All the updated news related to bae systems

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Scotland

Independent Scotland’s navy would support shipbuilding industry – Sturgeon

The navy in an independent Scotland would help to support shipbuilding in the country, Nicola Sturgeon has said. The First Minister was speaking after the UK Government announced plans to build five Type 26 frigates, at a cost of £4.2 billion, in ...

17 Nov 2022 at 14:13

City

FTSE 100’s small losses over 2022 help it outperform international markets

The UK’s FTSE 100 fell by just 0.7% in 2022 and the pound lost about 1.5 cents against the US dollar, after surviving a tumultuous year beset by war in Ukraine, post-Covid recovery and mini budget turbulence. London’s top index outperformed ...

31 Dec 2022 at 09:00

Scotland

Students stage sit-in urging university chiefs to drop arms investments

Students from Glasgow University have demanded the institution’s leadership stop investing in arms companies as they staged a sit-in responding to the hostilities in Gaza. A group of students from the group Glasgow Against Arms and Fossil ...

20 Nov 2023 at 17:10

City

BAE Systems on track for earnings hike as global conflicts boost orders

Defence giant BAE Systems has said it remains on track for a surge in annual earnings as countries increase military spending amid the conflict in Gaza and Russia’s war in Ukraine. The group – which builds ships, submarines and fighter ...

13 Nov 2023 at 09:32

City

BAE Systems confirms appointment of first female chair as profit rise

Defence giant BAE Systems has confirmed that Cressida Hogg will become its first female chair as the group launched a £1.5 billion share buyback programme. The UK’s largest defence contractor said Ms Hogg – who is currently chair of ...

28 Jul 2022 at 12:31

Official documents on £1.3bn navy submarine found in Wetherspoons pub – report

Official documents about a £1.3 billion Royal Navy “hunter killer” submarine were reportedly found in the toilets of a Wetherspoons pub. The Sun reported that files carrying details about the HMS Anson were left in The Furness ...

28 Apr 2023 at 23:19

Norwegian warships to be built in Glasgow in £10bn deal

Warships for the Norwegian navy will be built in Glasgow in a £10 billion deal, the Ministry of Defence has announced. Type 26 frigates will be constructed at the BAE Systems yard in the Govan area and will allow a fleet of ...

31 Aug 2025 at 12:49

Starmer hopes £10bn deal to build Norwegian warships in Glasgow is first of many

The Prime Minister has said he hopes a £10 billion deal to build Norwegian warships in Glasgow will be the first of many. Speaking to BAE workers in Govan, he signalled other countries could follow Norway and place orders ...

04 Sept 2025 at 19:46

Submarine HMS Anson makes maiden journey

Defence Secretary Ben Wallace has said he was “proud” to see the submarine HMS Anson make her maiden journey. The Astute Class nuclear-powered attack submarine, which was built at a cost of £1.3 billion, was formally ...

19 Feb 2023 at 13:53

Investigation launched after defence factory explosion

An investigation has been launched following an explosion at a factory belonging to Britain’s biggest defence firm. BAE Systems said the incident occurred at its site in Glascoed, Monmouthshire, South Wales, on ...

17 Apr 2024 at 15:01

PM hails nuclear ‘renaissance’ as minister says ‘we are running to catch up’

The Conservatives have overseen a “renaissance in the nuclear industry”, the Prime Minister has said after the minister in charge of the sector said the Government should have set out plans for its future ...

25 Mar 2024 at 14:08

Gaza protests at defence sites misguided, says Shapps

Pro-Palestinian protesters who target defence industrial sites in the UK are “misguided” and “naive”, the Defence Secretary has said. Grant Shapps spoke as he visited the BAE shipyard in Glasgow, which ...

09 May 2024 at 15:04

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