Thought that was a done deal skinny, speculation re redundancy or re-employment elsewhere in company could take a while to sort out and weaken share price. Sometimes that sort of announcement strengthens share price re cost cutting. Not sure one RNS can figure that one out. :0)

BBC-2000 jobs at risk apparently.

The loss of jobs is because of a loss or orders and particularly one expected from Kuwait. So the future is not now looking so bright.

But is all this stuff already in the price?

Long on the spreads @ 582.91 tight stop.

StockMarketWire.com
BAE Systems and the government of Qatar have entered into a contract, valued at approximately £5bn, for the supply of Typhoon aircraft to the Qatar Emiri Air Force along with a bespoke support and training package.

The contract is subject to financing conditions and receipt by the company of first payment, which are expected to be fulfilled no later than mid-2018.

The contract provides for 24 Typhoon aircraft with delivery expected to commence in late 2022.

BAE Systems is the prime contractor for both the provision of the aircraft and the agreed arrangements for the in-service support and initial training.

BAE Systems chief executive Charles Woodburn said: 'We are delighted to begin a new chapter in the development of a long-term relationship with the State of Qatar and the Qatar Armed Forces, and we look forward to working alongside our customer as they continue to develop their military capability.'

Quite a splurge in last couple of days from bottom of last 3 months range on good volume. 600p top of that range been hard to crack, place your bets :0)

LATEST BROKER VIEWS
Date Broker New target Recomm.
27 Mar Citigroup 750.00 Buy
26 Mar Goldman Sachs 737.00 Conviction Buy
12 Mar JP Morgan... 550.00 Underweight
6 Mar Citigroup 750.00 Buy
26 Feb Deutsche Bank 708.00 Buy
23 Feb JP Morgan... 550.00 Underweight
23 Feb Citigroup 720.00 Buy
22 Feb Beaufort... 685.00 Buy
16 Feb Kepler... 700.00 Buy
15 Feb Morgan Stanley 550.00 Equal weight

Broker Forecast - Deutsche Bank issues a broker note on BAE Systems Plc

BFN

Deutsche Bank today reaffirms its buy investment rating on BAE Systems Plc (LON:BA.) and raised its price target to 720p (from 708p).

Story provided by StockMarketWire

Trump says U.S. would be 'punishing' itself if it halts Saudi arms sales

Trading update https://www.moneyam.com/action/news/showArticle?id=6198941

Preliminaries https://www.moneyam.com/action/news/showArticle?id=6320585