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Reuters Now

BAE on track to meet full year targets

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Britain's biggest defense company BAE Systems reiterated guidance for marginal earnings growth this year, a forecast which it said remained conditional upon securing new orders for fighter jets. BAE said in February that for 2015 it expected underlying earnings per share to be marginally higher than the 38 pence per share it made in 2014 if it could secure orders for more Eurofighter Typhoons, most probably from Saudi Arabia.

Reuters Now

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