually reflect the true value of the large-cap? Or is it currently undervalued, ...
BAE Systems Regional Aircraft has secured a three-year Fleet Support Services contract from leading Swedish carrier Braathens Regional Airlines (BRA) covering a total of 12 Avro RJs operated by the airline. The scope of the contract includes a renewal of the long-standing JetSpares customised rotable ...
BAE Systems logo BAE Systems (OTCMKTS:BAESY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, January 31st. According to Zacks, “BAE Systems is a global company engaged in the development, delivery and support ...
Marshall Aerospace and Defence Group has secured a contract to support the fleet of C-130 Hercules military transport aircraft operated by the Swedish Air Force. Awarded by the Swedish Defence Materiel Administration, the contract will require Marshall to provide depth maintenance services for the ...
BAE Systems has been awarded a contract worth $72m to upgrade the US Navy's Ticonderoga-class guided-missile cruiser, USS Philippine Sea (CG-58). BAE is set to perform modernisation and overhaul work on the CG-58 at the company's facility as part of the agreement. "Harris Corporation has been ...
Marshall Aerospace and Defence Group has secured a contract to support the fleet of C-130 Hercules military transport aircraft operated by the Swedish Air Force. Awarded by the Swedish Defence Materiel Administration, the contract will require Marshall to provide depth maintenance services for the ...
BAE Systems has been awarded a contract worth $72m to upgrade the US Navy's Ticonderoga-class guided-missile cruiser, USS Philippine Sea (CG-58). BAE is set to perform modernisation and overhaul work on the CG-58 at the company's facility as part of the agreement. "Harris Corporation has been ...
BAE Systems has reiterated its commitment to offer UK government export finance to Malaysia if the Southeast Asian country selects the Eurofighter Typhoon fighter aircraft for its next-generation air combat requirements. An official from BAE Systems in Kuala Lumpur told Jane's on 13 February that the UK ...
THE military is about to see a huge boost, with the Army's existing Australian Light Armoured Vehicle set to be replaced following a $5 billion LAND 400 defence contract. A frontrunner for the contract is BAE Systems Australia's AMV35 - a highly versatile combat reconnaissance vehicle, which is feared for ...
BAE Systems has received a $9.6 million contract from the U.S. Navy to modernize the guided-missile cruiser USS Philippine Sea (CG 58). The ship will undergo 10 months of work at the company's Jacksonville, Florida, shipyard and at nearby Naval Station Mayport. This docking selected restricted ...
L3 Technologies (L3) announced on 4 February that it had been selected by BAE Systems to support the company's bid for the Royal Australian Navy's Sea 5000 Future Frigate programme. L3 will work with BAE Systems' Power and Propulsion team by providing the Integrated Platform Management ...
The US Army's Defense Ordinance Technology Consortium (DOTC) awarded BAE Systems and General Dynamics Ordnance and Tactical Systems (GD-OTS) Phase 2 contracts for continued development of technologies to enable 155 mmm projectiles to perform against a broad spectrum of threats.
BAE Systems has continued to build its team in its Eurofighter Typhoon bid for the Belgian Air Component's (BAC's) Air Combat Capability Program (ACCaP). The company announced on 5 February that it had signed a formal co-operation agreement with Belgian firm Ignition! to develop an advanced ...
BAE Systems is offering a new air transportable Modular Bridging System for the region's militaries, particularly for military operations other than war (MOOTW) into the Asia-Pacific region. Simon Astley, Asia-Pacific head of communications, said that BAE Systems recognised the need for a bridging system ...
BAE Systems chose L3 to provide the IPMS, along with controls and instrumentation (C&I), for the nine Type 26 antisubmarine warfare ships proposed for the SEA5000 program; if the BAE Systems bid to the Australian navy is successful, the total value of this contract is AU$35 billion (approximately $27.4 ...
Speaking a day before the start of the Singapore Airshow 2018, John Brosnan, BAE Systems' managing director for Southeast Asia, and Alan Garwood, the company's business development director, said the group is experiencing expansion across the Asia Pacific and, in the recent past, some of its fastest ...
Bae Systems PLC logo Zacks Investment Research cut shares of Bae Systems (OTCMKTS:BAESY) from a buy rating to a hold rating in a report published on Wednesday morning. According to Zacks, “BAE Systems is a global company engaged in the development, delivery and support of advanced ...
