{"id":44204,"date":"2026-05-21T15:17:58","date_gmt":"2026-05-21T15:17:58","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/44204\/"},"modified":"2026-05-21T15:17:58","modified_gmt":"2026-05-21T15:17:58","slug":"bae-systems-backs-outlook-as-defence-spending-surge-supports-growth","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/44204\/","title":{"rendered":"BAE Systems backs outlook as defence spending surge supports growth"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/05\/15cef1c3af1a4e51ad746d6532f9ff7c.jpeg\" alt=\"BAE Systems backs outlook as defence spending surge supports growth\" loading=\"eager\" height=\"539\" width=\"960\" class=\"yf-lglytj  loaded\"\/> BAE Systems backs outlook as defence spending surge supports growth Proactive uses images sourced from Shutterstock      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/finance.yahoo.com\/quote\/BA..l\" data-ylk=\"slk:BAE Systems PLC (LSE:BA.);elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;BAE Systems PLC (LSE&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">BAE Systems PLC (LSE:BA.)<\/a> said trading in early 2026 was &#8220;strong&#8221; and kept it on a trajectory to meet full-year forecasts, as rising global defence spending underpins demand.<\/p>\n<p class=\"yf-1fy9kyt\">The defence contractor expects sales to grow 7-9% in 2026 from last year&#8217;s \u00a330.7 billion, with underlying EBIT and earnings per share both seen rising 9-11%.<\/p>\n<p class=\"yf-1fy9kyt\">Free cash flow is forecast to exceed \u00a31.3 billion.<\/p>\n<p class=\"yf-1fy9kyt\">Guidance is unchanged from February, signalling steady delivery rather than any upgrade despite supportive market conditions.<\/p>\n<p class=\"yf-1fy9kyt\">BAE said\u00a0increased defence spending, especially in areas across its portfolio, &#8220;provides a supportive backdrop for growth over the medium term&#8221;.<\/p>\n<p class=\"yf-1fy9kyt\">Opportunities across the business are expected to be &#8220;significant&#8221;, including space systems, missile and air defence systems, drones and counter-drone technology, electronic warfare, combat aircraft, combat vehicles, frigates and submarines.<\/p>\n<p class=\"yf-1fy9kyt\">Recent order intake includes a \u00a32.5 billion contract to support T\u00fcrkiye\u2019s Eurofighter Typhoon fleet, more than \u00a31 billion of European air defence missile orders, and multiple US and Swedish awards for space systems, artillery and naval upgrades.<\/p>\n<p class=\"yf-1fy9kyt\">BAE said its financial position supports continued investment, dividends and share buybacks, with \u00a3930 million of a \u00a31.5 billion programme completed.<\/p>\n","protected":false},"excerpt":{"rendered":"BAE Systems backs outlook as defence spending surge supports growth Proactive uses images sourced from Shutterstock BAE Systems&hellip;\n","protected":false},"author":2,"featured_media":44205,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21224],"tags":[22496,21234,8160,22495,3867,7939,22497],"class_list":["post-44204","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bae","tag-air-defence-systems","tag-bae","tag-bae-systems","tag-defence-contractor","tag-defence-spending","tag-free-cash-flow","tag-global-defence-spending"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116613238166125533","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/44204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=44204"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/44204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/44205"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=44204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=44204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=44204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}