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    BAE Systems and Rolls-Royce Boosted by Defence Spending

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    BAE Systems and Rolls-Royce have upgraded their full-year guidance following strong first-half results, driven by increased global defence spending. Rolls-Royce expects operating profits of £4.7 billion to £4.9 billion for 2026, while BAE anticipates a 10% to 12% rise in earnings. Both companies are benefiting from heightened demand amid ongoing global conflicts.
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