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93-735: In UK service it is formally named the Special Forces Payload Bay (SFPB) and was procured under ‘Project Chalfont’. Training is conducted at the purpose-built Chalfont Shore Facility (CSF) constructed by BAE Systems at HMNB Clyde . It is used by the Astute -class submarine . The United States Navy 's DDSs are 38 feet (12 m) long and 9 feet (2.7 m) high and wide, add about 30 tons to its host submarine's submerged displacement, can be transported by trucks or C-5 Galaxy airplanes, and require one to three days to install and test. They have three HY-80 steel sections within

186-456: A joint stock company . In return for a 20% share in the new company BAE Systems transferred ownership of its Airbus plants (known as Airbus UK ) to the new company. 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. However, on 6 April 2006 it was reported that it was indeed to sell its stake, then "conservatively valued" at £2.4 billion. Due to

279-441: A "core business". 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 10 September 2006 the company was awarded a £2.5 billion contract for the upgrade of 80 Royal Saudi Air Force Tornado IDSs. One of BAE Systems' major aims, as highlighted in the 2005 Annual Report, was the granting of increased technology transfer between

372-490: A "strategic bias" for expansion and investment in the U.S. In 1999, the most significant part of the newly created BAE Systems North America was Tracor , which was acquired after its sale to the company's subsidiary, Marconi North America, in 1998. These two companies generated $ 2.5 billion in sales to the US Department of Defense in the same year. Since 1999, almost all of BAE Systems' growth has been concentrated in

465-540: A "strategic bias" for expansion and investment in the US. The review also confirmed the attractiveness of the land systems sector and, with two acquisitions in 2004 and 2005, BAE moved from a limited land systems supplier to the second largest such company in the world. This shift in strategy was described as "remarkable" by the Financial Times . Between 2008 and early 2011 BAE acquired five cybersecurity companies in

558-403: A Florida-based manufacturer of military, law enforcement and personnel safety equipment on May 7, 2007. The company was a manufacturer of diversified products for the military, law enforcement, and personnel safety markets. Following regulatory and shareholder approval, the acquisition was completed on July 31, 2007 for approximately $ 4.532 billion. BAE has received large contracts as a result of

651-821: A Special Security Agreement which allows it to work on some of the most sensitive United States defense programs despite its foreign ownership. It is incorporated in Delaware . It employs approximately 35,000 workers within U.S. borders and several thousand more in Israel , South Africa , Sweden and the United Kingdom . Major business lines of BAE Systems Inc. include electronic warfare, sensing and communications equipment; armored vehicles , artillery systems ; naval guns and naval ship repair; and cybersecurity and intelligence services. Generating annual sales nearing $ 13.6 billion, BAE Systems Inc. contributes almost half of

744-475: A UK-based aircraft manufacturer to a broadly-based systems business. Through this transformation the company has achieved a more balanced portfolio and geographic spread." BAE Systems North America was renamed BAE Systems Inc. in 2005 following a major reorganization of BAE Systems plc as a result of the SELEX Sistemi Integrati and United Defense Industries transactions. BAE has described

837-572: A deal worth £800 million. The deal was significant because it was a factor in India's decision to finalise a £1 billion order for 66 Hawks in March 2004. Also in July 2003 BAE Systems and Finmeccanica announced their intention to set up three joint venture companies, to be collectively known as Eurosystems . These companies would have pooled the avionics, C4ISTAR and communications businesses of

930-810: A key element of the United Kingdom's nuclear weapons capability. BAE has operated the Holston Army Ammunition Plant in Tennessee, since 1999, and the Radford Army Ammunition Plant in Radford , Virginia since 2012. BAE Systems' biggest markets are the US 44%, UK 20%, Saudi Arabia 11% and Australia 4%, as of 2022. BAE Systems is the main supplier to the UK MoD ; in 2009/2010 BAE Systems companies in

1023-432: A major American defence contractor, for £830 million (about US$ 1.4 billion). The 1997 merger of American corporations Boeing and McDonnell Douglas , which followed the formation in 1995 of Lockheed Martin , the world's largest defence contractor, increased the pressure on European defence companies to consolidate. In June 1997, British Aerospace Defence managing director John Weston commented "Europe ...

