BAE Systems is set to face "fierce competition" from technology giants such as Google and Microsoft in areas such as cybersecurity, according to industry expects.
The company, which is the UK's largest defence contractor, is also "unlikely to have a dramatic impact on demand" from Russia's war in Ukraine, with experts from global research company Third Bridge not seeing "any major capital investment any time soon".
The conclusions come as BAE Systems published a trading update ahead of its annual general meeting.
