BAE Systems flags record order book as profit grows
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BAE Systems PLC reported a record order book of £77.8 billion, driven by increased security spending in Europe. The company's shares have rallied following this announcement.
February 19, 2025 | 8:15 am
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BAE Systems PLC has announced a record order book of £77.8 billion, attributed to increased security spending in Europe. This has led to a rally in the company's shares.
The record order book indicates strong demand for BAE Systems' products, likely leading to increased revenues and profitability. The market has reacted positively, as evidenced by the rally in shares.
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