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1116-579: A manufacturer of electronic controls for aircraft, space vehicles and the transportation industry for US$ 510 million. LMCS was renamed BAE Systems Platform Solutions . In November 2000 BAE Systems purchased Lockheed Martin Aerospace Electronic Systems , a defense systems company which encompassed Sanders , Fairchild Systems and Lockheed Martin Space Electronics & Communications. Following an internal reorganization

1209-483: A perfect solution." The attraction of MES to British Aerospace was largely its ownership of Tracor, a major American defence contractor. BAE Systems Inc. 39°05′41″N 77°10′43″W  /  39.09472°N 77.17861°W  / 39.09472; -77.17861 BAE Systems Inc. (formerly BAE Systems North America ) is an American subsidiary of multinational defense, security, and aerospace company BAE Systems plc . The American subsidiary operates under

1302-538: A provider of "photonics, information technologies, system integration ...and a variety of services to other government agencies in areas such as pollution mapping and search and rescue." STI is now part of the CNIR division of BAE Systems E&IS. In August 2004 BAE Systems acquired Boeing Commercial Electronics (now part of the Platform Solutions unit of BAE Systems E&IS). In September 2004 BAE announced

1395-478: A provider of vehicle and individual armour systems and survivability technologies. BAE Systems (and British Aerospace previously) was a technology partner to the McLaren Formula One team from 1996 to December 2007. The partnership originally focused on McLaren's F1 car's aerodynamics, eventually moving on to carbon fibre techniques, wireless systems and fuel management. BAE Systems' main interest in

1488-434: A sharp increase in interim sales and profits. In August 2023 BAE agreed to acquire the aerospace division of US-based Ball Corporation for $ 5.6 billion in cash (approximately £4.5 billion); this was BAE's largest acquisition up until that point and was completed on 16 February 2024. In October 2023, BAE was awarded a £3.95 billion contract for development work on Aukus-class submarines up to 2028. BAE Systems plays

1581-673: A shift in strategy to take account of reduced spending by governments on "traditional defence items such as warships and tanks". In 2000 Matra Marconi Space , a joint BAE Systems/Matra company, was merged with the space division of DASA to form Astrium . On 16 June 2003 BAE sold its 25% share of Astrium for £84 million, however due to the lossmaking status of the company, BAE Systems invested an equal amount for "restructuring". BAE Systems sold its 54% majority share of BAE Systems Canada , an electronics company, in April for CA$ 310 (approx. £197 million as of December 2010). In November 2001,

1674-586: A shock profit warning due to cost overruns of the Nimrod MRA4 maritime reconnaissance/attack aircraft and the Astute -class submarine projects. On 19 February 2003 BAE took a charge of £750 million against these projects and the Ministry of Defence (MoD) agreed to pay a further £700 million of the cost. In 2000 the company had taken a £300 million "loss charge" on the Nimrod contract which

1767-532: A significant role in the production of military equipment. In 2017, 98% of BAE Systems' total sales were military related. It plays important roles in military aircraft production. The company's Typhoon fighter is one of the main front line aircraft of the RAF. The company is a major partner in the F-35 Lightning II programme. Its Hawk advanced jet trainer aircraft has been widely exported. In July 2006,

1860-663: Is competitive, however largely between American firms, while foreign companies are excluded. In December 2005 the MoD published the Defence Industrial Strategy (DIS) which has been widely acknowledged to recognise BAE Systems as the UK's "national champion". The government claimed the DIS would "promote a sustainable industrial base, that retains in the UK those industrial capabilities needed to ensure national security." After

