Report
Olfa Taamallah ...
  • Yan Derocles

BAE Systems : Trading update – Strong order intake momentum continues – FY 2023 guidance confirmed

>Book-to-bill already at 1.2x year to date - BAE Systems just released a trading statement where it underscored strong order intake momentum, with over £ 30bn booked year to date (vs £ 21.1bn over H1 2023) with four majors orders already booked so far in H2 2023 with i/ £ 3.9bn for the next phase of the SSN-AUKUS submarine programme, which is providing funding for development work out to 2028, ii/ $797m to begin AMPV full rate production, iii/ c.$ 800m under multiple ...
Underlying
BAE Systems plc

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Olfa Taamallah

Yan Derocles

Other Reports on these Companies
Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais

ResearchPool Subscriptions

Get the most out of your insights

Get in touch