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The Latest Breaking News from Charles Woodburn

Boss of BAE Systems urges ministers to publish delayed military spending plan

CEO of UK’s biggest defence company says delay is holding back industry investment as BAE posts record sales

The Guardian - UK

King welcomes newest addition to Navy’s fleet of nuclear-powered submarines

Charles visited Barrow-in-Furness to read the Commissioning Warrant for the HMS Agamemnon.

Evening Standard

Record orders at BAE Systems as European defence spending rises

Weapons maker’s full-year pre-tax profits top £3bn and it expects sales of more than £30bn next year

The Guardian - UK

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BAE Systems to recruit more than 2,400 apprentices and graduates in 2025

The plans will boost the number of people in training with the defence giant to 6.500 – 15% of its UK workforce.

Evening Standard

How did CEO pay get so high in UK and can we do anything about it?

Median pay for a FTSE 100 boss rose to £4.19m in 2023, 120 times that of the average full-time worker

The Guardian - UK

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

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).

Fortune

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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

The Guardian - UK

BAE Systems breaks records as governments beef up defence spending

CEO Charles Woodburn tells the Standard Russia’s war in Ukraine is a reminder to investors of the importance of defence

Evening Standard

Ukraine says it's working with BAE to set up weapons production facility

Ukraine is working with major British defense company BAE Systems to set up a Ukrainian base to both produce and repair weapons from tanks to artillery, President Volodymyr Zelenskiy said on Tuesday.

Reuters

Former CBI boss to step down from BAE Systems board after taking charity role

Dame Carolyn first joined the group's board in March 2021

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