BAE Systems Is Strategically Positioned to Benefit From Higher European Defense Spending

Escalating global security concerns, intensified by the war in Ukraine, are driving structurally higher growth in the defense market. We anticipate this growth will be uninterrupted for at least several years, considering that many countries, particularly in Europe, have underspent since the end of the Cold War. BAE Systems is strategically positioned to benefit, given its significant stakes in a broad array of major international defense projects.