We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
BAE Systems Supplies BvS10 Armored Vehicle to Sweden, Germany & UK
Read MoreHide Full Article
Key Takeaways
{\"0\":\"BAESY reached a milestone with BvS10 deliveries to Sweden, Germany and the UK.\",\"1\":\"The procurement deal streamlines multinational armored vehicle purchases.\",\"2\":\"The BvS10 supports multiple roles, from troop transport to weapons carrier.\"}
BAE Systems plc (BAESY - Free Report) recently achieved a key milestone in its Collaborative All-Terrain Vehicle program by ceremonially handing over three BvS10 Armored Personnel Carriers to Sweden, Germany and the United Kingdom.
The three BvS10 vehicles mark the first deliveries from a total of 663 units to be acquired under a landmark framework agreement that establishes a new benchmark for joint procurement. Under separate Purchase Order Agreements (PoAs) within this framework, Sweden’s Defense Materiel Administration will receive 236 vehicles, the U.K. Ministry of Defence will obtain 60, and Germany’s Federal Ministry of Defence will acquire 140 units by 2028.
Within the same framework, Germany contracted an additional PoA for 227 BvS10 vehicles, showcasing the effectiveness of the contractual structure, which enables other nations to procure vehicles through the same arrangement.
Overview of BvS10 Armored Vehicles
The BvS10 is a global leader in all-terrain solutions. Its articulated mobility system ensures superior maneuverability across diverse terrains, including snow, ice, rock, sand, mud, swamps and steep mountain regions. The vehicle’s amphibious capability further enables it to operate in flooded areas and coastal waters.
Its modular design enables reconfiguration for diverse missions and is available in multiple variants, including personnel transport, command and control, ambulance, vehicle repair and recovery, logistics support, situational awareness and a weapons carrier with added mortar capability. The vehicle is currently in service with Austria, France, the Netherlands, Sweden and the United Kingdom.
Growth Potential for BAESY & Other Defense Stocks
Increasing security challenges are prompting nations to enhance their military capabilities. Armored vehicles, in particular, have attracted significant investment due to their versatility and vital role in ground operations.
Per the reports from the Mordor Intelligence firm, the armored vehicle market is likely to register a CAGR of 5.66% during the 2025-2030 period. Such robust growth trends highlight strong opportunities for BAE Systems, which holds a favorable position in the armored vehicle market.
Other defense majors that are likely to reap the benefits of the expanding armored vehicle market are General Dynamics Corp. (GD - Free Report) , Textron Inc. (TXT - Free Report) and RTX Corporation (RTX - Free Report) .
General Dynamics’ European Land Systems division is a leading provider of customized military mobility solutions for European, NATO and international customers. Its PIRANHA wheeled armored vehicle sets the benchmark for protected military mobility. With more than 12,000 units in service, it stands as the most successful wheeled armored vehicle family in the Western world.
GD’s long-term (three to five years) earnings growth rate is 10.7%. The Zacks Consensus Estimate for 2025 sales is pegged at $51.15 billion, which suggests a jump of 7.2%.
Textron's COMMANDO armored vehicle series offers the best combination of combat-proven lethality, survivability, mobility and sustainability. This vehicle can also be used as an ambulance, armored personnel carrier or support utility vehicle in a variety of configurations.
TXT boasts a long-term earnings growth rate of 10%. The Zacks Consensus Estimate for 2025 sales is pinned at $14.81 billion, which suggests a jump of 8.1%.
RTX’s XM30 Combat Vehicle is a next-generation tracked and armored fighting vehicle designed to meet the crucial problems of the future battlefield. It offers unrivaled troop protection and incorporates technology to keep men and women in armor ahead of the enemy.
RTX boasts a long-term earnings growth rate of 9.1%. The Zacks Consensus Estimate for 2025 sales stands at $85.69 billion, which calls for an increase of 6.1%.
