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Big rises for BAE, Rheinmetall, Thales and Leonardo amid European push to support possible Ukraine peace dealBusiness live – latest updatesEuropean weapons company share prices surged on Monday as investors anticipated significantly higher spending aft…
Weapons maker’s full-year pre-tax profits top £3bn and it expects sales of more than £30bn next yearBritain’s biggest weapons manufacturer, BAE Systems, has reported record orders as the European defence industry gears up for increased spending sparked…
FTSE 100 company says global instability is making government focus on defence spendingIncreased military spending prompted by Russia’s war on Ukraine and the Israel-Gaza conflict helped the British weapons manufacturer BAE Systems to record profits la…
The United States Marine Corps has taken a significant step in modernizing its expeditionary capabilities with the award of a $211 million contract modification to BAE Systems for additional Amphibious Combat Vehicles. In a recent announcement, BAE Sys…
The Australian Army is ushering in a new era of military capability as soldiers undergo training to operate uncrewed M113AS4 Armoured Personnel Carriers (APCs) equipped with integrated remote weapon systems. This innovative development integrates Optio…
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BAE Systems features a prototype variation of the Armored Multi-Purpose Vehicle (AMPV) with a counter-drone system at AUSA 2023. The weapon’s manufacturer said that the AMPV Counter-Unmanned Aircraft System (CUAS) prototype, built on the same pro…
BAE Systems has integrated Rheinmetall-made L52 cannon on the M109A7 platform to provide the additional range required in large-scale combat operations. The upgraded version of the combat-proven M109 self-propelled howitzer modified with the Rheinmetal…
Investors predict more instability in Middle East, as some flights to Tel Aviv are suspendedIsrael and Hamas at war – live updatesOil and gas prices rose on Monday and airline shares fell amid widespread flight cancellations as markets reacted to the s…
The British Army has received its first Swedish-made 155mm Archer artillery system, according to a recent service news release. The new Archer howitzer arrived by ship at the Marchwood Military Port in Hampshire. The British Army is buying Swedish-made…