BAE Systems says strong demand underpins profit outlook

Reuters
2025.11.12 08:43
portai
I'm PortAI, I can summarize articles.

BAE Systems projects profit growth this year due to strong demand, including orders from Turkey and Norway, with over £27 billion in orders secured. The company warns of potential payment delays due to a U.S. government shutdown but reports no material effects on its U.S. business so far. Shares have risen 57% this year. CEO Charles Woodburn expresses confidence in the company's outlook, expecting sales to increase by 8-10% and operating profit by 9-11%.

Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.