BAE Systems named principal contractor for $1.96B sale to Kingdom of Saudi Arabia (15-Jul, timing uncertain) (1834.0000p, 0)
Burnham’s defence push puts UK-listed contractors in focus:
Second joint international contract has been awarded for Global Combat Air Programme for £4.6B (€52.50, +0.56)
BAE Systems awarded $49.3M US Navy contract (1982.0000p, 0)
Canada to co-announce ~10 countries that will back the Defence, Security and Resilience Bank - Reuters
UK's Royal Navy will procure at least six Common Combat Vessels, as part of the system that will replace the current Type 45 destroyers (earlier)
Erste Group initiates 8306.JP, TRGP; upgrades IBE.SM, MU; downgrades BA.LN, ENI.IM, NEE (earlier, timing uncertain)
European defense sector faces US pressure and German procurement setbacks:
StreetAccount Sector Summary - Industrials Pre Market
BAE Systems upgraded to buy from hold at Kepler Cheuvreux (1825.0000p, 0)
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