BAE Systems Forecasts Another Year of Sales Growth Amid Geopolitical Tensions
Provided by
Dow Jones
By Anthony O. Goriainoff
BAE Systems said it expects sales will continue to grow this year as governments ramp up spending on military equipment amid escalating geopolitical tensions.
The U.K. defense-and-aerospace group said Wednesday that sales should grow 10% to 12% in 2024 compared with 25.28 billion pounds ($31.91 billion) that BAE reported for 2023.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
February 21, 2024 02:23 ET (07:23 GMT)
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