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Academic & Science » Engineering. BAE Systems is the successor to various aircraft, shipbuilding, armoured vehicle, armaments and defence electronics companies, including The Since its formation it has made a number of acquisitions, most notably of BAE Systems was formed on 30 November 1999 by the completion of the £7.7 billion acquisition of Marconi Electronic Systems (MES) by British Aerospace.Marconi Electronic Systems was the defence subsidiary of British engineering firm the As early as 1995 British Aerospace and the German aerospace and defence company Meanwhile, GEC was also under pressure to participate in defence industry consolidation.

Its headquarters are in London and Farnborough in the United Kingdom with operations worldwide. 1050 S Academy Blvd, Colorado Springs, CO 80910 (719) 574-0297. Add to My List Edit this Entry Rate it: (2.25 / 8 votes) Translation Find a translation for British Aerospace Engineering in other languages: Select another language: - Select - 简体中文 (Chinese - Simplified) We provide the space industry with radiation hardened processing powerBAE Systems wins $19 million contract to build prototype for new, innovative Wargaming Center the U.S. Marine CorpsBAE Systems wins contract to deliver and manage secure networks across essential government agenciesBAE Systems announces expansion in Austin, Texas with a new campus developmentSee how we manoeuvred an aircraft in flight using supersonically blown air This is a long-term commitment involving significant investments in skills.
Both BAE Systems and its previous incarnation British Aerospace have long been the subject of allegations of bribery in relation to its business in Saudi Arabia. "In June 2002, BAE Systems confirmed it was in takeover discussions with The UK government, following a cabinet row described as "one of the most bitter Cabinet disputes over defence contracts since the In May 2004, it was reported that the company was considering selling its shipbuilding divisions, On 4 June 2004, BAE Systems outbid General Dynamics for In December 2005, BAE Systems announced the sale of its German naval systems subsidiary, Atlas Elektronik, to On 18 August 2006 Saudi Arabia signed a contract worth £6 billion to £10 billion for 72 Eurofighter Typhoons, to be delivered by BAE Systems.On 7 May 2007 the company announced its subsidiary BAE Systems Inc. was to purchase BAE Systems inherited British Aerospace's share of Airbus Industrie, which consisted of two factories at Despite repeated suggestions as early as 2000 that BAE Systems wished to sell its 20% share of Airbus, the possibility was denied by the company.In February 2010 BAE Systems announced a £592 million BAE Systems inherited British Aerospace's 35% share of The company continued its move into support services in May 2010 with the purchase of the marine support company BAE Systems sold the regional aircraft lease portfolio and asset management arm of its In its 2012 half-year report, the company revealed a 10% decline in revenue in the six months up to 30 June due to falling demand for armaments.In September 2012, it was reported that BAE Systems and In November 2013, BAE Systems announced that shipbuilding would cease in Portsmouth in 2014 with the loss of 940 jobs, and a further 835 jobs would be lost at Filton, near Bristol, and at the shipyards in Govan, Rosyth, and Scotstoun in Scotland.In July 2014 it announced the acquisition of US intelligence company Signal Innovations Group Inc. to augment imagery and data analysis technologies in its Intelligence & Security business.In 2019 BAE Systems sold a 55% share of its UK land business to BAE Systems plays a significant role in the production of military equipment. CEO BAE Systems was operating in "the only truly open defence market",After the publication of the DIS BAE Systems CEO Mike Turner said "If we didn't have the DIS and our profitability and the terms of trade had stayed as they were... then there had to be a question mark about our future in the UK".The attraction of MES to British Aerospace was largely its ownership of Tracor, a major American defence contractor.BAE Systems Inc. now sells more to the US Department of Defense (DOD) than to the UK MoD.The possibility of a merger between BAE Systems Inc. and major North American defence contractors has long been reported, including Boeing, General Dynamics, Lockheed Martin, and Raytheon.As of 21 February 2018 BAE Systems listed the following as "significant" shareholders: From 1 January 2018 BAE divides its business into the following business groups: British Aerospace (BAe) is een vliegtuigfabrikant uit het Verenigd Koninkrijk, die nu deel uitmaakt van BAE Systems. The UK A judicial review of the decision by the SFO to drop the investigation was granted on 9 November 2007.BAE Systems is alleged to have paid "secret offshore commissions" of over £7 million to secure the sale of BAE Systems ran into controversy in 2002 over the abnormally high cost of a radar system sold to In January 2007, details of an investigation by the Serious Fraud Office into BAE Systems' sales tactics in regard to South Africa were reported, highlighting the £2.3 billion deal to supply The company was reported in 2012 to have been the target of Chinese BAE Systems was in 2003 initially criticised for its role in the production of Modern timeline of British shipbuilding companies, 1960–presentRestated to exclude Airbus contributions.