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.
