LSE:BA.Aerospace & Defense
BAE Systems New York Battery Plant Extends Electrification Growth Story
BAE Systems has opened a major new energy storage manufacturing facility in New York.
The site is focused on batteries and power systems for aircraft and vehicle electrification.
The move expands BAE Systems' manufacturing footprint in clean propulsion technologies across commercial and defense markets.
For investors tracking LSE:BA., this facility adds a fresh angle to the story around electrification and energy storage. The company’s shares trade at £19.918, with returns of 13.6% year to...