Defence News – Early May 2025
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Defence group, BAE Systems, has seen a “strong start” to its 2025 fiscal year, as global tensions continue to increase in military hotspots around the world.
The group delivered a trading update for the first quarter, ahead of its annual general meeting today, in which it said management expectations, so far, have been achieved.
Full year guidance is maintained, it said its order backlog and pipeline of work on incumbent positions provide good visibility and support long term growth, while it is well positioned to capture additional defence spending. The group is investing to support growth, it said.
NP Aerospace, the global vehicle integrator and armour manufacturer, has formally opened its new 5.73-acre facility in Coventry, supporting UK job growth and global defence needs.
The 80,000 sq. ft site has a large outdoor space for military vehicle fleets, which will enhance vehicle integration, armour production, and engineering capabilities.
Facilities include vehicle assembly, fabrication, customer support and spares, engineering development, specialist equipment handling, machining and final finishing, and sustainable energy production.