The Latest Breaking News from BAE Systems

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.

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).

One of the biggest UK mergers of the year was unveiled today as Britain’s top defence contractor BAE Systems said it had reached an agreement to buy US firm Ball Aerospace in a $5.6 billion (£4.4 billion) deal.

CEO Charles Woodburn tells the Standard Russia’s war in Ukraine is a reminder to investors of the importance of defence

PHASA-35, with 35-meter wingspan, soars to over 66,000 feet, showcasing potential for intelligence and communication applications.