BAE Systems share price rises as Trump’s $1.5 trillion US defence budget call ripples through London
London, Jan 9, 2026, 11:02 GMT — Regular session BAE Systems (BAES.L) shares were up 1.24% at 2,048 pence in London trade on Friday, keeping the stock near recent highs. The shares have moved between 2,026 and 2,063 pence so far, within reach of a 52-week high of 2,071 pence, after opening at 2,032. Just over 1 million shares had traded, according to London Stock Exchange data. (London South East) The catalyst is Washington. U.S. President Donald Trump said the 2027 U.S. military budget should be $1.5 trillion, versus the $901 billion approved for 2026, and he threatened to block