BAE Systems see profit rise
The company, which employs around 12,000 people in Lancashire, has seen its half-year revenue and profits rise.
BAE Systems, which employs around 12,000 people at its Warton and Samlesbury Air Sector factories in Lancashire, has seen its half-year revenue and profits rise.
It has recruited 590 people to work at the two sites over the six months’
The figures are in the firm’s interim financial statement for the half-year from January 1 to June 30 2025.
Compared to the same period in 2024 the company’s sales have risen by nine per cent from £12,477million to £13,571m.
It’s operating profits have increased by two per cent from £1,296m to 1,327m.
BAE Systems order book currently stands at £57 billion.
The company’s Air sector workforce in Lancashire provides vital frontline combat air capabilities to UK and international customers.
This includes providing around-the-clock support to the Royal Air Force Typhoon fleets, as well as leading the UK’s industrial contribution to the Global Combat Air Programme (GCAP) to deliver a next generation combat aircraft.
BAE Systems chief executive Charles Woodburn said: “Our teams have delivered another strong operational and financial performance in the first half of the year, giving us the confidence to upgrade our guidance.
“In this heightened global threat environment, we continue to deliver mission critical capabilities to armed forces around the world and invest in our people, technologies and facilities to drive the improved efficiency, capacity and agility needed to meet the increasing demand for our highly relevant products and services.
“The breadth and depth of our geographic and product portfolio, together with our trusted track record of delivery, strengthen our confidence in the positive momentum of our business.”
The firm’s dividend per share has risen by nine per cent from 12.4 pence to 13.5p.
So far in 2025, BAE Systems’ Air sector has secured £1 billion further funding for the UK assessment phase of the next generation combat aircraft; commenced flight trials on the new Typhoon radar, ECRS Mk2, for the Royal Air Force from the Company’s flight-testing facility in Warton, Lancashire; recruited 590 people to work at the Company’s Warton and Samlesbury sites; and committed to investing more than £570,000 in community projects across Lancashire.