Us Boost Sends Bae Skywards ; Market Report [Scot Region Edition 2]
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Summary
SHARES of BAE Systems came in with all guns blazing after US defence secretary Robert Gates' recommendations for the 2010 US defence budget proved a lot more positive than analysts had expected.
The proposals, which still have to be approved by Congress, sent them soaring to 356p before they closed 19p better at 347 1 /2 p.See the full content of this document
Extract
Us Boost Sends Bae Skywards ; Market Report [Scot Region Edition 2]
Broker Bernstein said the Pentagon's commitment to the F-35 military strike fighter plane, for which BAE builds the back end in Lancashire, is particularly positive.
BAE may also benefit from the commit...See the full content of this document
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