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BAE Systems Applied Intelligence (via Public) / Market update

Market update At a constant currency, Group sales and underlying EBIT growth expectations remain on track and the Group s full year 2021 guidance across all metrics remains unchanged. (1) Whilst there remain uncertainties arising from the COVID-19 pandemic, progress continues in combatting the virus under the vaccination programme in our major markets and our good operational performance underlines our overall confidence in the full year guidance. Air, Maritime, Electronic Systems and Intelligence and Security continue to perform strongly and there is positive momentum in Platforms & Services (US). Combat vehicle production across multiple platforms continues to ramp and is on track to meet agreed delivery schedules, and US ship repair performance is improving following COVID-19 and other disruptions experienced last year. Applied Intelligence has had a good start to the year with improved performance together with realised benefits from the restructuring.

After fanatical opposition to Brexit, it s time to scrap the CBI

After fanatical opposition to Brexit, it s time to scrap the CBI Britain s biggest business lobby group shattered its credibility over the EU referendum and is now losing the ear of companies too 17 May 2021 • 5:09pm It should reach out to the members who left over its hardline opposition to our departure from the European Union. It should bring the bosses who worked for Brexit back into the fold. And it should appoint Nigel Farage as its new spokesman, with Dominic Cummings doing the backroom work on policy. OK, I made that last one up. And yet Tony Danker, the new-ish director-general of the Confederation of British Industry, is doing everything he can to heal the bitter divide over Europe and move the voice of business  into the 2020s.

Rejoin the CBI, new boss Tony Danker urges Brexiteers

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