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BAE flies after Qatar place major order with the company
Thursday 21 Sep 2017 Author: David Stevenson

Defence firm BAE SYSTEMS (BA.) enjoyed around a 4% share price hike to 622p earlier this week as Qatar signed a letter of intent
to buy 24 Typhoon jets from the UK outfit.

The deal, announced last weekend, helped make BAE the biggest riser on the FTSE 100 on Monday 18 September. Describing the news as a ‘positive surprise’ UBS notes the contract could be worth between 15p and 25p per share to the company.

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