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THE READERS PLANET

BAE Systems eyes more growth in 2021, confident on long-term

British defence company BAE Systems forecast another year of growth in 2021, helped by Germany's recent order for Typhoon jets and strong demand in its Electronic Systems unit, and was confident about its longer term outlook. BAE, which builds combat ships, submarines and fighter jets, said that underlying earnings per share would rise by between 3% and 5% in 2021. Two big acquisitions it made last year in the United States, its biggest market, would boost its higher-margin Electronic Systems unit, which provides flight controls, electronic warfare and surveillance capabilities, it said.