Made In Preston - the blog » BAE SYSTEMS http://www.madeinpreston.co.uk/wp blogging about the region of Preston, Lancashire and there-abouts Sun, 22 Jan 2012 14:55:34 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 BAE shares up http://www.madeinpreston.co.uk/wp/2009/04/08/bae-shares-up/ http://www.madeinpreston.co.uk/wp/2009/04/08/bae-shares-up/#comments Wed, 08 Apr 2009 16:42:16 +0000 Pete of MIP http://www.madeinpreston.co.uk/wp/?p=222 Continue reading →]]> I was reading that the US defence budget has been cut and it sent BAE shares up as it’s thought their business might actually increase. At risk are some of the big US projects like the Raptor for which BAE, in the US, supplies electronics. Increases to the F35 JSF budget next year and potentially for maintenance of vehicles being kept in service longer are thought to be positive. On the downside the UK is looking at delaying its defence budget commitments possibly Typhoon Tranche 3 and the new Carriers. Although Harrier life might be extended for use on the new carriers.

So locally there might be some effect via the F35 and Typhoon and maybe the Harriers. Work for several years should get through this recession.

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