BAE Systems profits as governments splurge on military
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British military equipment maker BAE Systems said Thursday that its annual net profit shot higher on rising military budgets around the world. Profit after tax rallied almost 50 percent to about £1.5 billion ($1.3 billion, 1.2 billion euros) in 2019 compared with a year earlier, BAE said in a results statement. Revenues jumped nine percent […]https://www.defencetalk.com/bae-systems-profits-as-governments-splurge-on-military-74111/
British military equipment maker BAE Systems said Thursday that its annual net profit shot higher on rising military budgets around the world. Profit after tax rallied almost 50 percent to about £1.5 billion ($1.3 billion, 1.2 billion euros) in 2019 compared with a year earlier, BAE said in a results statement. Revenues jumped nine percent […]https://www.defencetalk.com/bae-systems-profits-as-governments-splurge-on-military-74111/