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Rating: BAESY

BAE Systems PLC (ADR) (OTCBB: BAESY) rated to Buy by Investec

Friday,  Nov 20, 2015  10:25 AM ET by Lynn Gilbert

Investec rated BAE
Systems PLC (ADR) (OTCBB: BAESY) to Buy.

BAE Systems plc (BAE Systems) delivers, through its wholly owned subsidiaries and equity accounted investments, a range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. The Company has five segments: Electronics, Intelligence & Support, Land & Armaments, Programmes & Support, International and HQ & Other Businesses. In June 2009, BAE Systems completed the acquisition of Advanced Ceramics Research, Inc. In October 2009, VT Group PLC completed the disposal of its 45% interest in BVT Surface Fleet Limited, the shipbuilding and naval support joint venture with the Company.


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