BAE Systems
British defence, security and aerospace company
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BAE Systems plc is a British multinational aerospace, defence and information security company, based in London, England. It is the largest manufacturer in Britain as of 2017. It is the largest defence contractor in Europe and the seventh-largest in the world based on applicable 2021 revenues. Its largest operations are in the United Kingdom and in the United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Its next biggest markets are Saudi Arabia, then Australia; other major markets include Canada, Japan, India, Turkey, Qatar, Oman and Sweden. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger of Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), with British Aerospace, an aircraft, munitions and naval systems manufacturer.
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Tempest fighter is 'expensive but vital' to UK defence and jobs - BAE bossThe chief executive of BAE Systems has told Sky News that, while the programme to build the UK's planned sixth-generation fighter jet is expensive, it will be vital for the country's future defence..Sky News - Published | |
UK hands £4bn contract to BAE for 'powerful attack' submarinesBritain has awarded BAE Systems a £4bn contract to build "powerful attack" submarines as part of the AUKUS security pact with the US and Australia.Sky News - Published | |
CBI books Rolls-Royce for graft in defence jet dealThe CBI registered the case after a preliminary enquiry, launched in 2016, found that Choudhrie and others had entered into a criminal conspiracy with public servants who allegedly abused their..IndiaTimes - Published | |
UK arms maker enjoys record year for new orders as West's defence spending rises amid Ukraine warBAE Systems, the UK's biggest engineering company, has enjoyed a record year for new orders as western governments stepped up defence spending in response to Russia's attack on Ukraine..Sky News - Published | |
War in Ukraine helps boost earnings outlook at arms manufacturer BAE SystemsArms manufacturer BAE Systems has said it has seen increased orders, the benefits of which are to be felt for years to come, as global spending on defence rises in the wake of the Ukraine war.Sky News - Published |
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