Orders rise at defence giant, in line with global tensions

With global tensions rising, defence giant, BAE Systems, has reported a £10bn uplift in orders booked since it announced its half year results in August. In a trading update today, the group, which operates factories in Warton and Salmesbury, near Preston, building military aircraft, and a submarine building facility in Barrow, said group guidance has been confirmed, in line with the half-year upgrade, when it forecast an increase annual sales of +5 to 7% (2022: £23.256bn), a +6 to 8% increase in underlying earnings before tax, i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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