BAE Systems Share Price Today: Stock Slips Despite Pentagon Deal and Turkey Typhoon Boost
Shares of BAE Systems edged lower in London on Thursday, adding to losses since last week’s top. At 1244 GMT, the stock was off 1.25% at 2,129 pence—roughly 10% under its March 18 high of 2,360p. The significance here: BAE still stands out as perhaps Europe’s top rearmament play. NATO on Thursday reported that defence budgets jumped 20% across Europe and Canada for 2025. BAE, for its part, recently pointed to a record 83.6 billion pounds in orders waiting to be filled, and it's guiding for 7% to 9% sales growth into 2026. Chief Executive Charles Woodburn described this as a "new era" in defence spending.