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LONDON — British defense group BAE Systems said on Wednesday it was on track to meet its full-year guidance, with air, maritime, electronic systems and intelligence and security continuing to perform strongly.
Chief Executive Charles Woodburn said the company’s good operational performance underlined its confidence in its guidance for top line growth and margin expansion this year, and its three-year cash targets.
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UK's BAE on track with air and maritime performing strongly Back to video
“Strategically, our geographically diverse portfolio is aligned to growing defense budget areas; we’re ramping up investment in self-funded R&D aligned to customer focus areas and we’re leveraging our leading capabilities in evolving markets to ensure we’re increasingly well placed to deliver for all our stakeholders,” he said.