BAE Systems : Fine visibility but growth is stronger elsewhere
>A hint of optimism in the trading update - Unlike the comments from most US defence prime contractors following the Q1 2022 results, BAE Systems’ trading update did not mention any deterioration in its supply chain in recent months but indicated in particular that its contracts on long-term programmes give it strong visibility that facilitates management of lead times. Though it did not provide figures, the company announced that the order intake at the start of 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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