Fear another market crash? BAE Systems shares look a great buy to me! Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. Simply click below to discover how you can take advantage of this. See all posts by Paul Summers I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Paul Summers | Thursday, 25th June, 2020 | More on: BA “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. In sharp contrast to many stocks that have recovered strongly since March’s market crash, FTSE 100 defence juggernaut BAE Systems (LSE:BA) has barely moved. The shares are still almost 30% down on the near-record-high price hit back in February.Should today’s trading statement change this? I think so. Let me explain.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…BAE: down but not outPredictably, BAE has been impacted by the coronavirus during the second quarter of its financial year. Its UK-based Air and Maritime divisions were among the worst hit, although this was mitigated by “strong underlying operational performance and cost control measures”.Across the pond, the FTSE 100 member’s Controls and Avionics business has also been affected and this could continue for a while. Demand has also been lower at its Power and Propulsion business and cybersecurity division.On a brighter note, BAE does look to be getting back to work. Productivity levels at its defence businesses (which generate most of the firm’s revenue) “improved” in June. Although many are still operating from home, the company said that more than 90% of its staff were getting on with things. What about the outlook?Here’s where things get interesting. According to BAE, sales are predicted to be “broadly stable year-on-year“, although profit over the first six months of 2020 is likely to be around 15% lower. That’s not great, but it’s not a disaster compared to what’s going on at other UK-listed stocks. Encouragingly, the company also said the performance in the second half of 2020 will be “much stronger” as operations return to full steam. The caveat, of course, is that this outlook could change rapidly in the event of a significant second wave of the coronavirus. Despite the disruption caused by the pandemic, BAE’s acquisition spree has not been impacted either. The $275m purchase of Raytheon’s Airborne Tactical Radios, revealed in January, completed last month. Another acquisition, Collins Aerospace’s Military Global Positioning System business, should be finalised “early in the second half“. On top of this, the £15bn cap is continuing to invest in new facilities as part of its growth strategy. It’s also trying to get its pension scheme in order, having recently “injected” £1bn.This doesn’t sound like a company in crisis to me. A potential bargain then?I’m tempted to think so, even if BAE’s shares were trading fairly flat today. Perhaps investors are more concerned over the possibility of a second coronavirus wave to see the green shoots in today’s statement.Then again, there could also be some reluctance to buy given the uncertainty surrounding the company’s final dividend payment from the last financial year.Back in April, BAE said that it would make a decision on this when half-year numbers are confirmed next month. Personally, I think there’s a fair chance of the dividend being paid based on this update.Ultimately though, it shouldn’t matter. As we never tire of saying at the Fool UK, stocks should be purchased with the intention of holding on to them for the long term. Don’t let the tail wag the dog.Bottom line on BAEAt a little less than 11 times earnings and considering its defensive qualities, I think BAE is something of a bargain right now. Hold it as part of a diversified portfolio and the eventual returns should make up for any near-term volatility.