BAE Systems raised full-year free cash flow guidance by roughly 50%, updating its outlook from >£2bn to about £3bn (~$4bn), citing higher government defence spending in its core markets. The company reiterated expected full-year sales growth of 8–10% and said orders have strengthened as European nations accelerate equipment purchases to boost capabilities and reduce reliance on US suppliers, while ongoing Middle East conflicts are prompting defence upgrades by major regional customers. BAE added

BAE Systems raised full-year free cash flow guidance by roughly 50%, updating its outlook from >£2bn to about £3bn (~$4bn), citing higher government defence spending in its core markets. The company reiterated expected full-year sales growth of 8–10% and said orders have strengthened as European nations accelerate equipment purchases to boost capabilities and reduce reliance on US suppliers, while ongoing Middle East conflicts are prompting defence upgrades by major regional customers. BAE added that strong year-to-date financial and operational performance and a large backlog improve near-term revenue visibility and support sustainable growth over the coming years.