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British defense company BAE Systems increased its forecast for annual cash flow by 50% to 3 billion pounds, according to Reuters. The renewal of expectations is related to the flow of orders amid increasing global military spending. Since the beginning of the year, the volume of the company's new contracts has reached 33 billion pounds, compared to 27 billion pounds a year earlier, writes the Wall Street Journal. At the same time, the manufacturer maintained the annual growth forecast of sales up to 8-10%.

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British defense company BAE Systems increased its forecast for annual cash flow by 50% to 3 billion pounds, according to Reuters. The renewal of expectations is related to the flow of orders amid increasing global military spending. Since the beginning of the year, the volume of the company's new contracts has reached 33 billion pounds, compared to 27 billion pounds a year earlier, writes the Wall Street Journal. At the same time, the manufacturer maintained the annual growth forecast of sales up to 8-10%.

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