Topic
RollsRoyce
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- World
Rolls-Royce and BAE Systems raise profit forecasts
Rolls-Royce has raised its 2024 profit forecast to between £4.7bn and £4.9bn, while BAE Systems upgraded its profit outlook to a 10-12% rise. Both companies cited increased government spending on defence systems as the primary driver for the improved financial guidance.
3 min readTrust 42 · Craft 55 · Hype 35 - World
Rolls-Royce and BAE Systems Boost Outlook on Defence Spending
Rolls-Royce and BAE Systems have upgraded their 2026 profit outlooks, citing increased global defence expenditure. Strong half-year earnings and revenues have contributed to the positive financial performance for both FTSE 100 companies.
3 min readTrust 42 · Craft 55 · Hype 55