BA.L - BAE Systems plc

LSE - LSE Delayed price. Currency in GBp
639.80
-19.80 (-3.00%)
At close: 4:35PM GMT
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Previous close659.60
Open658.80
Bid636.00 x 0
Ask636.40 x 0
Day's range634.80 - 663.20
52-week range5.69 - 672.80
Volume7,726,623
Avg. volume6,570,698
Market cap20.512B
Beta (5Y monthly)0.42
PE ratio (TTM)13.88
EPS (TTM)46.10
Earnings date20 Feb 2020
Forward dividend & yield0.28 (4.18%)
Ex-dividend date16 Apr 2020
1y target est652.67
  • How clearing its pension deficit is another strong sign for the BAE share price
    Fool.co.uk

    How clearing its pension deficit is another strong sign for the BAE share price

    Though perhaps not the most exciting news, I think the fact it will be clearing its pension deficit early as a string sign for BAE Systems.The post How clearing its pension deficit is another strong sign for the BAE share price appeared first on The Motley Fool UK.

  • Business Wire

    BAE Systems to Power Up to 600 Buses in Ireland with Emission Reducing Electric Propulsion Systems

    BAE Systems will power up to 600 buses in Ireland with emission reducing electric propulsion systems.

  • Want to retire wealthy? I’d buy these 2 FTSE 100 dividend shares for a rising passive income
    Fool.co.uk

    Want to retire wealthy? I’d buy these 2 FTSE 100 dividend shares for a rising passive income

    These two FTSE 100 (INDEXFTSE:UKX) stocks have the pedigree to deliver long-term dividend income growth.The post Want to retire wealthy? I’d buy these 2 FTSE 100 dividend shares for a rising passive income appeared first on The Motley Fool UK.

  • Reuters - UK Focus

    United Technologies, Raytheon offer EU concessions over $120 bln merger deal

    United Technologies Corp and Raytheon Co have offered concessions to address EU antitrust concerns about their plan to create a $120 billion U.S. aerospace and defence giant, a filing on the European Commission website showed on Monday. The companies submitted their concessions on Friday. The European Commission, which did not provide details in line with its policy, extended its deadline for a decision to March 13 from Feb. 28.

  • Why I would buy this FTSE 100 powerhouse now
    Fool.co.uk

    Why I would buy this FTSE 100 powerhouse now

    Jabran Khan explains why he is excited by this FTSE 100 defence specialistThe post Why I would buy this FTSE 100 powerhouse now appeared first on The Motley Fool UK.

  • An Intrinsic Calculation For BAE Systems plc (LON:BA.) Suggests It's 28% Undervalued
    Simply Wall St.

    An Intrinsic Calculation For BAE Systems plc (LON:BA.) Suggests It's 28% Undervalued

    Does the February share price for BAE Systems plc (LON:BA.) reflect what it's really worth? Today, we will estimate...

  • Why I’d buy the BAE share price for a dependable income stream today
    Fool.co.uk

    Why I’d buy the BAE share price for a dependable income stream today

    BAE Systems results for 2019 confirm what I already thought, that I'm looking at a top FTSE 100 income buy.The post Why I'd buy the BAE share price for a dependable income stream today appeared first on The Motley Fool UK.

  • Reuters - UK Focus

    UK PM Johnson reviewing government's engagement with business

    British Prime Minister Boris Johnson and his team are reviewing how best to engage with business, his office said on Thursday, after Sky News reported officials were keen to scrap the government's business advice councils. Sky reported Johnson was looking at overhauling five business councils set up in November 2018 by his predecessor Theresa May and that the existing structure was likely to be axed. Johnson has met the co-chairs of the business councils, who include Tesco boss Dave Lewis, BAE Systems Chairman Roger Carr and GlaxoSmithKline Chief Executive Emma Walmsley, only once since he took office in July.

  • Wanting to top up your State Pension? I’d buy this FTSE 100 dividend stock
    Fool.co.uk

    Wanting to top up your State Pension? I’d buy this FTSE 100 dividend stock

    Paul Summers highlights a FTSE 100 (LON:INDEXFTSE:UKX) stock he thinks should be on many soon-to-be retirees' radars. The post Wanting to top up your State Pension? I'd buy this FTSE 100 dividend stock appeared first on The Motley Fool UK.

