The Latest Breaking News from BAE Systems

More than 400 trade unionists are involved in the action at the site

A look at the impact on U.S. defense stocks from the wars launched by Russia in Ukraine and Hamas against Israel.

Amid the Russian invasion that has made the country into a war zone since February 2022, Britain’s largest defence contractor BAE Systems has recently set up a business in Ukraine. It has agreed to supply arms to Ukraine’s military and possibly set up local production facilities in the future.

Ukrainian forces are also reported to have made more limited advances around the eastern town of Bakhmut

Manufacturer of much of the western equipment used against Russian invasion says it aims to produce artillery

Among the highest paid CEOs were pharmaceutical giant AstraZeneca’s chief Pascal Soriot, with £15.3 million ($19.6 million), and defense company BAE Systems CEO Charles Woodburn, who earned £10.7 million ($13.7 million).

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

The air defense industry looks poised for long-term growth due to escalating international tensions, technological advancements, and higher defense spending. Therefore, it could be wise to buy fundamentally strong air defense stocks BAE Systems (BAESY), Textron (TXT), Cadre Holdings (CDRE), and CPI Aerostructures (CVU). Keep reading….

The stock market is not making much progress. Buffett stock plunges while Cisco leads the S&P 500.

Rouble rises 2% against dollar after Russia decides against capital controls and opts for informal agreement with exporters to help stabilise the currency, according to reports

BAE Systems today revealed plans to buy Colorado-based Ball Aerospace in a deal worth $5.6 billion (£4.4 billion).