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The Latest Breaking News from BAE Systems

Dozens of jobs lost at BAE Glasgow shipyard weeks after £10bn warship deal

DOZENS of jobs are set to be cut by BAE systems in Scotland it has been announced, just weeks after a £10 billion warship deal was struck.

The National (Scotland)

Defense Giants Lockheed Martin And BAE Systems Reveal Ambitious Push Into Uncrewed Air Systems

Lockheed Martin Skunk Works (NYSE:LMT) and BAE Systems FalconWorks (OTC:BAESY) announced at the DSEI defense conference in London that they will partner on the development of uncrewed autonomous air systems.

Benzinga

Scotland bans arms companies that supply IDF from receiving financial aid

Devolved government says contractors seeking support must prove products will not be used by Israeli military

The Guardian - UK

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Stocks post modest gains while gold pushes higher

Evening Standard

European stock markets are up, Novo Nordisk is among the winners

The major European stock indexes started the week in a positive mood, boosted by good news from the defence and pharmaceutical sectors. Meanwhile, new questions on Trump's tariffs are keeping traders around the world on edge.

Euronews

Keir Starmer secures £10bn warship deal with Norway

IN FULL

The Independent UK

Norway signs £10bn deal for anti-submarine warships built in UK

MoD says agreement will support 4,000 jobs and ‘significantly strengthen Nato’s northern flank’

The Guardian - UK

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FTSE posts new closing high as falls in defence stocks are offset by retail gains

In London, defence stocks fell sharply amid hopes of peace in Ukraine with Babcock International, BAE Systems and Rolls-Royce all down.

Evening Standard

FTSE 100 edges up ahead of Trump-Zelensky talks

Investors are focused on a speech by US Federal Reserve chief Jerome Powell, with hopes he will provide clues on Fed plans for interest rates.

Evening Standard

David Lammy told plan to bring arms firm staff into Foreign Office 'may be illegal'

DAVID Lammy is facing possible legal action over a plan to invite Shell and BAE Systems staff to work inside the Foreign Office ...

The National (Scotland)

David Lammy faces possible legal action over Foreign Office secondments

Campaigners say placing staff from Shell and BAE Systems in ministries creates potential for improper influence

The Guardian - UK

Stocks mixed but pound up after Bank of England rate cut

The FTSE 100 index closed down 63.54 points, 0.7%, at 9,100.77.

Evening Standard

Trump is fighting to kill off DEI – and the corporate cowardice over Gaza shows he’s winning

By silencing staff who condemn Israel’s actions while promoting themselves as champions of dignity and respect, businesses are failing, says Jinan Younis, founder of diversity, equity and inclusion agency WeCalibrate

The Guardian - UK

‘There’s a bit of a queue forming’: how UK firms are enticing buyers for the next generation of fighter jets

Inside the hangars where robots are poised to keep the UK a top-tier military nation and continue more than a century of building military aircraft

The Guardian - UK

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The Guardian - UK

BAE Systems says it is ‘confident’ of receiving orders for Typhoon jets

Unite union had raised concerns over roughly 500 jobs in assembly lines due to a lack of future export orders

AAP

Protests, criticisms of anti-Semitism report continue

Critics of a report by Australia's anti-Semitism envoy Jillian Segal say it risks undermining free expression and marginalising already vulnerable communities.

The National (Scotland)

Ferguson Marine secures warship parts contract with BAE Systems

FERGUSON Marine has signed a contract with the defence firm BAE Systems to fabricate three structural parts for a Royal Navy warship ...

Kiplinger

The Best Aerospace and Defense ETFs to Buy

The best aerospace and defense ETFs can help investors capitalize on higher defense spending and hedge against the potential of a large-scale conflict.

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The Guardian - UK

Former UK civil service chief calls Xi Jinping a ‘dictator’ over Taiwan threats

Comments from Simon Case come as UK defence review highlights Chinese military exercises around Taiwan as driver of global instability

The Independent UK

Army widow sues Boeing for husband’s death in ‘uncrashworthy’ Apache helicopter disaster

Exclusive: Two years after 32-year-old Warrant Officer Stewart Duane Wayment was killed during a training exercise, his family remains ‘devastated,’ attorney Joshua Haffner told The Independent

The National (Scotland)

BAE given £9.2 million to create 300 shipbuilding jobs by Scottish Government

The Scottish Government has awarded BAE Systems more than £9 million in funding towards a training and skills academy to help create 300 jobs

Evening Standard

Stocks slide, oil jumps after Israel strikes Iran

The FTSE 100 index closed down 34.29 points, 0.4%, at 8,850.63.

Evening Standard

Europe ends largely higher after US jobs report

The American economy added more jobs than expected last month, although the pace of hiring eased, numbers on Friday showed.

The Independent UK

Key points of the Strategic Defence Review

The Prime Minister and Defence Secretary have announced the Government’s response to the Strategic Defence Review.

Evening Standard

AI, drones and missile defence investment part of UK new defence plans

The SDR marks the ‘most profound change for about 150 years in how you think about armies, navies and air force,’ one of the authors suggested.

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