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BAE Systems sticks to guidance for 2021 earnings growth -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: Sign adorns the hangar at Salmesbury’s BAE Systems facility, north of Preston on March 10, 2016, 2016. REUTERS/Phil Noble

LONDON, (Reuters) – British defense contractor BAE Systems (OTC;) maintained its guidance that earnings would grow by 3% to 5% over 2020. It also stated that the demand for its products was high.

BAE’s main customers include the United States, Britain, and Saudi Arabia. On Monday, BAE also stated that it has been able so far to manage supply chain pressures which affect many other manufacturers.

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