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Strong stock market trading saw underlying earnings per share increase by 9.7 per cent over the course of the year to stand at 40.7p.
Headline sales went up 21 per cent to stand at £22.4 billion, while an order book of £46.9 billion was described as a new record by the firm's chief executive, Ian King.
He said the financial results were strong: "BAE Systems is a broadly based and resilient business with a large order book, agile in developing the business and adapting its capabilities in anticipation of changing requirements."
Mr King highlighted the firm's key areas for growth as security, readiness and sustainment and combat aircraft.
Stock market trading responded positively to the financial results posted by BAE Systems.
At 15:00 GMT on Thursday (February 18th) the share price stood at 361.70p. This was 3.64 per cent higher than the last closing price of 349p.
Posted by Greg Secker
