Dividend is up at BAE Systems

From left, FPR Group MD Mark Foster, Hi Technology manufacturing director Mick Straw and FPR Group divisional manager Jeff Miller

Tech company renews big recruitment contract

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BAE Systems’ Maritime Services and Naval Ships division share dividend has increased by three per cent.

It has released its half-year trading figures, saying continuing business in ship building, as well as support services, has contributed to its stability.

Managing director Andrew Davies said: ‘Whilst manufacture of large sections of the new QE Class Carriers continues in our ship build facility, we have implemented a new naval base management model with customer support, which represents a significant step forward in the preparations for the ships being based at Portsmouth in the future.

‘We have seen a huge increase in the volumes of young people wanting to come and work with us following a successful recruitment campaign which will help us develop our talent and ensure we can continue to deliver maritime capability to our customers wherever they are in the world.’