Reuters
BAE Systems lifted its 2026 free cash flow outlook from more than £2 billion to about £3 billion, citing business performance and customer advances. The company booked £33 billion in orders, with demand for GCAP, missile systems and defense electronics among the reported growth drivers.
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Echodyne’s EchoShield MESA radar will be integrated into BAE Systems’ Anti Threat System for counter-drone defense. CEO Ann Stevens says the company is also adding engineering staff and production capacity while exploring radar applications for spacecraft and high-altitude drones, broadening its potential defense and aerospace markets.
BAE Systems lifted its 2026 free cash flow outlook from more than £2 billion to about £3 billion, citing business performance and customer advances. The company booked £33 billion in orders, with demand for GCAP, missile systems and defense electronics among the reported growth drivers.
BAE Systems has begun assembling the forward fuselage of the first Eurofighter Typhoon ordered by Türkiye at its Samlesbury factory in Lancashire. The milestone, confirmed Nov. 5, comes just over a year after Ankara signed a contract for 20 aircraft.
High activity
The Royal Navy has launched strike drones from HMS Queen Elizabeth for the first time, including BAE Systems’ Nyan one-way effector. A separate demonstration saw TEKEVER’s AR5 complete its first carrier take-off and landing, testing how uncrewed aircraft could expand shipborne missions and maritime reach.
The Eurofighter consortium is targeting more than 200 additional sales as demand for combat aircraft grows, despite continued export competition from the F-35. Production of Türkiye’s first aircraft from a 20-jet order has begun, with front-fuselage assembly at BAE Systems in the UK and center-fuselage work by Airbus in Germany.
Space Systems Command awarded BAE Systems a contract to design and demonstrate radio-frequency terminals for a space-based data layer. The award sits within a broader Space Force acquisition portfolio estimated at $21 billion for ground systems, communications networks and software supporting satellite operations and space-threat tracking.
Airbus and BAE Systems executives are expected to discuss a potential role for Airbus in the Global Combat Air Programme, the next-generation fighter effort led by the UK, Italy and Japan. The talks could shape Germany’s options after the collapse of its rival FCAS partnership with France and Spain.
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