BAESY Stock Price Movement
In the past month, BAE Systems shares have risen 14% compared with the industry’s growth of 2.9%.
Image: Bigstock
BAE Systems Supplies BvS10 Armored Vehicle to Sweden, Germany & UK
Key Takeaways
BAE Systems plc (BAESY - Free Report) recently achieved a key milestone in its Collaborative All-Terrain Vehicle program by ceremonially handing over three BvS10 Armored Personnel Carriers to Sweden, Germany and the United Kingdom.
The three BvS10 vehicles mark the first deliveries from a total of 663 units to be acquired under a landmark framework agreement that establishes a new benchmark for joint procurement. Under separate Purchase Order Agreements (PoAs) within this framework, Sweden’s Defense Materiel Administration will receive 236 vehicles, the U.K. Ministry of Defence will obtain 60, and Germany’s Federal Ministry of Defence will acquire 140 units by 2028.
Within the same framework, Germany contracted an additional PoA for 227 BvS10 vehicles, showcasing the effectiveness of the contractual structure, which enables other nations to procure vehicles through the same arrangement.
Overview of BvS10 Armored Vehicles
The BvS10 is a global leader in all-terrain solutions. Its articulated mobility system ensures superior maneuverability across diverse terrains, including snow, ice, rock, sand, mud, swamps and steep mountain regions. The vehicle’s amphibious capability further enables it to operate in flooded areas and coastal waters.
Its modular design enables reconfiguration for diverse missions and is available in multiple variants, including personnel transport, command and control, ambulance, vehicle repair and recovery, logistics support, situational awareness and a weapons carrier with added mortar capability. The vehicle is currently in service with Austria, France, the Netherlands, Sweden and the United Kingdom.
Growth Potential for BAESY & Other Defense Stocks
Increasing security challenges are prompting nations to enhance their military capabilities. Armored vehicles, in particular, have attracted significant investment due to their versatility and vital role in ground operations.
Per the reports from the Mordor Intelligence firm, the armored vehicle market is likely to register a CAGR of 5.66% during the 2025-2030 period. Such robust growth trends highlight strong opportunities for BAE Systems, which holds a favorable position in the armored vehicle market.
Other defense majors that are likely to reap the benefits of the expanding armored vehicle market are General Dynamics Corp. (GD - Free Report) , Textron Inc. (TXT - Free Report) and RTX Corporation (RTX - Free Report) .
General Dynamics’ European Land Systems division is a leading provider of customized military mobility solutions for European, NATO and international customers. Its PIRANHA wheeled armored vehicle sets the benchmark for protected military mobility. With more than 12,000 units in service, it stands as the most successful wheeled armored vehicle family in the Western world.
GD’s long-term (three to five years) earnings growth rate is 10.7%. The Zacks Consensus Estimate for 2025 sales is pegged at $51.15 billion, which suggests a jump of 7.2%.
Textron's COMMANDO armored vehicle series offers the best combination of combat-proven lethality, survivability, mobility and sustainability. This vehicle can also be used as an ambulance, armored personnel carrier or support utility vehicle in a variety of configurations.
TXT boasts a long-term earnings growth rate of 10%. The Zacks Consensus Estimate for 2025 sales is pinned at $14.81 billion, which suggests a jump of 8.1%.
RTX’s XM30 Combat Vehicle is a next-generation tracked and armored fighting vehicle designed to meet the crucial problems of the future battlefield. It offers unrivaled troop protection and incorporates technology to keep men and women in armor ahead of the enemy.
RTX boasts a long-term earnings growth rate of 9.1%. The Zacks Consensus Estimate for 2025 sales stands at $85.69 billion, which calls for an increase of 6.1%.
BAESY Stock Price Movement
In the past month, BAE Systems shares have risen 14% compared with the industry’s growth of 2.9%.
Image Source: Zacks Investment Research
BAESY’s Zacks Rank
BAE Systems currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.