1953-467: Is fully owned by BAE Systems plc. Jerry DeMuro replaced Linda Hudson as appointed Chief Operating Officer, BAE Systems plc, and President and CEO of BAE Systems Inc. in January 2014. In December 2019, the company announced that Tom Arseneault would be named the new President and CEO, with DeMuro transitioning to a new role as executive vice president of Strategic Initiatives, while continuing to serve on

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2046-476: Is headquartered at the existing facility in Telford, Shropshire. In August 2020 BAE Systems completed the purchase of United Technologies ' military GPS businesses for $ 1.9 billion and Raytheon 's military airborne radios business for $ 275 million. The sale of these two business was a condition of the merger approval that saw their two parent companies merge to form Raytheon Technologies . In November 2020,

2139-543: Is led by president and chief executive officer Tom Arseneault, and is headquartered in Falls Church, Virginia . It maintains operating locations in 38 states, with especially large concentrations in the Northeastern and Southeastern regions of the U.S. The enterprise holds over 2,000 patents and is a dominant player in many of the markets it addresses. For example, it builds the electronic-warfare systems for

2232-540: Is supporting three times the number of contractors on less than half the budget of the U.S." European governments wished to see the merger of their defence manufacturers into a single entity, a "European Aerospace and Defence Company". As early as 1995, British Aerospace and the German aerospace and defence company DaimlerChrysler Aerospace (DASA) were said to be keen to create a transnational aerospace and defence company. The two companies envisaged including Aérospatiale,

2325-871: The Ohio -class submarine . The Ohio -class SSGNs are capable of supporting dual dry deck shelters. Suffren -class submarine, a nuclear attack submarines designed by the French shipbuilder Naval Group , integrate a removable dry deck shelter. It can deploy a dozen combat swimmers and embark the new PSM3G swimmer delivery vehicle (SDV). Former US Navy DDS-capable submarines include: Ethan Allen -class submarine : Sturgeon -class submarine : Benjamin Franklin -class submarine : Note: The Benjamin Franklin -class special operations attack submarines were capable of supporting dual dry deck shelters. Five Permit -class submarines were also fitted to carry

2418-577: The Astute -class submarines, Type 26 frigates and Dreadnought -class submarines. BAE Systems is indirectly engaged in production of nuclear weapons – through its share of MBDA it is involved with the production and support of the ASMP missile, an air-launched nuclear missile which forms part of the French nuclear deterrent . The company is also the UK's only nuclear submarine manufacturer and thus produces

2511-626: The Astute -class submarines, and the Type 26 frigates were all confirmed in the 2010 SDSR. A new generation of nuclear missile submarines, the Dreadnought -class , was ordered in 2016. BAE Systems sold the regional aircraft leasing and asset management arm of its Regional Aircraft business in May 2011. This unit leases the BAe 146 /Avro RJ family, BAe ATP , Jetstream and BAe 748 . The company retained

2604-541: The Concorde supersonic airliner with Aérospatiale . British Aerospace was a civil and military aircraft manufacturer, as well as a provider of military land systems. The company had emerged from the massive consolidation of UK aircraft manufacturers since World War II. British Aerospace was formed on 29 April 1977, by the nationalisation and merger of the British Aircraft Corporation (BAC),

2697-612: The Department of Trade and Industry which prevented a reference of the merger to the Monopolies and Mergers Commission . These were largely to ensure that the integrated company would tender sub-contracts to external companies on an equal basis with its subsidiaries. Another condition was the " firewalling " of former British Aerospace and MES teams on defence projects such as the Joint Strike Fighter (JSF). In 2007

2790-539: The Gripen fighter aircraft. In 2005 it reduced this share to 20.5% and in March 2010 announced its intention to sell the remainder. The Times stated that the decision brought "to an end its controversial relationship with the Gripen fighter aircraft". Several of the export campaigns for the aircraft were subject to allegations of bribery and corruption. The company continued its move into support services in May 2010 with

