focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBAE Systems Share News (BA.)

Share Price Information for BAE Systems (BA.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,363.00
Bid: 1,365.00
Ask: 1,365.50
Change: 11.00 (0.81%)
Spread: 0.50 (0.037%)
Open: 1,359.00
High: 1,366.50
Low: 1,350.50
Prev. Close: 1,352.00
BA. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

David Cameron backs "strong partnership" with Australia for stability

Fri, 22nd Mar 2024 06:45

(Alliance News) - Foreign Secretary David Cameron has backed closer co-operation with Australia to provide increased security and Commonwealth stability.

Cameron was speaking in Adelaide after talks with his Australian counterpart Penny Wong and Deputy Prime Minister Richard Marles, along with Defence Secretary Grant Shapps.

The talks have seen the two countries sign a defence and security agreement as well as announcing a contract for London-based defence, aerospace and security company BAE Systems PLC in the building of nuclear-powered submarines as part of the Aukus agreement between the nations and the US.

"This is a strong partnership, but it has got so much stronger in recent years," said the Foreign Secretary. "I think the discussions have shown we share analysis, we share values.

"I also say we share a pretty concrete and clear plan of action that we are going to support Ukraine.

"It is vital in resisting Russian aggression, working together to stabilise the Middle East, getting aid into Gaza and bringing about the solution to that conflict."

He said the countries will work together to help small island states, particularly with green finance, with a special focus on the Commonwealth Heads of Government Meeting in Samoa in October.

"We are not just thinking about how we try and make sure that it is a successful heads of government meeting, but also the agendas we can pursue helping Commonwealth colleagues with the challenges they face, working together in the G20 to enhance the status, lending and ability of the development banks as they finance the sustainable development goals," he said.

"(We are) working together as we fight the rollback of rights that tragically is happening in our world, whether it is women's sexual, reproductive and health rights of gay rights and other rights, but above all, in the dangerous and uncertain and difficult world that we live in today, focusing on our mutual security.

"It is a time where friends and partners need to work even more closely together on the alliances we have and that is certainly the case with Britain and Australia."

When asked about the potential impact of Donald Trump's election to a second term as US president on the Aukus agreement, Cameron said the UK would "work with whoever becomes president."

"It is up to America who they choose as their president," he said. "It is a very important principle and foreign policy not to involve yourself in other countries and actions.

"Whatever relationship we're about, whatever part of the enterprise we are involved in, whether it is Aukus or whether it is NATO arrangements, the best thing we can do is get alliances, get projects into the best possible shape.

"Whoever is the new president can see they are waiting with a very successful set of arrangements."

Shapps said the two countries were united in "maintaining global, world-based order".

"Aukus is fundamentally about freedom of navigation," he said. "About ensuring the navy and oceans are capable of being sailed freely as they should be, including here in the Indo-Pacific. Including in the South China Sea."

Wong, who described the countries' relationship as "a partnership which has been transformed to meet the challenges of our times", said discussions included formalising increased co-operation on consular issues, crisis issues and gender-based violence.

"What happens in one part of our world affects us in another," she said. "What happens in the Indo-Pacific reverberates in Europe."

By Rob Freeman

Press Association: News

source: PA

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

Read more
29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

Read more
29 Jan 2024 07:51

Air Astana set to raise $120m by floating in London and Kazakhstan

(Sharecast News) - Air Astana, the flag carrier of Kazakhstan part-owned by BAE Systems that is applying for a dual listing in London and Almaty next month, has set a price for its IPO which is expected raise gross proceeds of $120m.

Read more
28 Jan 2024 01:55

US to announce billions in subsidies for advanced chips -WSJ

Jan 27 (Reuters) -

Read more
26 Jan 2024 07:57

Italy-UK-Japan fighter jet programme could open up to others - Italian Defence Minister

ROME, Jan 26 (Reuters) - Italy, Japan and Britain could open up a programme aimed at developing an advanced fighter jet to other countries, but at a later stage, Italy's defence minister said in an interview published on Friday.

Read more
21 Jan 2024 00:01

UK to upgrade warship defence missile system used in Red Sea

LONDON, Jan 21 (Reuters) - Britain's Ministry of Defence said on Sunday it would spend 405 million pounds ($514 million) to upgrade a missile system now being used by the Royal Navy to shoot down hostile drones over the Red Sea.

Read more
19 Jan 2024 09:29

Air Astana confirms plans for London listing as BAE sells shares

(Alliance News) - Air Astana JSC on Friday confirmed it plans to list shares as global depositary receipts in London and on two local exchanges in Kazakhstan.

Read more
19 Jan 2024 09:23

Kazakh carrier Air Astana to float in London in February

LONDON, Jan 19 (Reuters) - Kazakh carrier Air Astana confirmed its plan to float in London, aiming to raise fresh funds to help fuel its growth, and allowing its investors Kazakhstan's sovereign wealth fund and British defence giant BAE Systems reduce their stakes.

Read more
18 Jan 2024 15:14

London close: Stocks manage gains after deluge of updates

(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.

Read more
18 Jan 2024 09:16

LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
18 Jan 2024 08:49

LONDON MARKET OPEN: Stocks flat; Flutter rises on strong trading

(Alliance News) - Stock prices in London opened flat on Thursday, as investors failed to find positive catalysts after steep falls on Wednesday.

Read more
18 Jan 2024 07:41

LONDON BRIEFING: Flutter's US sales miss; Travis Perkins cuts jobs

(Alliance News) - Stocks in London are set to open flat on Thursday, following a sharp decline on Wednesday as investors pared back their bets on interest rate cuts.

Read more
12 Jan 2024 17:41

FTSE 100 ends higher as miners, defence stocks offset Burberry losses

Burberry falls on profit warning

*

Read more
12 Jan 2024 08:49

BAE Systems-backed Air Astana plots course for London float

(Alliance News) - Air Astana JSC on Friday announced it plans to pursue a listing in London and Kazakhstan, with backer BAE Systems PLC selling some shares during the process.

Read more
11 Jan 2024 22:38

European, Asian firms interested in bidding to build major Peru shipyard

LIMA, Jan 11 (Reuters) - The head of Peru's state-run shipping company on Thursday said nine foreign firms have shown interest in bidding to build a major shipyard next to the country's bustling Callao port, part of a push to attract more Pacific trade across Latin America.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.