Airbus Is A $90 Billion Warning for Britain
Posted on Friday June 22, 2018
Airbus has warned it will reconsider its British presence if the country crashes out of the EU without a deal. History is in danger of repeating itself here, with the U.K. once again failing to recognize where its best industrial interests lie. A British company once owned part of Airbus and sold out on the cheap.
BAE Systems plc (LON:BA.): Does The -6.46% Earnings Drop Reflect A Longer Term Trend?
Posted on Thursday June 21, 2018
When BAE Systems plc (LON:BA.) released its most recent earnings update (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of itsRead More...
[$$] European Equities Market Talk Roundup
Posted on Wednesday June 20, 2018
The bank says it has “sensed a desire” from BAE to raise its self-funded research-and-development budget, possibly by about GBP100 million, partly to address near-term opportunities similar to the amphibious assault vehicle contract, which is potentially worth $1.2 billion. The catch is that such an increase in R&D will weigh on the company’s earnings growth and consequently BAE has been unwilling to commit to the expenditure, Jefferies says.
[$$] BAE wins $200m tanks contract from US
Posted on Wednesday June 20, 2018
has won a contract worth almost $200m to build 30 wheeled amphibious tanks for the US Marines. The amphibious combat vehicles can carry 13 embarked marines and three crew, along with two days of supplies, and will replace an ageing fleet in service since the early-1970s. “We regard it as a good important win for BAE, but not a game-changer,” said Sandy Morris, analyst at Jefferies.
