Shares in the UK's largest defence contractor , BAE Systems, have surged as Russia's invasion of Ukraine continues.
The group, which has operations across the country, has seen a rise in its share price of more than 14% so far this morning (Monday, February 28).
Shares are trading at over 747p each as of 9.10am after closing on Friday, February 25, at 653p.
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Shares in BAE Systems finished the day's trading up by more than 10% at over 719p each.
The jump comes as Russia's invasion of Ukraine continued over the weekend and many UK businesses vowed to sell their stakes in Russian companies.
Shares in BAE Systems started to rise towards the end of last week after the group announced its full-year results.
The business reported a revenue of £19.5bn for 2021, up from the £19.2bn it posted in the prior year.
The group's operating profit also jumped from £1.9bn to £2.3bn over the same period.
BAE Systems, which manufactures the likes of combat ships, submarines and fighter jets, added it sales are expected to grow by between 2% and 4% during 2022.
In a statement issued to the London Stock Exchange, the group said the growth is set to be in the electronic systems, air, maritime and cyber and intelligence divisions.
In financial measures defined by the group, it posted sales of £21.3bn, up from £20.8bn, and an underlying EBIT of £2.2bn, up from £2bn.
