BAE Systems share price slips today as defence rally cools — what traders watch next
London, Jan 20, 2026, 08:07 GMT — Regular session BAE Systems (BAES.L) shares dipped 1.2% to about 2,060 pence on Tuesday, snapping a rally that had driven the defence giant to a 52-week peak. The stock fluctuated between 2,056 and 2,077 pence, after closing Monday at 2,086. (Investing.com) This shift is significant as BAE stands out in a crowded field pushing European defence stocks higher. The Financial Times notes the Stoxx Europe Aerospace and Defence index has surged almost 15% this month. Saab leads with a 32% gain, followed by Rheinmetall and BAE, both up roughly 22%. (Financial Times) Macro