|Bid||515.80 x 0|
|Ask||516.20 x 0|
|Day's range||511.84 - 523.20|
|52-week range||395.90 - 587.33|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||12.72|
|Earnings date||25 Feb 2021|
|Forward dividend & yield||0.24 (4.60%)|
|Ex-dividend date||22 Apr 2021|
|1y target est||652.67|
The UK’s largest defence contractor said it has given Charles Woodburn, 50, a base salary increase of more than £100,000 and awarded him an additional share package worth £2m to ensure he stayed on at the firm.
Construction of the new Dreadnought class of submarines which will provide the UK’s nuclear deterrent got off to a bad start when it began in 2016. The press were transported to BAE Systems’ shipyard at Barrow-in-Furness in Cumbria to record what should have been a triumphant moment for British industry as manufacturing began on the £41bn project. Instead it turned into something of a farce. Although then-Defence Secretary Sir Michael Fallon did get a cheer from workers in the chilly fabrication hall as he pushed the button to ceremonially cut the first steel that would go into the first of the four 17,000-tonne vessels, the moment had been overtaken by events. The story had broken just hours before that the steel plate being sliced up in a shower of sparks had come from France. It was an embarrassing revelation as UK steelmakers were then in the middle of an existential crisis as they buckled under a flood of imports. Perhaps, then, it’s no wonder little has been heard of the Dreadnought programme since.
The companies, including Ann Summers, John Lewis, KFC and Pret a Manger have pledged to take action to improve diversity practices.