BAE Systems Raises Profit and Sales Guidance Amid Increased Orders
UKPulse Money Desk
BAE Systems, the UK defence group, has increased its profit and sales guidance following a surge in new orders.
- BAE Systems has lifted its profit guidance.
- The company has also raised its sales guidance.
- The changes follow a surge in orders for the UK defence group.
UK defence group BAE Systems has announced an increase in its profit and sales guidance. This adjustment comes after the company experienced a surge in new orders.
The defence contractor is reportedly benefiting from higher military spending, set against a backdrop of what is described as a 'highly volatile' global threat picture.