BAE Systems impacted by COVID-19 disruption, expects strong second-half recovery

LONDON (Reuters) - British defence company BAE Systems on Thursday said first-half profit would be impacted by the coronavirus pandemic, but its second-half performance would be much stronger as its business returns to "full operational tempo". BAE, which makes Typhoon fighter jets, said that demand for its defence equipment and services, which accounts for 90% of group revenues, remained strong but some manufacturing lines had been affected by disruption linked to the pandemic.In its smaller..