Join our community of smart investors

BAE to flatline despite increased F-35 payback

The defence contractor is starting to see increased activity linked to the F-35 programme
BAE to flatline despite increased F-35 payback

The apparent eagerness of governments to ramp up defence spending once again emerged as the main message to come out of BAE Systems’ (BA.) latest results statement. New chief executive Charles Woodburn has been busy restructuring the business to help counter rising competition and reduced activity on the Typhoon and Hawk aviation production lines, and is now confident that Europe’s largest defence contractor is ideally positioned to reap the full benefits of the UK and US’s growing (and evolving) military aspirations.

IC TIP: Buy at 585p

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in