BAE Systems reports £800m UK pensions surplus

Triennial funding valuation at 31 March 2024 reveals funding ratio of 104%

Jonathan Stapleton
clock • 1 min read
A BAE Systems shipbuilding yard located in Govan on the River Clyde.
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A BAE Systems shipbuilding yard located in Govan on the River Clyde.

BAE Systems has published its final results revealing the results of its most recent triennial funding valuation for its main UK pension scheme.

The aerospace and defence firm's 2024 full year results said the most recent triennial funding valuation for its £19.2bn main scheme was carried out as at 31 March 2024 and was concluded and signed...

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