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BAE beats forecasts, sees 10% sales rise amid global tensions

BAE Systems reported better-than-expected full-year profits and said sales would grow further this year as the rise in geopolitical tensions drove increases in military spending by governments.

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BAE Systems expects higher sales on bigger defense budgets (OTCMKTS:BAESF)

BAE Systems expects higher sales on bigger defense budgets (OTCMKTS:BAESF)
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Arms Manufacturer BAE Systems Posts Record Earnings as Global Tensions Continue

BAE Systems' profits rose in 2023 due to military spending on the Russian invasion of Ukraine and the Israeli-Gaza war, and they expect this to continue in 2024.

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BAE profit jumps as Ukraine war boosts defence spending

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BAE Systems, Glasgow says frigate HMS Cardiff to enter water

The defence giant also revealed a growing order book of £58bn

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