Defence firm BAE expects improvement on last year as government orders rise

first_img whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org BAE SYSTEMS said it was making good progress in a statement released at yesterday’s annual general meeting, despite facing significant currency headwinds this year. The company said it expects earnings per share to be “marginally higher” than in 2014 with expectations of further naval and aircraft orders.BAE, like many defence firms, has faced increased pressure in recent years as governments cut back on military spending in the wake of the financial crisis. However, the UK’s biggest weapons and equipment firm has won significant contracts so far this year, including a £112m extension to its Typhoon deal and a £285m five year contract to supply night vision goggles. Despite this, the group’s significant exposure to the US dollar means it is prone to suffer from the recent exchange rate volatility. Last month the firm said it was looking to sell its US consultancy division.Ian King, chief executive, said: “Our business is making good progress in 2015. We continue to win new business, meet key milestones on our major programmes and develop technologies and skills that underpin our future success.” Express KCS whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushUndoTotal PastAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongTotal PastUndocenter_img Defence firm BAE expects improvement on last year as government orders rise Thursday 7 May 2015 9:07 pm Show Comments ▼ Share Tags: NULLlast_img

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