BAE Systems plc

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  • 537.25p
  • -0.50p (-0.09%)


BAE Systems share price heads south amid Saudi Arabia concerns

BAE Systems down amid Saudi Arabia concerns

British defence giant updates on full-year performance

4 weeks ago


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About BAE Systems plc

BAE Systems Plc. (LON:BA) is a global defence, security and aerospace company, headquartered in London, the United Kingdom. It delivers products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and support services. The company operates in five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services US, Platforms & Services UK and Platforms & Services International.
BAE Systems was formed in 1999 by a £7.7-billion merger of Marconi Electronic Systems -- the defence electronics and naval shipbuilding subsidiary of the General Electric Company -- and aircraft, munitions and naval systems manufacturer British Aerospace.
BAE Systems is involved in several major defence projects, including the Eurofighter Typhoon, the F-35 Lightning II, the Queen Elizabeth-class aircraft carriers and the Astute-class submarine. Its key markets include Australia, India, the Kingdom of Saudi Arabia, the United Kingdom and the United States.
The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

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