BAE Systems Applied Intelligence (via Public) / Market updat

BAE Systems Applied Intelligence (via Public) / Market update


Market update
At a constant currency, Group sales and underlying EBIT growth expectations remain on track and the Group's full year 2021 guidance across all metrics remains unchanged.
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Whilst there remain uncertainties arising from the COVID-19 pandemic, progress continues in combatting the virus under the vaccination programme in our major markets and our good operational performance underlines our overall confidence in the full year guidance.
Air, Maritime, Electronic Systems and Intelligence and Security continue to perform strongly and there is positive momentum in Platforms & Services (US). Combat vehicle production across multiple platforms continues to ramp and is on track to meet agreed delivery schedules, and US ship repair performance is improving following COVID-19 and other disruptions experienced last year. Applied Intelligence has had a good start to the year with improved performance together with realised benefits from the restructuring.

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