General Dynamics (GD) is set to provide cybersecurity services to the U.S. Air Force Civil Engineer Center with its recent contract win.
It came as the boss of the London-listed arms firm said it has seen a ‘strong’ operational performance and is on track to meet its targets.
Britain's BAE Systems said it was on track to meet guidance for higher earnings and forecast "further positive momentum" from a recent UK government commitment to raise defence spending. BAE's order book, like that of many western defence companies, has swelled over the last two years as governments have reacted to heightened geopolitical risk in the wake of the war in Ukraine and amid growing tensions with China. BAE, Britain's biggest military contractor which makes submarines and fighter jets and supplies munitions, said it was sticking to forecasts given in February for its earnings per share to grow 6%-8% in 2024 on revenues 10-12% higher.