British military equipment maker BAE Systems said Thursday that annual net profit fell as a result of coronavirus disruption. Profit after tax sank 12 percent to almost £1.3 billion ($1.8 billion, 1.5 billion euros) last year, down from nearly £1.5 billion in 2019, BAE said in a statement. The first half of the year was hit by "pandemic-related disruptions," it noted. rfj/bmm