ORDERS are rolling in for defence giant BAE Systems as governments across the world beef up their armed forces.
Sales of its fighter jets, ships and submarines climbed by 11 per cent to £12billion in the last six months, and bosses believe demand will continue to grow.
The firm landed contracts worth £21.1billion in the six months to the end of June, taking its backlog of orders to a £66.2billion high.
Its shares are the FTSE 100’s second-best performer in the last 18 months, having risen more than 75 per cent – and they added another 5 per cent yesterday.
Boss Charles Woodburn told The Sun that Russia’s invasion of Ukraine “led to defence and security moving up national agendas, and programmes that were already in train are getting accelerated”.