BAE Systems announced a 14% rise in sales for 2024, reaching £28.335 billion, with its order backlog growing to £77.8 billion by year-end. All business segments contributed to the company’s revenue growth. The integration of Ball Aerospace into BAE’s Space and Mission Systems unit is progressing well, delivering cost synergies. BAE highlighted continued demand across defense and aerospace sectors as key drivers of its performance. The company remains focused on expansion and efficiency as it navigates a growing global defense market.
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