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The Latest Breaking News from BAE Systems

Sainsbury’s CEO among business leaders recognised in new year honours

Simon Roberts, credited with helping to turn around grocer, made CBE along with former BAE Systems boss Ian King

The Guardian - UK

‘A step-change’: tech firms battle for undersea dominance with submarine drones

As navies seek to counter submarines and protect cables, startups and big defence companies fight to lead market

The Guardian - UK

Pound falters as soft inflation tees up rate cut

Analysts say that there is potential for the Bank of England to resume cutting rates in December.

The Independent UK

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Starmer hopes £8bn Typhoon jet deal with Turkey is ‘not a one-off’

The Prime Minister thanked ‘world-class’ workers at BAE Systems.

Evening Standard

Turkey and the United Kingdom sign €9 billion deal to purchase 20 Eurofighter jets

Ankara and London signed a preliminary deal for the Eurofighters in July, which are manufactured by a consortium comprising the UK, Germany, Italy and Spain and led by Britain's BAE Systems.

Euronews

UK’s biggest weapons firm BAE grounds ‘lifeline’ aircraft delivering food aid

Exclusive: In the year they announced record profits, Britain’s arms maker has revoked licence to fly for planes taking supplies of food to starving people in South Sudan, Somalia and DRC

The Guardian - UK

FTSE 100 falters as investors mull outlook for UK economy

It comes as Rachel Reeves told Sky News that she is looking at both tax rises and spending cuts in the upcoming Budget.

Evening Standard

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UK universities offered to monitor students’ social media for arms firms, emails show

Loughborough, Heriot-Watt and Glasgow corresponded with companies concerned about campus protests

The Guardian - UK

3 Defense Stocks Surging as Ukraine Tensions Deepen

As the war in Ukraine approaches its fourth year with little progress being made, bullish tailwinds are setting in for European defense contractors.

MarketBeat

Meet the industry bosses running UK Government departments

THE former CEO of BAE Systems, the British Airways executive who oversees its lobbying team, the chairman of the Petrochemical giant Ineos and…

The National (Scotland)

Major defence contractor plans to cut jobs at Scottish MoD site

A DEFENCE contractor is reportedly consulting its staff at sites in Scotland and Wales on plans to cut 23 jobs ...

The National (Scotland)

King welcomes newest addition to Navy’s fleet of nuclear-powered submarines

Charles visited Barrow-in-Furness to read the Commissioning Warrant for the HMS Agamemnon.

Evening Standard

Dozens of jobs lost at BAE Glasgow shipyard weeks after £10bn warship deal

DOZENS of jobs are set to be cut by BAE systems in Scotland it has been announced, just weeks after a £10 billion warship deal was struck.

The National (Scotland)

Defense Giants Lockheed Martin And BAE Systems Reveal Ambitious Push Into Uncrewed Air Systems

Lockheed Martin Skunk Works (NYSE:LMT) and BAE Systems FalconWorks (OTC:BAESY) announced at the DSEI defense conference in London that they will partner on the development of uncrewed autonomous air systems.

Benzinga

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The Guardian - UK

Scotland bans arms companies that supply IDF from receiving financial aid

Devolved government says contractors seeking support must prove products will not be used by Israeli military

Evening Standard

Stocks post modest gains while gold pushes higher

Euronews

European stock markets are up, Novo Nordisk is among the winners

The major European stock indexes started the week in a positive mood, boosted by good news from the defence and pharmaceutical sectors. Meanwhile, new questions on Trump's tariffs are keeping traders around the world on edge.

The Independent UK

Keir Starmer secures £10bn warship deal with Norway

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The Guardian - UK

Norway signs £10bn deal for anti-submarine warships built in UK

MoD says agreement will support 4,000 jobs and ‘significantly strengthen Nato’s northern flank’

Evening Standard

FTSE posts new closing high as falls in defence stocks are offset by retail gains

In London, defence stocks fell sharply amid hopes of peace in Ukraine with Babcock International, BAE Systems and Rolls-Royce all down.

Evening Standard

FTSE 100 edges up ahead of Trump-Zelensky talks

Investors are focused on a speech by US Federal Reserve chief Jerome Powell, with hopes he will provide clues on Fed plans for interest rates.

The National (Scotland)

David Lammy told plan to bring arms firm staff into Foreign Office 'may be illegal'

DAVID Lammy is facing possible legal action over a plan to invite Shell and BAE Systems staff to work inside the Foreign Office ...

The Guardian - UK

David Lammy faces possible legal action over Foreign Office secondments

Campaigners say placing staff from Shell and BAE Systems in ministries creates potential for improper influence

Evening Standard

Stocks mixed but pound up after Bank of England rate cut

The FTSE 100 index closed down 63.54 points, 0.7%, at 9,100.77.

The Guardian - UK

Trump is fighting to kill off DEI – and the corporate cowardice over Gaza shows he’s winning

By silencing staff who condemn Israel’s actions while promoting themselves as champions of dignity and respect, businesses are failing, says Jinan Younis, founder of diversity, equity and inclusion agency WeCalibrate

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