BAE Systems (BA.)

Sector:

Defense and Aeronautics

Index:

FTSE 100

1,901.50p
   
  • Change Today:
      19.00p
  • 52 Week High: 1,911.00
  • 52 Week Low: 1,145.00
  • Currency: UK Pounds
  • Shares Issued: 3,017.54m
  • Volume: 12,769,377
  • Market Cap: £57,378m
  • RiskGrade: 108
  • Beta: 0.02

'No nuclear risk' from fire at BAE Systems shipyard

By Josh White

Date: Wednesday 30 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Shares in BAE Systems were in the red on Wednesday morning, as emergency services dealt with a fire at its Barrow-in-Furness nuclear submarine shipyard, briefly hospitalising two people and leading to the evacuation of the facility's main building, Devonshire Dock Hall.
According to the BBC, emergency services were alerted to the incident around 0044 GMT, while local residents nearby were urged to stay indoors and keep windows and doors closed.

The two individuals taken to the hospital with suspected smoke inhalation were later released, and all workers on site had since been accounted for.

Authorities confirmed there was "no nuclear risk" from the incident.

"Emergency services remain in attendance at BAE at a significant fire at the site - there is no nuclear risk," the Cumbria Constabulary said in a statement at 0815 GMT.

"Whilst people living nearby are no longer being advised to remain indoors, the message remains to keep doors and windows closed.

"If you are in a road vehicle and travelling within the vicinity of BAE, please close your vehicle's windows, air vents and sunroof and turn off fans. Turn off fans and air conditioning if you have them.

"People are also asked to avoid the area whilst emergency services continue with their work."

The blaze, which left visible smoke damage to the facility, impacted operations at the shipyard.

BAE instructed non-essential personnel at Devonshire Dock Hall to work from home for the day, while others were advised to report as usual and monitor the employee hotline for further updates.

Although the fire had reportedly been extinguished, the emergency response team, including the fire service, was expected to remain on-site throughout the day as a precaution.

BAE's Barrow-in-Furness site houses construction for both the Dreadnought-class submarines, intended to succeed the Vanguard-class in the early 2030s, and the final vessel in the Astute-class.

At 0851 GMT, shares in BAE Systems were down 2.03% at 1,253.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BAE Market Data

Currency UK Pounds
Share Price 1,901.50p
Change Today 19.00p
% Change 1.01 %
52 Week High 1,911.00
52 Week Low 1,145.00
Volume 12,769,377
Shares Issued 3,017.54m
Market Cap £57,378m
Beta 0.02
RiskGrade 108

BAE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.87% below the market average97.87% below the market average97.87% below the market average97.87% below the market average97.87% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
93.09% above the market average93.09% above the market average93.09% above the market average93.09% above the market average93.09% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Income
84.66% below the market average84.66% below the market average84.66% below the market average84.66% below the market average84.66% below the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Growth
18.75% above the market average18.75% above the market average18.75% above the market average18.75% above the market average18.75% above the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 6
Sell 2
Strong Sell 0
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BAE Dividends

  Latest Previous
  Final Interim
Ex-Div 17-Apr-25 24-Oct-24
Paid 02-Jun-25 02-Dec-24
Amount 20.60p 12.40p

Trades for 30-May-2025

Time Volume / Share Price
16:56 60,000 @ 1,899.98p
16:24 0 @ 1,897.50p
16:24 0 @ 1,897.50p
16:24 0 @ 1,897.50p
16:24 0 @ 1,897.50p

BAE Key Personnel

CEO Charles Woodburn
Chair Cressida Hogg

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