The newly appointed Chairman of BAE Systems made a show of faith on Thursday after the group gave a weaker outlook for the year ahead in its final results. Sir Roger Carr, who was promoted from his previous role as a non-executive director at the beginning of this month, acquired himself a stake worth £200,000, buying 50,246 shares at 398.04p a piece. The military hardware manufacturer saw its share drop 8.3% on Thursday after it warned that profits in 2014 could fall by up to 10% on the back of pressures on US government spending.BAE said once it factored in the one-off benefit of a pricing settlement with Saudi Arabia on a Typhoon fighter jet deal, along with "continuing US budget pressures", earnings per share would fall by 5-10% next year, below the current consensus forecast.The group described its performance for the year as "solid", citing a 2% rise in sales and a 9% increase in earnings per share to 42p. Top Director BuysUtilitywise (UTW) Director name: Mr Geoff ThompsonAmount purchased: 100,000 @ 248.50p Value: £248,500BAE Systems (BA.) Director name: Mr Roger CarrAmount purchased: 50,246 @ 398.04p Value: £199,999Aberdeen Latin American Income Fund (ALAI) Director name: Mr Martin J GilbertAmount purchased: 110,000 @ 71.75p Value: £78,925Wood Group (John) (WG.) Director name: Mr Thomas BottsAmount purchased: 8,500 @ 714.00p Value: £60,690Murray Income Trust (MUT) Director name: Mr Neil RoganAmount purchased: 7,000 @ 764.25p Value: £53,498Wood Group (John) (WG.) Director name: Mr David WoodwardAmount purchased: 4,000 @ 722.00p Value: £28,880Anglo Asian Mining (AAZ) Director name: Prof John MonhemiusAmount purchased: 60,008 @ 19.10p Value: £11,462Top Director SellsShire Plc (SHP) Director name: Mr Graham HetheringtonAmount sold: 40,000 @ 3,334.25p Value: £1,333,700Trap Oil Group (TRAP) Director name: Mr Miles NewmanAmount sold: 11,601,700 @ 9.00p Value: £1,044,153Anglo Asian Mining (AAZ) Director name: Prof John MonhemiusAmount sold: 60,664 @ 19.00p Value: £11,526Baronsmead VCT 2 (BVT) Director name: Mr Clive ParrittAmount sold: 12,307 @ 93.00p Value: £11,446NR