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Americas
BAE Systems Profit Rises as Accounts Receivable and Orders Increase
BAE Systems has seen profits rise to £1.89bn in 2019, with revenues rising to £18.3bn – a nearly £2bn increase on 2018. According to the company’s full-year 2019 results, sales across the group saw a […]
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Europe
Ireland considering procurement of fighter jets
Last March, a number of Russian Tupolev TU-95 “Bear” bombers, also used as long-range maritime patrol planes, entered Irish airspace. The Ireland has a small defence budget which exceeds €1 billion next year, after the Department […]
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Defense Industry
Royal Navy To Build Five More Type 26 Frigates Amid Ukraine War
The UK Ministry of Defense has awarded BAE Systems a £4.2bn contract to manufacture the next five City-class Type 26 frigates for the Royal Navy in Glasgow. The Type 26 program is a UK-wide endeavor, […]
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