BAE Systems was also in favour, building on yesterday's gains, after the UK government confirmed that it has reached an agreement with Saudi Arabia to supply the new Eurofighter.
The Ministry of Defence said BAE is to benefit as prime contractor after reaching an agreement in principal with Saudi Arabia to supply an unspecified number of Eurofighter jets.
In reaction, Deutsche Bank reiterated its 'buy' recommendation and raised its target to 425 pence from 380, arguing that the agreement reached today with Saudi takes the Al Yamamah contract forward for the long-term and materially expands its scope.
But nonetheless am thinking in terms of taking profits soon - have been kicking myself for years for not doing so last time they were this high!
Charlie 324 - "site" not "sight". Right? But which way are you going on the M6?
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