BAE Systems Share Price (BA.)

This looks back to a good bargain price. All my stocks today have lost money due to the bond markets, Iran War, declining £ and leadership challenge. It’s a perfect storm. BAE is strong so have to keep the faith. Most resiliant to this climate so should see new investors.

Why are share dropping, I did think there is sentiment within the stock market they want distant themselves from defence stocks due to actions in the Gulf. Defence company order books are growing so no reason for over 20% drop in value.

the ministry of defence has signalled its intent to award bae systems a four-year contract worth up to gbp 4 million for the supply of artillery, howitzer and armoured vehicle weapons systems components, including parts for the 105mm light gun.

bab**** land defence limited, acting as agent on behalf of the mod, has published a notice of intent to negotiate a single-source contract with bae systems gcs international ltd under section 41 of the procurement act 2023.

the justification given is that “only bae systems gcs international ltd has significant niche expertise, knowledge, and acquired specific experience to undertake the manufacture, testing and supply” of the required components.

https://ukdefencejournal.org.uk/uk-to-award-bae-systems-artillery-components-contract/

Yes could be however really it’s clear that spending is needed and our naval fleet should be the pride of Britain not “toys” as Trump puts it. Investment has been cut for too long so unfortunately it’s a cost required to protect our economy in the current climate.

PE27. UK Government Defence spending uncertain - maybe?