Rami Myerson's questions to BAE SYSTEMS PLC /FI/ (BAESY) leadership • H1 2015
Question
Rami Myerson of Investec inquired about BAE's medium-term plans for Eurofighter Typhoon production if export orders do not materialize, and asked about potential areas for increased investment or acquisitions following the UK budget announcement.
Answer
CEO Ian King explained that a decision on reducing Typhoon production throughput to sustain continuity would be made in the final quarter. Regarding the UK Strategic Defence and Security Review (SDSR), he noted the stability provided by an agreed budget and a £163 billion procurement commitment, highlighting a focus on core areas like combat aircraft and unmanned technology. He added that investment emphasis could shift to security and unmanned systems if new programs required it.