BAE Systems Shares Face Fresh Doubt as UK Defense Spending Hangs
BAE Systems shares closed Friday at 1,930.50 pence, up 0.76% for the day but still down 4.6% from May 29. The UK government has yet to release its Defence Investment Plan, with Prime Minister Keir Starmer promising it before the NATO summit on July 7. BAE’s next major update is its half-year results on July 30. Peers QinetiQ and Rolls-Royce ended Friday little changed.
