BAE Systems Raises Free Cash Flow Guidance for Second Time This Year
The U.K. arms maker lifted its free cash flow projection as orders climb, citing robust military spending by governments amid elevated geopolitical tensions. The supplied body is truncated before the revised projection amount.
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08:14:08 AM UTC
SquawkNews
Britain's biggest defence company BAE Systems LSE:BA. raised its annual free cash flow forecast by as much as 50% on Thursday, benefiting from customer advances, while sticking to its profit growth forecast as governments boost military spend.
08:22:32 AM UTC
SquawkNews
BAE Systems provides a safe haven in a defense sector where some rivals are issuing profit warnings, J.P. Morgan analysts write in a research note. The U.K. arms maker raised its 2026 free cash flow guidance for the second time this year. Chief Executive Charles Woodburn said order intake momentum…
By Mauro OrruBAE Systems raised its free cash flow projection for the second time this year as orders keep climbing thanks to robust military spending from governments at a time when geopolitical tensions remain elevated.The U.K. arms maker said free cash flow this year should come in at about 3 bi…