  • Bloomberg

    BAE to Make $1.3 Billion Payment to Shrink Pensions Deficit

    (Bloomberg) -- BAE Systems Plc will make a 1 billion-pound ($1.3 billion) payment to fund a pensions black hole in coming months after Europe’s biggest defense firm reached an agreement with U.K. regulators.The maker of warships, missiles and Eurofighter warplanes had a pension shortfall of 1.9 billion pounds as of Oct. 31, and will make the debt-funded payment under a deficit-recovery plan that replaces one running until 2026, it said in a statement Thursday. BAE shares rose.A decade of falling global bond yields has hurt returns on pension-fund investments, while historic gains in longevity mean payouts are being made for longer. BAE, which negotiated the new plan with the U.K. pensions regulator and trustees, warned in November that a low bond-yield environment had reduced the accounting value of its pension reserves.“The pension agreement we’ve announced today is a really good outcome for all stakeholders and provides near term certainty for members and the company,” Finance Director Pete Lynas said on a call. The London-based company will most likely raise debt in U.S. bond markets, he said.Jefferies International analyst Sandy Morris said the deal is a major step in resolving a “long-running sore,” though it may stress the company’s balance sheet given BAE’s purchase of more than $2 billion in defense assets that Raytheon Inc. and United Technologies Corp. are selling as part of their merger.BAE traded 4% higher at 665.40 pence, the highest price since July 2018, as of 9:19 a.m. in London, taking gains this year to 18% and valuing the firm at 21.3 billion pounds.Top UpsBAE is due to pay an additional 240 million pounds into the pension pot for the year ending March 31, plus a similar amount by the end of the same month in 2021. Deficit contributions in the U.S. will be $80 million in 2020 and $40 million a year after that.While the bond environment continues to impact BAE’s pension position, asset returns are actually exceeding expectations and the latest assumptions on mortality have also lowered liabilities. The company based its 2017 and 2019 pension valuations on a maximum life expectancy of 89 years for a man aged 65; a one-year change in either direction results in a 1.3 billion-pound adjustment to the deficit, the company said.Lynas said BAE wouldn’t rule out seeking to buy out its pension plan entirely in the future, but that “it’s not something we’re looking at today.”The company announced the payment as it reported a 5% increase in underlying earnings before interest, tax and amortization to 2.1 billion pounds in 2019. For the current year, earnings per share are likely to grow by a mid-single digit percentage from 2019’s 45.8 pence, BAE said.The company said it’s working with industry partners and the U.K. government to fulfill contractual support arrangements with Saudi Arabia after Germany, a partner of BAE in projects including Eurofighter, banned exports to the Mideast country over the killing of Jamal Khashoggi. A follow-on sale of 48 of the fighters agreed in 2018 has been held up as a result.(Updates with further details on pension assumptions from 8th paragraph.)To contact the reporter on this story: Charlotte Ryan in London at cryan147@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Christopher Jasper, Andrew NoëlFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters - UK Focus

    BAE Systems CEO optimistic about future Typhoon orders

    The chief executive of BAE Systems is optimistic about the future of the Typhoon fighter jet, saying that more orders were possible. Charles Woodburn told reporters on a call on Thursday that there was an opportunity to sell more Typhoons to Germany as well as other countries. Asked about a British project to build a new fighter jet, a project which involves Sweden and Italy, Woodburn said that other countries could also join and the UK government was leading talks.

  • BAE Systems predicts 2020 growth despite Saudi ban
    Reuters

    BAE Systems predicts 2020 growth despite Saudi ban

    Britain's BAE Systems forecast another year of growth in 2020, saying the company was well-placed to take advantage of increased defence spending that could help to offset any future impact from a German ban on arms exports to Saudi Arabia. The maker of Typhoon fighters, combat vehicles and Astute Class nuclear-powered attack submarines, has been affected by a German ban announced in 2019 on exporting arms to Saudi Arabia. The export ban has put a question mark over a multi-billion pound deal to sell 48 Eurofighter Typhoon jets to Riyadh, built by a BAE-led consortium that also includes MTU Aero Engines and Airbus .

