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# Major European Defense Companies # BAE Systems (UK) * **Performance:** BAE Systems saw **sales grew 14% to £28.3 billion** in 2024, with underlying EBIT rising \~12%. EPS also increased from 63.2p to 68.5p, reflecting strong execution and higher profitability. * **Backlog & Contracts:** The company’s **record-high backlog of £77.8 billion** (up 11% YoY) represents nearly three years of revenue visibility. It secured £33.7 billion in new orders, including significant contracts related to the AUKUS submarine pact and Eurofighter program. …
— ORIGINAL POST ·
Some DD on European Defense Companies
· r/stocks
· Feb 27, 2025