BAE Systems plc

BA.

GB0002634946

Aerospace & Defense

Market Closed - London S.E. Other stock markets 16:35:26 05/12/2024 GMT			5-day change	1st Jan Change
1,247.00 ^GBX	-1.07%		-3.33%	+12.29%

12-05	Mbda and Leonardo sign MoU to integrate solutions in laser weaponry	RE
12-04	BAE Systems: $6 million contract with DARPA	CF

BAE Systems: starts construction of HMS Sheffield

November 29, 2024 at 09:48 am

BAE Systems announces that construction of HMS Sheffield, the fifth City-class frigate, has begun at the Govan shipyard in Glasgow.

This marks a key milestone for the Type 26 program, which supports nearly 6,000 jobs in the UK. The Minister for Defence Procurement, Maria Eagle, underlined the importance of these vessels for national protection and British economic development.

These frigates, designed for anti-submarine warfare and air defense, can also transport humanitarian aid and accommodate medical facilities.

The first four ships are in various stages of fabrication or outfitting, with HMS Glasgow due to enter service in 2028.

Copyright (c) 2024 CercleFinance.com. All rights reserved.

Go to the original article.
Legal disclaimer

Latest news about BAE Systems plc

Mbda and Leonardo sign MoU to integrate solutions in laser weaponry	12-05	RE
BAE Systems: $6 million contract with DARPA	12-04	CF
BAE Systems to Aid Secure Department of Defense Software Development	12-04	CI
BAE Systems: SPHEREx observatory tests completed	12-03	CF
Nozala Women Investments CEO to join South32 board	12-03	AN
BAE Systems: investing in learning & training	12-02	CF
BAE Systems, Inc. Completes Environmental Testing and Helps Advance NASA's Spherex Observatory Mission	12-02	CI
UK plans defence industrial strategy next year, seeking growth boost	12-02	RE
BAE Systems to recruit more than 2,400 apprentices, graduates in 2025	12-02	AN
FTSE 100 ekes out small gain as New York prospers	11-29	AN
FTSE 100 flat; "takeover juggernaut" lifts 250s	11-29	AN
BAE Systems: starts construction of HMS Sheffield	11-29	CF
Berenberg starts M&S at 'hold', Next at 'buy'	11-29	AN
Saudi Arabia likely to join Gcap hunting project - Tajani	11-27	RE
Saudi Arabia likely to join GCAP jet fighter project, Italy says	11-27	RE
US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips	11-25	RE
BAE Systems: successfully tests its autonomous submarine	11-25	CF
Fincantieri vying for prestigious contract in Norway	11-22	AN
BAE Systems: integrates electronic controls on JetZero	11-21	CF
Muted start as Fed cut bets dialled back	11-21	AN
US State Dept OKs potential sale of F-15 aircraft upgrade to South Korea, Pentagon says	11-19	RE
European stocks hurt by geopolitical tensions	11-19	AN
BAE Systems: contract with US Army for MCSKS system	11-19	CF
BAE Systems Announces to Develop Advanced Electronic Warfare Countermeasures to Protect U.S. Army Combat Vehicles	11-19	CI
BAE Systems: awarded $202 million in contracts by the US Navy	11-19	CF

Chart BAE Systems plc

Duration

Period

BA.: Dynamic Chart

Company Profile

BAE Systems plc is one of the world's leaders in designing, producing and marketing defense and aerospace systems and equipment. The activity is organized mainly around three families of products and services: - land-based equipment: combat vehicles, tanks, missile launchers, artillery systems, munitions, etc.; - electronic communication, navigation, and simulation systems. The group also offers ship and boat repair services; - aeronautical and marine equipment: aircraft, watercraft, submarines, etc. Net sales are distributed geographically as follows: the United Kingdom (26.2%), Europe (10.7%), the United States (42.2%), Saudi Arabia (10.6%), Qatar (2.8%), Middle East (0.9 %), Australia (3.7%), Asia-Pacific (1.7%), Canada (0.7%) and others (0.5%).

Employees

100,000

Sector

Aerospace & Defense

Calendar

16/02/2025 - IDEX Conference

More about the company