2883-703: The Hawker Siddeley Group and Scottish Aviation . Both BAC and Hawker Siddeley were themselves the result of various mergers and acquisitions. Marconi Electronic Systems was the defence subsidiary of British engineering firm the General Electric Company (GEC), dealing largely in military systems integration , as well as naval and land systems. Marconi's heritage dates back to Guglielmo Marconi 's Wireless Telegraph & Signal Company, founded in 1897. GEC purchased English Electric (which included Marconi) in 1968 and thereafter used

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2976-695: The Lockheed Martin F-35 Lightning II , the Eurofighter Typhoon , the Astute -class submarine , and the Queen Elizabeth -class aircraft carriers . BAE is listed on the London Stock Exchange 's FTSE 100 Index . British Aerospace bought Marconi Electronic Systems for £7.7 billion on 30 November 1999 and merged with it to form BAE Systems. The company is the successor to many of

3069-496: The Panavia Tornado and Eurofighter Typhoon aircraft projects. Merger discussions began between British Aerospace and DASA in July 1998, just as French participation became more likely with the announcement that Aérospatiale was to merge with Matra and emerge with a diluted French government shareholding. A merger was agreed between British Aerospace chairman Richard Evans and DASA CEO Jürgen Schrempp . Meanwhile, GEC

3162-593: The TAI TF Kaan aircraft. On 10 October 2017, BAE announced that it would lay off nearly 2,000 out of its approximately 35,000 employees in Britain, mainly due to an order shortage for the Typhoon fighter. In 2019 BAE Systems sold a 55% share of its UK land business to Rheinmetall . The resultant joint venture (JV), Rheinmetall BAE Systems Land (RBSL), was established in July 2019 following regulatory approval and

3255-413: The 1980s to shift the burden of risk to the contractor and were in contrast to "cost plus contracts" where a contractor was paid for the value of its product plus an agreed profit. BAE Systems was operating in "the only truly open defence market", which meant it was competing with US and European companies for British defence projects, while they were protected in their home markets. The US defence market

3348-521: The British government declassified the HERTI (High Endurance Rapid Technology Insertion), an Unmanned Aerial Vehicle (UAV) which can navigate autonomously. It is currently developing a sixth-generation jet fighter aircraft for the RAF marketed as the " Tempest " along with the MoD, Rolls-Royce , Leonardo and MBDA. It is intended to enter service from 2035 replacing the Typhoon aircraft in service with

3441-572: The DASA merger in favour of purchasing its British rival. The merger of British Aerospace and MES was announced on 19 January 1999. Evans stated in 2004 that his fear was that an American defence contractor would acquire MES and challenge both British Aerospace and DASA. The merger created a vertically integrated company which The Scotsman described as "[a combination of British Aerospace's] contracting and platform-building skills with Marconi's coveted electronics systems capability", for example combining

3534-557: The DDS. BAE Systems 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

3627-502: The Marconi brand for its defence businesses (as GEC-Marconi and later Marconi Electronic Systems). GEC's own defence heritage dates back to World War I, when its contribution to the war effort included radios and bulbs. World War II consolidated this position, as the company was involved in important technological advances, notably the cavity magnetron for radar . Between 1945 and 1999, GEC-Marconi/Marconi Electronic Systems became one of

3720-500: The MoD announced the award of a 20-year, £2.4 billion munitions contract to BAE. This will see BAE manufacture 39 different munitions for the UK armed forces and supersedes the 2008 MASS contract. In July 2023, BAE received a related £280 million order to address a munitions shortage caused by the supply of ammunition to Ukraine. In 2022, during the Russian invasion of Ukraine , major arms manufacturers, including BAE Systems, reported

3813-653: The RAF. BAE Systems Land and Armaments manufactures the M2/M3 Bradley fighting vehicle family, the US Navy Advanced Gun System (AGS), M113 armoured personnel carrier (APC), M109 Paladin , Archer , M777 howitzer , the British Army's Challenger 2 , Warrior Tracked Armoured Vehicle , Panther Command and Liaison Vehicle , and the SA80 assault rifle . Major naval projects include

