BAE Systems PLC
CNBC’s UK Exchange newsletter: A lament for the losses on Royal Bank of Scotland
This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and the key personalities shaping the news. The newsletter will also highlight other key developments in the U.K. that you won’t want to miss, plus a preview of […]
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Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers
Nicolai Tangen, CEO of Norges Bank Investment Management, addresses a press conference on his company’s annual results for 2024 at Norges Bank in Oslo, Norway, on January 29, 2025. Ole Berg-rusten | Afp | Getty Images Norway’s government is under growing pressure to let the country’s $1.8 trillion sovereign wealth fund invest in certain defense […]
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Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
New army recruits of the Bundeswehr, Germany’s armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany. Sean Gallup | Getty Images As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that […]
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Philips tumbles 7% after sales miss expectations; Europe stocks open mixed
BAE Systems says order backlog at record high as revenue rises 14% Britain’s largest defense firm BAE Systems said on Wednesday that its order backlog rose 11% to a record high at the end of 2024, as it reported a 14% increase in annual revenue for 2024. Operating profit rose 4% to £2.69 billion ($3.39 […]
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Defense stocks in an ESG portfolio? A profound — and controversial — shift seems to be underway
CEO of Swedish defence and security company Saab, Micael Johansson, speaks during the presentation of Saab’s interim report on February 9, 2024 in Stockholm. Jessica Gow | Afp | Getty Images Russia’s ongoing war in Ukraine has resulted in a profound shift in the way defense stocks are viewed by mission-driven fund managers, according to […]
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Democrats inquire Raimondo to move up enforcement on CHIPS funding
U.S. Secretary of Commerce Gina Raimondo testifies all through the Dwelling Science, House and Know-how Committee hearing titled “Chips on the Desk: A a person year critique of the CHIPS and Science Act,” in the Rayburn Constructing in Washington, D.C., on Sept. 19, 2023. Tom Williams | Cq-roll Simply call, Inc. | Getty Photos WASHINGTON […]
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This is wherever the previous $6 billion in CHIPS Act semiconductor award income is likely
The rollout of the Biden administration’s CHIPS Act award revenue has so significantly concentrated on supplying main awards for important corporations, with just 4 primary-edge semiconductor makers getting the lion’s share of the $33 billion that has been allotted to this place. Now, with $6 billion remaining, the focus is shifting to sending smaller awards […]
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Protection big BAE Programs joined to arms specials in countries accused of human rights abuses, report finds
A BAE Techniques Hawk taxying on a runaway. Peterfz30 | Istock | Getty Photographs LONDON — BAE Programs, the U.K.’s most significant protection contractor, has founded trading relationships with nations accused of human legal rights abuses, in accordance to a new report that reveals the substantial arrive at of its lucrative arms small business. In […]
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Goldman Sachs names 4 world-wide protection shares to view as geopolitical threats rise
Quite a few nations around the world have been beefing up their defense budgets in light of mounting geopolitical tensions, and Goldman Sachs has named many European stocks to engage in the concept right now. “We believe we are in the center of a super-cycle in defense paying,” the investment bank’s analysts, led by Victor […]
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Denver-Boulder area stakes a claim in space with a burgeoning aerospace industry
These giant white structures called radomes at Buckley Space Force Base in Colorado house massive satellite dishes. CNBC This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. In the shadow of the Rocky […]
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