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    BA.   GB0002634946

BAE SYSTEMS PLC

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BAE : says ready to support new U.S., UK, Australia defence partnership

09/16/2021 | 05:00am EDT
FILE PHOTO: Trade visitors walk past an advertisement for BAE Systems at Farnborough International Airshow in Farnborough, Britain

LONDON (Reuters) - British defence company BAE Systems, which makes nuclear submarines for the UK, said it was ready to support a new defence partnership between the United States, Australia and Britain called AUKUS.

"As a company with a significant presence in all three markets we stand ready to support the AUKUS discussions as they progress," a spokeswoman for BAE Systems said in a statement on Thursday.

Under the new AUKUS deal, Australia will build eight nuclear-powered submarines.

(Reporting by Sarah Young; Editing by Alistair Smout)


ę Reuters 2021
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Analyst Recommendations on BAE SYSTEMS PLC
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Financials
Sales 2021 21 489 M 29 532 M 29 532 M
Net income 2021 1 432 M 1 967 M 1 967 M
Net Debt 2021 2 474 M 3 400 M 3 400 M
P/E ratio 2021 12,9x
Yield 2021 4,40%
Capitalization 17 784 M 24 417 M 24 440 M
EV / Sales 2021 0,94x
EV / Sales 2022 0,89x
Nbr of Employees 90 000
Free-Float 92,5%
Chart BAE SYSTEMS PLC
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 558,20 GBX
Average target price 631,99 GBX
Spread / Average Target 13,2%
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Managers and Directors
Charles Nicolas Woodburn Group Chief Executive Officer & Director
Brad Greve Group Finance Director & Director
Roger M. Carr Chairman
Steve Nicholas Millward Chief Information Officer
Benjamin Hudson Chief Technology Officer
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