Coordinates: 51°16′25″N 0°46′00″W / 51.27361°N 0.7666667°W / 51.27361; -0.7666667
|Type||Public limited company|
|Traded as||LSE: BA.|
|Industry||Aerospace, Defence, Information security|
Marconi Electronic Systems
|Founded||30 November 1999|
|Headquarters||London, United Kingdom|
|Key people||Dick Olver
|Products||Civil and military aerospace
Land warfare systems
|Services||Maintenance, consultancy, training etc.|
|Revenue||£19.154 billion (2011)|
|Operating income||£1.580 billion (2011)|
|Profit||£1.256 billion (2011)|
|Subsidiaries||BAE Systems Inc.
BAE Systems Australia
BAE Systems Detica
BAE Systems plc (LSE: BA.) is a British multinational defence, security and aerospace company headquartered in London, United Kingdom and with operations worldwide. It is among the world's largest defence contractors; it ranked as the third-largest based on applicable 2011 revenues. Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Other major markets include Australia, India and Saudi Arabia. BAE was formed on 30 November 1999 by the £7.7 billion merger of two British companies; Marconi Electronic Systems (MES) - the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC) - and British Aerospace (BAe) - an aircraft, munitions and naval systems manufacturer.
BAE Systems is the successor to various aircraft, shipbuilding, armoured vehicle, armaments and defence electronics companies, including The Marconi Company, the first commercial company devoted to the development and use of radio; A.V. Roe and Company, one of the world's first aircraft companies; de Havilland, manufacturer of the world's first commercial jet airliner; British Aircraft Corporation, co-manufacturer of the Concorde supersonic transport; Supermarine, manufacturer of the Spitfire; Yarrow Shipbuilders, builders of the Royal Navy's first destroyers; and Vickers Shipbuilding and Engineering, builders of the Royal Navy's first submarines. Since its formation it has made a number of acquisitions, most notably of United Defense and Armor Holdings of the United States, and sold its shares in Airbus, Astrium, AMS and Atlas Elektronik.
BAE Systems is involved in several major defence projects, including the F-35 Lightning II, the Eurofighter Typhoon, the Astute-class submarine and the Queen Elizabeth-class aircraft carriers. The company has been the subject of criticism, in terms of general opposition to the arms trade and particularly specific allegations of unethical and corrupt practices. BAE Systems is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Other articles related to "bae systems, bae, systems, system":
... Today the Samlesbury facility is a high-technology BAE Systems manufacturing and aerospace facility ... Spirit AeroSystems also occupies a small area of Samlesbury after the BAE Systems Aerostructures business was sold to Spirit AeroSystems in 2006 ... The site has also seen the construction of a large block to house BAE office staff ...
... It was acquired by BAE Systems in May 2010 for $352 million ... BAE Systems renamed the former company BAE Systems Southeast Shipyards, a division of BAE Systems Inc ...
... BAE Systems Land Armaments in Scotswood, formerly Vickers-Armstrongs, is the main producer of British Army tanks such as the Challenger 2 ... including ANPR cameras, and its Joyce-Loebl division makes electronic warfare systems and countermeasure dispensing systems such as the AN/ALE-47 ... BAE Systems Global Combat Systems moved to a new £75 million factory at the former Goodyear site in 2011, where they make large calibre ammunition ...
... Espionage In September 2003 The Sunday Times reported that BAE had hired a private security contractor to collate information about individuals working at ... BAE was reported to be the target of cyber espionage that may have stolen secrets related to the Lockheed Martin F-35 Lightning II ... Human rights records Like many arms manufacturers, BAE has received criticism from various human rights and anti-arms trade organisations due to the human rights records of governments to which it has sold equipment ...
... Within BAE Systems, CORDA provides Defence Analysis services to Business Units during the programme assessment phases, to support operational system and financial trade ... (the US division of BAE Systems) on the T45 Goshawk proposal, which was later followed with support on their Special Operations Forces Support Activity (SOFSA) bid." ...
Famous quotes containing the word systems:
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