BAE SYSTEMS PLC
13 June 2003
BAE SYSTEMS at the Paris Air Show
13 June
BAE Systems will be participating in the Paris Air Show at Le Bourget through
the week commencing 15 June 2003. As in previous years, the company will be
exhibiting its systems, defence and aerospace capabilities with static and
flying display participation.
Trading in the year to-date has remained consistent with earlier guidance. The
underlying trading performance for the company's defence businesses in 2003 is
expected to remain broadly in line with that for 2002 before taking account of
the exceptional charges in 2002 for the Nimrod and Astute contracts. The recent
selection of the company as prime contractor for the UK's new generation
aircraft carrier programme, CVF, was an important business win and the company's
bid to supply the Hawk aircraft to meet the UK's Advanced Jet Trainer
requirement is an important prospective programme.
The company has a leading systems, defence and aerospace position in the UK and
wider European market and is established as a major constituent of the US
defence industry. BAE Systems strategy remains unchanged. Enhancing operational
performance remains a key priority. BAE Systems will continue to seek growth
opportunities principally focused on the North American market and in customer
support.
Issued by:
BAE SYSTEMS plc
London
This information is provided by RNS
The company news service from the London Stock Exchange
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