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BAE Systems plc (BAESF)
- Fool.co.uk
At over £13, is any value left in BAE Systems’ share price?
Despite rising steadily over recent years, BAE Systems’ share price still appears undervalued to me and looks set for continued strong growth. The post At over £13, is any value left in BAE Systems’ share price? appeared first on The Motley Fool UK.
- PA Media: Money
BAE Systems eyes ‘positive momentum’ from UK defence spending commitment
It came as the boss of the London-listed arms firm said it has seen a ‘strong’ operational performance and is on track to meet its targets.
- Reuters
UK defence firm BAE Systems confident on growth
Britain's BAE Systems said it was on track to meet guidance for higher earnings and forecast "further positive momentum" from a recent UK government commitment to raise defence spending. BAE's order book, like that of many western defence companies, has swelled over the last two years as governments have reacted to heightened geopolitical risk in the wake of the war in Ukraine and amid growing tensions with China. BAE, Britain's biggest military contractor which makes submarines and fighter jets and supplies munitions, said it was sticking to forecasts given in February for its earnings per share to grow 6%-8% in 2024 on revenues 10-12% higher.
