BAE Systems : Concerted optimism but still uncertainty on UK and US
>Optimism on the trend for military budgets - In yesterday afternoon's conference call on its major programmes, BAE Systems provided an update on its optimistic vision concerning the trend in military budgets despite the uncertainty surrounding its two biggest clients, the US and the UK (respectively 43% and 22% of 2019 revenues). As regards the US, the company believes that the transition will not impact on its expectations of a flattening budget environment, as the ...BAE Systems is a defense, aerospace and security solutions provider. Co. supplies defense equipment, electronics and services, and cyber, intelligence and security solutions for governments and commercial markets. Co.'s offerings include the: manufacture of Typhoon assemblies for European partner nations and other export customers; design and manufacture of sub-assemblies in the U.K. and provision of equipment in the U.S.; development of future air system capabilities, including unmanned air systems; maintenance, support and training for Typhoon aircraft in service with the U.K. and Saudi Arabian air forces; and design, manufacture and support of defense and commercial avionics equipment.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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