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Investing.com -- BAE Systems (LON:BAES), the London-based aerospace and defense company, has confirmed its financial guidance for the year, reflecting increased defense spending across all its markets. The company’s performance so far this year aligns with its expectations, as stated in its guidance issued in February 2025.
The company had predicted a rise in sales between 7% and 9%, and an increase in underlying earnings before interest and taxes from 8% to 10%.
BAE Systems does not foresee any significant impact from U.S. tariffs on U.K. imports. The company explained that most of the equipment it sells to the U.S. is manufactured domestically, relying largely on a U.S.-based supply chain.
Charles Woodburn, Chief Executive of BAE Systems, commented on the company’s robust start to 2025 and its commitment to uphold the guidance for the full year. He emphasized the company’s focus on delivering long-term program commitments to its customers.
At the same time, the company is investing in its business to enhance capacity, improve efficiencies and shape its portfolio to support future growth. The defense and security landscape is rapidly evolving, and BAE Systems is actively adapting to these changes.
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