BAE Systems is confident about the future. The British defense giant expects underlying earnings to grow by 8% to 10% this year, in line with its 2025 targets. In a world undergoing strategic restructuring, the group is banking on increased military budgets and continuing to invest to expand its production capacity. "We are delivering on our long-term commitments while preparing our portfolio to support future growth," said CEO Charles Woodburn. The group did not provide detailed quarterly results, but is in line with the favorable momentum for the sector as a whole.

In the wake of this, Deutsche Bank's comments were positive: "We anticipate renewed momentum for BAE shares, driven by a more positive US outlook, a possible re-engagement by the EU and the UK's upcoming strategic defense review, which is favorable to investment. Despite uncertainties surrounding the timing of major Typhoon orders from Saudi Arabia, Turkey, and Qatar, overall order momentum remains strong. We believe exposure to US tariffs is limited," an analyst said.