  • Reuters - UK Focus

    BAE Systems annual earnings meet forecasts, sees more growth this year

    British defence company BAE Systems posted annual earnings growth of 7%, in line with forecasts, and said that next year earnings would grow by a mid-single digit percentage, boosted by a ramp up in its activities in the United States. Earnings per share came in at 45.8 pence for 2019, at the upper end of a forecast for a mid-single digit rise on 2018's 42.9 pence, helped by an improved operational performance and a slightly lower tax rate.

  • Reuters - UK Focus

    Austria widens investigation into Eurofighter deal

    Austrian prosecutors said on Tuesday they have widened their fraud investigation in connection with a $2 billion Eurofighter jet purchase following a whistleblower's tip in December. The prosecutors launched investigations into Airbus and the Eurofighter consortium in February 2017 after the defence ministry said it believed they had misled the state about the price, deliverability and equipment of the 2003 deal. Airbus and the consortium, which includes Britain's BAE Systems and Italy's Leonardo, have denied the accusations.

  • Business Wire

    BAE Systems Expands Information Technology Modernization & Support to FEMA

    BAE Systems Inc. was awarded a $300 million contract to provide enterprise and mission-critical information technology support to FEMA.

  • Business Wire

    BAE Systems to Develop Advanced Analytics to Detect Weapons of Mass Destruction Threat Activity

    BAE Systems to develop advanced analytics technology for DARPA to assist in the detection and deterrence of weapons of mass destruction activity

  • No savings at 40? I’d buy these 2 FTSE 100 shares to get rich and retire early
    Fool.co.uk

    No savings at 40? I’d buy these 2 FTSE 100 shares to get rich and retire early

    I think these two FTSE 100 (INDEXFTSE:UKX) stocks offer bright long-term outlooks.The post No savings at 40? I'd buy these 2 FTSE 100 shares to get rich and retire early appeared first on The Motley Fool UK.

  • Looking for a second income stream? I’d buy these FTSE 100 dividend stocks
    Fool.co.uk

    Looking for a second income stream? I’d buy these FTSE 100 dividend stocks

    If you're aiming to build a passive income stream, I think these FTSE 100 stocks could help you retire early with their regular payouts. The post Looking for a second income stream? I'd buy these FTSE 100 dividend stocks appeared first on The Motley Fool UK.

  • Business Wire

    BAE Systems Wins Two Awards to Support the U.S. Navy with Enhanced Radio Communications & C5ISR Capabilities

    NAWCAD awarded BAE Systems with two separate contracts for C5ISR design and integration work aboard guided-missile destroyers and cruisers.

  • Top UK shares for February 2020
    Fool.co.uk

    Top UK shares for February 2020

    We asked our freelance writers to share their top stock picks for the month.The post Top UK shares for February 2020 appeared first on The Motley Fool UK.

  • 3 FTSE 100 dividend stocks I’d watch out for in February
    Fool.co.uk

    3 FTSE 100 dividend stocks I’d watch out for in February

    Paul Summers highlights three income favourites, all of which are due to report to the market in February. The post 3 FTSE 100 dividend stocks I'd watch out for in February appeared first on The Motley Fool UK.

  • Does BAE Systems plc (LON:BA.) Have A Good P/E Ratio?
    Simply Wall St.

    Does BAE Systems plc (LON:BA.) Have A Good P/E Ratio?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • BAE Systems shares: JP Morgan analysts just raised their target price to 730p
    Fool.co.uk

    BAE Systems shares: JP Morgan analysts just raised their target price to 730p

    BAE Systems (LON: BA) shares are up 12% this year so far. City analysts believe they can keep rising. The post BAE Systems shares: JP Morgan analysts just raised their target price to 730p appeared first on The Motley Fool UK.

  • Business Wire

    DARPA Selects BAE Systems to Build Powerful Next-Generation Advanced Electronics

    DARPA selects BAE Systems to build next-generation advanced electronics under Technologies for Mixed mode Ultra Scaled Integrated Circuits program.

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