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(Adds CEO comment, analyst comment, share price) By Sarah Young LONDON, Feb 18 (Reuters) - BAE Systems, the world's third-largest defence contractor by revenue, forecast that annual earnings would grow by up to 10 percent this year as military budgets recover and demand for cyber and
Read moreLONDON, Feb 18 (Reuters) - BAE Systems, the world's third-largest defence contractor by revenue, forecast that annual earnings would grow by up to 10 percent this year as defence budgets recover and demand for cyber and commercial electronics grows. BAE posted adjusted underlying earnings p
Read more* Oil executive appointed BAE chief operating officer * Seen in line to succeed Chief Executive King * Succession path mirrors one followed by King (Adds background, analyst comment, share price) By Sarah Young LONDON, Feb 15 (Reuters) - British defence firm BAE Systems
Read moreLONDON, Feb 15 (Reuters) - British defence firm BAE Systems named Charles Woodburn to the newly-created role of Chief Operating Officer, lining up the former oil executive as heir apparent for the chief executive's role. BAE's statement on Monday confirmed a story over the weekend that Woo
Read moreLONDON, Feb 14 (Reuters) - British defence company BAE Systems has picked former oil industry executive Charles Woodburn as heir apparent to Chief Executive Ian King, a source close to the situation said on Sunday. Woodburn, who has worked at oilfield services company Schlumberger and is cu
Read moreLONDON, Feb 13 (Reuters) - Britain must renew its submarine-borne Trident nuclear weapons system if it is to maintain its "outsized" role in world affairs, U.S. Defence Secretary Ash Carter said in comments published on Saturday. A decision on replacing the ageing fleet of four submarines w
Read moreKUWAIT, Feb 11 (Reuters) - Kuwait will sign a deal next week to buy Eurofighter jets, Kuwait's state news agency KUNA said on Thursday, citing the defence minister. Kuwait signed a memorandum of understanding in September to buy 28 Eurofighter jets, the consortium that makes the aircraft sa
Read moreWASHINGTON, Feb 10 (Reuters) - The Pentagon on Wednesday said it expects to reach agreement with Lockheed Martin Corp in March on contracts for the next two batches of F-35 fighter jets, orders worth about a combined $15 billion that will lower the cost of each warplane to below $100 million.Read more
(Corrects first and second paragraphs to show Air Force now saying six jets to deploy instead of four, and to show jets coming from Edwards Air Force Base instead of Nellis) By Andrea Shalal NELLIS AIR FORCE BASE, Nevada, Feb 4 (Reuters) - The U.S. Air Force will deploy six Lockheed M
Read more(Adds comments from sources, defence minister) ROME, Feb 5 (Reuters) - A multi-billion-euro contract that Italian defence group Finmeccanica was expected to sign last month with Kuwait for the sale of 28 Eurofighter jets has not been cancelled, a company spokesman said on Friday. Shar
Read more(Corrects second paragraph to show Air Force now saying F-35 will fly only at RIAT air show, instead of at Farnborough show as well) By Andrea Shalal WASHINGTON, Jan 26 (Reuters) - The U.S. Air Force on Tuesday confirmed that it will send a pair of F-35A fighter jets to two air shows
Read more(Adds details on British jets) By Andrea Shalal WASHINGTON, Jan 25 (Reuters) - The U.S. Marine Corps on Monday said it would send a pair of Lockheed Martin Corp F-35 fighter jets to two air shows in Britain this summer, a key milestone for the $391 billion weapons program after its t
Read moreWASHINGTON, Jan 25 (Reuters) - The U.S. Marine Corps on Monday said it will send a pair of Lockheed Martin Corp F-35 fighter jets to two air shows in Britain this summer - a key milestone for the $391 billion weapons program after its thwarted international debut in 2014. Some U.S. Air For
Read more** Defence company BAE Systems's shares down 0.9 pct, only FTSE 100 stock in negative territory, after Credit Suisse cuts rating to "underperform" from "neutral", largely on valuation grounds ** "Not the defence name to own," analysts say, highlighting stock's strong performance and concern
Read more** European defence cos Thales and BAE Systems up over 1.5 pct and 2nd and 3rd top gainers on Stoxx 600 industrial goods & services index after JP Morgan Cazenove backs cos ** Brokerage says rising U.S. & European defence spending due to events in the Middle East and related refugee crisis
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