BAE Systems raises annual free cash flow forecast by 50%
BAE Systems raised its annual free cash flow forecast by 50%, citing customer advances, and maintained its profit growth guidance as governments increase military spending.
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07:27:04 AM UTC
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Britain's biggest defence company BAE Systems LSE:BA. raised its annual free cash flow forecast by 50% on Thursday, benefiting from customer advances, while sticking to its profit growth guidance as governments increase military spending.