TYSONS CORNER, VA, Jan. 31, 2018 — BAE Systems has delivered the River-class HMS Forth offshore patrol vessel to the U.K. defense ministry in preparation for its commissioning into naval service later this year, ExecutiveBiz reported Friday. The company said Thursday U.K. Defense Procurement ...
The last few weeks have seen a flood of company news hit the markets, as earnings season cranks into life. Several of the stocks in the SIF portfolio have been affected, some positively and some less so. This week we'll see how that news has affected the outlook for two of these shares, consumer goods ...
Defense contractor BAE Systems Hawaii has received a $14.2 million modification for a previously awarded contract from the U.S. Department of Defense for repair work of the USS Port Royal, a Ticonderoga-class guided missile cruiser. The DOD said the focal point of the work will be extensive aluminum ...
BAE Systems has received an $8 million deal to develop new precision-guidance kits to the Army aimed to improve the accuracy of 155-millimeter artillery munitions.Under the deal, announced Jan. 30, BAE is tasked with developing new kits to enable Army munitions… Already a subscriber or registered ...
The Be Inspired Business Awards, the BIBAs, winners toured the Academy for Skills and Knowledge run by BAE Systems at Samlesbury to see how the ... BAE Systems is a sponsor of the BIBAs Foundation, a fund set up by the awards to create an enterprising culture among young people in Lancashire, ...
BAE Systems has won an award to develop a precision guidance kit for 155mm artillery rounds used in such weapons systems as the M109 self-propelled howitzer shown here. (Gertrud Zach/U.S. Army). WASHINGTON — BAE Systems has received an $8 million contract to develop precision guidance kits ...
TYSONS CORNER, VA, Jan. 29, 2018 — BAE Systems has unveiled an updated version of its CV90 infantry fighting vehicle that the company plans to offer for the Czech Republic's armored vehicle procurement effort, ExecutiveBiz reported Thursday. The company said Wednesday the CV90 MkIV, which it ...
BAE Systems logo Shares of BAE Systems plc (LON:BA) dropped 0% during mid-day trading on Wednesday . The company traded as low as GBX 565.20 ($7.66) and last traded at GBX 565.20 ($7.66). Approximately 12,411,400 shares traded hands during trading, an increase of 96% from the average ...
BAE Systems took the opportunity at the IQPC International Armoured Vehicles 2018 conference in London to launch the CV90 MkIV, which is the latest member of its CV90 family of armoured vehicles. According to BAE Systems, the latest CV90 MkIV has a gross vehicle weight (GVW) of 37 tonnes – up ...
In the last 6 months the Spectris share price has risen 5%. That's a better performance than other industrial/technology companies such as Rolls-Royce Holding PLC (LON:RR) (RR.L), BAE Systems plc (LON:BA) (BA.L) and Micro Focus International plc (LON:MCRO) (MCRO.L). The Rolls-Royce share price ...
This is Magma, an unmanned aircraft, which – if successful – could lead to stealthier military drones, says Dr Matthew Forster, a university researcher who joined BAE Systems' computational department last year. “From a military point of view, this low observability is very useful. When there are no hinge ...
BAE Systems has received a new contract option for the upgrade of the US Navy's four additional Mk 45 naval guns. Valued at $46.8m, the contract modification involves the modernisation of the existing guns to the Mod 4 configuration for enhanced firepower and extended weapons range. The Mk 45 is a ...
Six more people have been charged in connection with an alleged tuition reimbursement scam allegedly conducted by former employees of BAE Systems in Fort Wayne, The News-Sentinel has learned. Stephanie Dates, Calvin Jamal Howell, David Rinderle, Latonya Smith, Amber Szanja and Nicholas ...
Australia-based industrial gear provider David Brown Santasalo will support BAE Systems' proposal to produce ships for the country's future anti-submarine warfare vessel development program. David Brown Santasalo said in a report it has committed to ensure the Australian industry maximizes its ...
BAE Systems introduced today the fifth evolutionary variant of the CV90 infantry fighting vehicle that embeds many of the upgrades and modifications designed through the evolution of the vehicle family. With a more powerful powertrain, rubber tracks and active vehicle dynamics, modular turret and the ...


 

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