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3906-691: The U.S. BAE Systems North America has grown to the point where its sales to the U.S. Department of Defense have surpassed those of its parent to the UK Ministry of Defence . BAE Systems is now by far the largest foreign investor in the US defense industry. With BAE's comprehensive military agreement with the US government and the political and military ties that exist between the US and the UK, BAE Systems has faced little opposition to acquisitions of important US defense contractors. In April 2000, BAE purchased Lockheed Martin Control Systems (LMCS),

3999-641: The U.S. organization’s Board of Directors. As per its Special Security Arrangement , BAE Systems Inc. operates as a semi-autonomous business unit within BAE Systems controlled at a local level by American management. In May 2006 the CEO of BAE Systems described the "firewalled" status of BAE Systems Inc: "The British members of the corporate leadership, me included, get to see the financial results; but many areas of technology, product and programme are not visible to us.... The SSA effectively allows us to operate in

4092-509: The UDI and Armor Holdings acquisitions; for example $ 1.1bn worth of refurbishment and upgrading work, an order in January 2008 for medium mine-protected vehicles (MMPVs) which could earn up to $ 2.3bn, and a $ 2.24bn contract for mine-resistant ambush-protected (MRAP) vehicles in December 2007. On December 12, 2007, BAE announced the acquisition of Dayton, Ohio -based MTC Technologies. The purchase

4185-576: The UK Armed Forces' ammunition and required BAE to modernise its munitions manufacturing facilities. BAE Systems expanded its intelligence and security business with the £531 million purchase of Detica Group in July 2008. It continued this strategy with purchases of Danish cyber and intelligence company ETI for approximately $ 210 million in December 2010, and Norkom Group PLC the following month for €217 million. The latter provides counter fraud and anti-money laundering solutions to

4278-428: The UK and Saudi Arabia reached an agreement on an arms package which saw a £1.6 billion contract awarded to BAE for the delivery of 55 Pilatus PC-21 and 22 BAE Systems Hawk aircraft. The Sultanate of Oman ordered Typhoon and Hawk aircraft worth £2.5 billion in December 2012. In September 2012, it was reported that BAE Systems and EADS had entered merger talks which would have seen BAE shareholders own 40% of

4371-499: The UK and the US. The F-35 (JSF) programme became the focus of this effort, with British government ministers such as Lord Drayson , Minister for Defence Procurement , suggesting the UK would withdraw from the project without the transfer of technology that would allow the UK to operate and maintain F-35s independently. On 12 December 2006, Lord Drayson signed an agreement which allows "an unbroken British chain of command" for operation of

4464-452: The USN, the first one built by Electric Boat . The first, designated DDS-01S ("S" for starboard opening outer door), was completed in 1982. The remaining five, DDS-02P ("P" for port opening), -03P, -04S, -05S, and -06P, were built between 1987 and 1991 and were built by Newport News Shipbuilding . The shelters are maintained by a combined effort of Navy divers stationed on the teams and workers of

4557-530: 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),

4650-476: The acquisition of United Defense a major manufacturer of combat vehicles, artillery and naval guns. The acquisition received regulatory approval from the Committee on Foreign Investment in the United States on April 18, 2005 and was completed on June 24. United Defense was merged into the newly created BAE Systems Land & Armaments operating group. BAE Systems announced the purchase of Armor Holdings ,

4743-519: The acquisition of the technology company DigitalNet Holdings Inc . The deal was completed on October 25, 2004 for approximately $ 600 million and the company was merged into the newly created BAE Systems Information Technology . Also in September 2004 BAE announced it was to acquire ALPHATECH, a Massachusetts-based image and signal processing company. ALPHATECH was renamed BAE Systems Advanced Information Technologies . On March 7, 2005 BAE announced

