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BAE Systems Plans U.S. and Europe Factory Upgrades to Scale Output

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BAE Systems’ CFO Brad Greve says the company is boosting capital expenditure and R&D to accelerate organic growth, prioritising returns from its £84 billion backlog over acquisitions. CEO Charles Woodburn links the programme to capacity and operations upgrades, including digital tools and automation, while MBDA adds €6.5 billion in orders for H1 2026 and grows backlog to €48 billion.

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