BAE Systems' Order Book Fuels Shares Rise -- Market Talk
Dow Jones
Feb 18
0917 GMT - BAE Systems' order book now stands at a record 83.6 billion pounds, stretching years into the horizon, says eToro analyst Mark Crouch. This explains why the U.K. defense company's shares have outpaced the FTSE 100 on Wednesday, he notes. This trajectory looks set to continue, judging by the company's free cash flow estimate for 2026, he adds. "With military spending now firmly at the forefront of global government policy, it's an uncomfortable backdrop," Crouch says. But while BAE offers countries protection in turbulent times, it offers investors a form of armor too, he adds. Shares are up 2.9% at 20.88 pounds. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
February 18, 2026 04:19 ET (09:19 GMT)
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