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The Latest Breaking News from BAE Systems

Labour aims to raise defence spending to 2.5% of GDP

Starmer’s comments come before visit to Barrow, where he is to promise nuclear deterrent is ‘bedrock’ of security plan

The Guardian - UK

SpaceX launches advanced weather satellite for US Space Force (video)

SpaceX launched a mission for the U.S. Space Force April 11, sending aloft an advanced environment-monitoring satellite.

Space

Australia, Britain Vow AUKUS Nuclear-powered Subs Will Be Built

Under the fledgling AUKUS deal, the two countries along with the United States have pledged to beef up their military muscle in a bid to counter China's rise.

International Business Times

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Australia Invests Billions In Naval Infrastructure For AUKUS Submarine Project

Australia's investment in naval infrastructure and collaboration with AUKUS partners to enhance regional security.

Top News

Australia moves to prop up Aukus with $4.6bn pledge to help clear Rolls-Royce nuclear reactor bottlenecks in UK

Funding revealed on eve of government talks is in addition to billions of dollars to be sent to US

The Guardian - AU

Arms maker BAE Systems makes record profit amid Ukraine and Israel-Gaza wars

FTSE 100 company says global instability is making government focus on defence spending

The Guardian - UK

'A significant victory': Warship workers call off walkout following pay increase

Contractors at Scotstoun and Govan shipyards who are working on a new type of warship have called off planned strike action after agreeing a pay…

The National (Scotland)

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BAE Systems in line for potential windfall from Kazakhstan airline flotation

Air Astana, which is 49% owned by the British defence firm, announces plans to float on London stock market

The Guardian - UK

New £12m training academy to be built on banks of River Clyde

A NEW shipbuilding academy is to be built on the banks of the River Clyde to ensure Glasgow has the skills the industry needs for the future ...

The National (Scotland)

Glasgow shipyard workers to go on strike in pay dispute

SHIPYARD workers in Glasgow are to go on strike in a dispute over pay.

The National (Scotland)

UK factories help build the jets used by the Israeli military. They should be stopped

Politicians won’t listen – so a growing protest movement is working to end Britain’s contribution to the destruction, says author Amelia Horgan

The Guardian - UK

Biden administration says New Hampshire computer chip plant the first to get funding from CHIPS law

The Biden administration says it will provide $35 million to BAE Systems to increase production at a New Hampshire factory making computer chips for military aircraft

The Independent UK

Rights groups file legal challenge with UK court, urging a halt on British arms exports to Israel

Legal and human rights groups have filed a legal challenge with Britain’s High Court, calling for the U.K. to stop granting licenses for weapons exports to Israel

The Independent UK

Protesters blockade Scottish arms factory over Gaza bombardment

ACTIVISTS have blockaded a Scottish weapons factory in protest over the ongoing bombardment of Gaza.

The National (Scotland)

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StockNews.com

Rising Defense Demands Will Be a Boon for These 3 Industry Leaders

As year end approaches, we’ve seen a major change in the geopolitical conflict picture as larger scale confrontations draw out, and new confrontations involve larger, and more, players than over the past few decades. This uptick in real and potential nation state conflicts means the weapons of war and defense…

The National (Scotland)

Protesters disrupt conference in Glasgow as arms manufacturer joins panel

Protesters disrupted an economy conference in Glasgow over the war in Gaza.

The Independent UK

Students stage sit-in urging university chiefs to drop arms investments

University of Glasgow students chanted and held signs as they protested at the establishment’s management office.

The National (Scotland)

Scottish Enterprise faces questions over diligence on war-crime links

HUNDREDS of human rights checks have been made on companies seeking grants from Scottish Enterprise since 2019.

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Evening Standard

Hundreds of pro-Palestine activists blockade BAE Systems factory in Kent

More than 400 trade unionists are involved in the action at the site

The Conversation

What BAE's Ukraine deal shows about the risks and opportunities of setting up a business in a war zone

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.

Evening Standard

Zelensky: No peace until we take back Crimea

Ukrainian forces are also reported to have made more limited advances around the eastern town of Bakhmut

The Guardian - AU

British arms maker BAE Systems sets up in Ukraine

Manufacturer of much of the western equipment used against Russian invasion says it aims to produce artillery

Fortune

The top 100 bosses in the U.K. scored a pay hike of over $600k last year—the highest in six years

Among the highest paid CEOs were pharmaceutical giant AstraZeneca’s chief Pascal Soriot, with £15.3 million ($19.6 million), and defense company BAE Systems CEO Charles Woodburn, who earned £10.7 million ($13.7 million).

The Guardian - UK

Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

StockNews.com

4 Air Defense Stocks at the Top of Investors' Buy List

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….

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