BAE Systems Share Price Today: Why the Stock Slipped After Air Astana Exit
BAE Systems sold its remaining 6.9% stake in Air Astana for about $31 million, completing its exit from the airline. Shares closed at 2,306 pence, down 1%, while the FTSE 100 dropped 2.4% after the Bank of England held rates. BAE announced new U.S. defense contracts and a counter-drone system this week. The company reported 2025 sales of £30.66 billion and a record £83.6 billion order backlog.