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10.12.24 - 21:26
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US approves $300 mln potential sale of maintenance equipment to Kuwait (Reuters EN)
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US approves $300 mln potential sale of maintenance equipment to Kuwait Dec 10 (Reuters) - The U.S. State Department has approved the potential sale of vehicle maintenance equipment to Kuwait for an estimated $300 million, the Pentagon said in a statement on Tuesday. The prime contractors will be BAE Systems, Leonardo DRS, L3Harris Corporation, Northrop Grumman and RTX Corporation....
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09.12.24 - 21:15
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South Korea Slaps Travel Ban On President; Goldman Shows Possible Transition Scenarios (ZeroHedge)
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South Korea Slaps Travel Ban On President; Goldman Shows Possible Transition Scenarios
South Korean equities slid, and the won approached its weakest level since 2009 on Monday, following last week's political turmoil when President Yoon Suk Yeol briefly declared emergency martial law.
President Yoon survived Saturday's impeachment motion, but the Justice Ministry banned him from traveling overseas on Monday morning as investigations into his brief declaration of martial law begin.
Justice Ministry official Bae Sang-up told a parliamentary hearing that the president was prohibited from leaving the country following requests by police, prosecutors, and an anti-corruption agency.
AP News cited a senior National Police Agency officer who told reporters at a briefing that police can detain Yoon if conditions are satisfied.
Yoon's martial law speech last Tuesday called parliament a "den of criminals" for "attempting to paralyze" the government, adding to eliminate "shameless ...
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09.12.24 - 15:36
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Saab receives Giraffe 4A Radar order for the U.S. Air Forces in Europe (Cision)
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Saab has received an order from BAE Systems in support of the U.S. Air Forces in Europe for multiple Giraffe 4A radar systems. The contract value is approximately $48M (525 MSEK). Deliveries will start in 2027.
Giraffe 4A will provide long range surveillance and Air Base Air Defence in a highly mobile package for the U.S. Air Forces in Europe.
“Giraffe 4A is a multi-function radar that provides users a range of surveillance capabilities in support of comprehensive air defense,” says Erik Smith, President and CEO of Saab in the U.S. “This system will modernise the U.S. Air Force's...
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06.12.24 - 15:33
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BAE Systems signs $2.5 bln CV90 combat vehicles deal with Sweden, Denmark (Reuters EN)
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BAE Systems signs $2.5 bln CV90 combat vehicles deal with Sweden, Denmark Dec 6 (Reuters) - BAE Systems BAES.L has secured about $2.5 billion in contracts from Sweden and Denmark to deliver new CV90 combat vehicles, including 115 for Denmark and 50 for Sweden, the British defence company said on Friday. The agreement includes additional vehicles for Ukraine, financed by Denmark and Sweden....
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06.12.24 - 15:16
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Bae Systems Awarded $2.5 Billion In Contracts With Denmark And Sweden (Reuters EN)
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BRIEF-Bae Systems Awarded $2.5 Billion In Contracts With Denmark And Sweden Dec 6 (Reuters) - BAE Systems PLC BAES.L : BAE SYSTEMS: AWARDED $2.5 BILLION IN CONTRACTS WITH DENMARK AND SWEDEN FOR NEW CV90 COMBAT VEHICLES BAE SYSTEMS - UNDER CONTRACTS, DENMARK IS PROCURING 115 NEW CV9035MKIIICS, WHILE SWEDEN HAS AGREED TO ACQUIRE A TOTAL OF 50 NEW VEH...
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02.12.24 - 09:24
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As BAE Systems′ share price drops 14% should I buy more? (Fool)
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FTSE 100 defence giant BAE Systems recently reiterated strong growth guidance, leaving its share price looking significantly undervalued to me.
The post As BAE Systems' share price drops 14% should I buy more? appeared first on The Motley Fool UK....
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