SAN DIEGO, Aug. 26, 2026 /PRNewswire/ -- BAE Systems (LON: BA) has received a $149.8 million firm-fixed-price contract from the U.S. Navy for the maintenance and modernization of the USS Boxer (LHD 4). The value of the contract could reach $180 million if all options are exercised.
FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems, Inc. has named Michael Loeffler as its vice president of supply chain, effective Aug. 24, 2026. Reporting to BAE Systems, Inc. President and CEO Tom Arseneault, Loeffler will serve as the supply chain leader across the organization. He will also serve as a member of the BAE Systems, Inc. senior leadership team. Loeffler will lead the company's su...
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BAE Systems PLC (LSE:BA.) upgraded its full-year guidance after higher defence spending helped lift first-half sales and orders, while free cash flow improved sharply.
The arms maker raised its sales, profitability and cash flow targets for the year as governments keep spending on defense in the face of escalating geopolitical tensions.
BAE Systems upgraded its 2026 outlook on Thursday after posting an 11% rise in first-half profit, helped by governments lifting their defence budgets given the higher global threat level.