BAE Systems Ups Forecasts on Record Defence Orders, Sees Growth

Britain’s most prominent defense company BAE Systems, upgraded its earnings guidance for 2023 to the growth of 10%-12%, saying increased global uncertainty had driven military equipment orders to a record level. Shares in the company jumped 4.9% to 979 pence at 0916 GMT, making them the most significant contributor to the FTSE 100’s early rise. … Continue reading BAE Systems Ups Forecasts on Record Defence Orders, Sees Growth