The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 1,371.50
Bid: 1,372.50
Ask: 1,373.50
Change: -14.50 (-1.05%)
Spread: 1.00 (0.073%)
Open: 1,387.00
High: 1,394.50
Low: 1,368.00
Prev. Close: 1,386.00
BA. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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

Thu, 11th Jan 2024 22:38

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.

The mostly European and Asian shipbuilding companies that have demonstrated interest in the auction to construct the project must submit bids on Feb. 14, with the winning offer set to be announced on Feb. 20.

Vice Admiral Ernesto Colunge, president of the SIMA state shipping company which is part of the Navy, said the interested firms include South Korea's Hyundai Heavy Industries , Italy's Fincantieri, Spain's Navantia, France's Naval Group, Germany's Thyssenkrupp, Britain's BAE Systems and Damen Shipyards of the Netherlands.

"The call for bids has been launched to pick a strategic partner to develop the shipyard alongside SIMA," Colunge told Reuters, shortly after speaking at a shipping industry event in Lima. He described the potential bidders as all "first class" shipyard builders.

He said the new shipyard should improve the capacity of SIMA's existing infrastructure and also foment technology transfers to boost productivity.

Colungue did not offer an estimated cost for the new infrastructure project next to the Callao port, Peru's largest.

Peru's upgraded port infrastructure aims to attract more shipments, especially from Asian markets, as well as serve as an low-cost export hub for South American businesses, including from Brazil.

China's Cosco Shipping is building the massive Chancay port, located about 70 kilometers (44 miles) north of Callao and set to come online later this year, while SIMA aims to renovate its fleet by building 23 new ships as well as a new dock that would host cargo ship repairs from Chancay's future operations. (Reporting by Marco Aquino; Editing by David Alire Garcia and Rosalba O'Brien)

More News
17 Aug 2023 17:13

London stocks slip on defence drag, hawkish Fed minutes

Defence stocks fall as BAE Systems drags

*

Read more
17 Aug 2023 15:39

BAE says $5.5 bln Ball Corp deal will help it meet Ukraine-led defence demand

LONDON, Aug 17 (Reuters) - Britain's BAE Systems said its $5.5 billion purchase of Ball Corp's aerospace business would help it meet the soaring demand for munitions seen since the invasion of Ukraine, underscoring the impact the war has had on the sector.

Read more
17 Aug 2023 14:09

BAE snaps up Ball's aerospace arm for $5.6 bln in its biggest deal ever

BAE to fund deal using new debt and existing cash

*

Read more
17 Aug 2023 11:56

LONDON MARKET MIDDAY: Stocks down over US rate hike worries

(Alliance News) - Stock prices in Europe were lower at midday on Thursday, after the US Federal Reserve warned that a further interest rate hike may be on the cards.

Read more
17 Aug 2023 10:41

London midday: Markets subdued, but stocks bounce off lows

(Sharecast News) - Fresh concerns about US inflation and the Chinese debt crisis were weighing on market sentiment on Thursday, though the FTSE 100 was trading flat by lunchtime after bouncing off five-week lows in morning trade.

Read more
17 Aug 2023 08:53

LONDON MARKET OPEN: Stocks fall further after hawkish US Fed minutes

(Alliance News) - Stock prices in London opened in the red on Thursday, amid renewed concerns about further US interest rate increases.

Read more
17 Aug 2023 08:22

Ball Aerospace buy puts BAE in solid position, says Shore Capital

(Sharecast News) - BAE Systems was trading with heavy losses on Thursday after the news that it has acquired Ball Aerospace - a move which broker Shore Capital viewed as a vote of confidence for the wider defence industry.

Read more
17 Aug 2023 08:07

TOP NEWS: BAE Systems buys Ball Aerospace business for USD5.6 billion

(Alliance News) - BAE Systems PLC on Thursday said it has agreed to buy the Ball Aerospace business from Ball Corp for about USD5.55 billion, in cash.

Read more
17 Aug 2023 07:44

LONDON BRIEFING: BAE Systems to acquire Ball Aerospace for USD5.6b

(Alliance News) - Stocks in London are called lower on Thursday, as investors take fright at hawkish minutes from the US Federal Reserve.

Read more
17 Aug 2023 07:41

London open: Markets rattled by FOMC minutes

(Sharecast News) - UK stocks slipped on Thursday, following US and Asian markets lower overnight, as investors reacted to the possibility of further interest-rate hikes by the Federal Reserve.

Read more
17 Aug 2023 07:18

London pre-open: Stocks to slip on US rate-hike fears

(Sharecast News) - UK stocks were set to decline for the fifth straight session on Thursday after the minutes of a recent Federal Reserve meeting showed caution about taking the brakes off interest-rate hikes too soon.

Read more
17 Aug 2023 07:01

BAE buys Ball Aerospace for $5.5bn

(Sharecast News) - BAE Systems on Thursday said it had bought Ball Corporation's aerospace business $5.55bn in cash as it looked to cash in on higher government defence spending in the wake of Russia's invasion of Ukraine.

Read more
16 Aug 2023 22:01

PRESS: BAE Systems mulls USD4 billion buy of Ball aerospace arm

(Alliance News) - BAE Systems PLC is sizing up a possible move to acquire the aerospace division of Ball Corp in what would be the largest purchase by a London listing in the year to date, Bloomberg reported on Wednesday.

Read more
11 Aug 2023 12:56

Germany in talks with MBDA over delivery of cruise missiles to Ukraine -source

BERLIN, Aug 11 (Reuters) - The German government is in talks with arms maker MBDA about the delivery of Taurus cruise missiles to Ukraine, a security source told Reuters on Friday, echoing a report by Spiegel magazine.

Read more
11 Aug 2023 07:57

German government in talks with MBDA over delivery of cruise missiles to Kyiv -source

BERLIN, Aug 11 (Reuters) - The German government is in talks with arms maker MBDA about the delivery of Taurus cruise missiles to Ukraine, a security source told Reuters on Friday, confirming a report by Spiegel magazine.

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.