BAE Systems PLC (BAESY) Price

BAE Systems Wins $117.7M Navy Destroyer Contract

BAE Systems secured a $117.7 million contract from the U.S. Navy to modernize the USS Forrest Sherman destroyer, with the work scheduled for completion by August 2027.

BAE Contract Highlights Airspace Identification Risks

BAE Systems secured an $11 million contract to supply Identification Friend or Foe (IFF) systems for South Korea's KF-21 jets. This deal underscores a critical defense sector trend: the urgent need for modernized, reliable airspace deconfliction technology to mitigate operational risks.

Rocket Lab Expands Satellite Hardware Division

Rocket Lab is expanding into the mid-size satellite components market, supported by a government grant for new reaction wheel technology. The move places it in a competitive landscape marked by substantial venture capital investment and growing demand for satellite hardware.

BAE Systems Secures $1.7B Navy Production Contract

BAE Systems has secured a $1.7 billion contract from the U.S. Navy for its Advanced Precision Kill Weapon System (APKWS), signaling a significant ramp-up in precision munitions production to meet escalating global demand and reinforcing a bullish outlook for the defense sector.

BAE Systems Price Target Adjusted Amid Accelerating European Defense Spending