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4836-416: The aircraft. On 22 December 2006 BAE received a £947 million contract to provide guaranteed availability of Royal Air Force (RAF) Tornados. In May 2007 the company announced its subsidiary BAE Systems Inc. was to purchase Armor Holdings for £2.3 billion (approx. US$ 4.5 billion c. 2007) and completed the deal on 31 July 2007. The company was a manufacturer of tactical wheeled vehicles and

4929-571: The company announced the closure of the Avro Regional Jet ( Avro RJ ) production line at Woodford and the cancellation of the Avro RJX, an advanced series of the aircraft family, as the business was "no longer viable". The final Avro RJ to be completed became the last British civil airliner. In November 2001 BAE sold its 49.9% share of Thomson Marconi Sonar to Thales for £85 million. A further step of European defence consolidation

5022-453: The company proceed with the sale. Shareholders voted in favour and the sale was completed on 13 October. This saw the end of UK-owned involvement in civil airliner production. Airbus Operations Ltd (the former Airbus UK) continued to be the Airbus "Centre of Excellence" for wing production, employing over 9,500 in 2007. In February 2010 BAE Systems announced a £592 million writedown of

5115-619: The company's RO Defence unit to form BAE Systems Land Systems. Recognising the lack of scale of this business compared to General Dynamics, BAE Systems executives soon identified the US defence company United Defense Industries (UDI), a major competitor to General Dynamics, as a main acquisition target. On 7 March 2005 BAE announced the £2.25 billion (approx. US$ 4.2 billion c. 2005) acquisition of UDI. UDI, now BAE Systems Land and Armaments , manufactures combat vehicles, artillery systems, naval guns, missile launchers and precision guided munitions. In December 2005, BAE Systems announced

5208-450: The company's shares. BAE Systems' first annual report identified Airbus, support services to militaries and integrated systems for air, land and naval applications as key areas of growth. It also stated the company's desire to both expand in the US and participate in further consolidation in Europe. BAE Systems described 2001 as an "important year" for its European joint ventures, which were reorganised considerably. The company has described

5301-452: The contribution of Airbus UK. After its creation, BAE Systems had a difficult relationship with the MoD. This was attributed to deficient project management by the company, but also in part to the deficiencies in the terms of "fixed price contracts". CEO Mike Turner said in 2006 "We had entered into contracts under the old competition rules that frankly we shouldn't have taken". These competition rules were introduced by Lord Levene during

5394-514: The defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), with British Aerospace , 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

5487-504: The division became BAE Systems Electronics & Integrated Solutions (E&IS). This acquisition was described by John Hamre , CEO of the Center for Strategic and International Studies and former Deputy Secretary of Defense , as "precedent setting" given the advanced and classified nature of many of that company's products. In December 2002 BAE Systems completed its acquisition of Condor Pacific, Inc. for $ 58.5 million. Condor Pacific

5580-528: The former Armor Holdings business following the loss of the Family of Medium Tactical Vehicles contract in 2009. It was outbid by Oshkosh Corporation for the £2.3 billion ($ 3.7 billion) contract. Land and Armaments had been the "star performer" of BAE Systems' subsidiaries, growing from sales of £482 million in 2004 to £6.7 billion in 2009. BAE Systems inherited British Aerospace's 35% share of Saab AB , with which it produced and marketed

5673-400: The global financial services industry where its software assists institutions to comply with regulations on financial intelligence and monitoring. BAE Systems inherited British Aerospace's share of Airbus Industrie, which consisted of two factories at Broughton and Filton . These facilities manufactured wings for the Airbus family of aircraft. In 2001 Airbus was incorporated as Airbus SAS,

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5766-562: The government announced that it had agreed to release BAE Systems from ten of the undertakings due to "a change in circumstances". BAE Systems inherited the UK government-owned "golden" share that was established when British Aerospace was privatised. This unique share prevents amendments of certain parts of the company's Articles of Association without the permission of the Secretary of State. These Articles require that no foreign person or persons acting together may hold more than 15% of

5859-418: The latter to Finmeccanica for €400 million (approx. £270 million c. 2007) in March 2007. In May 2004, it was reported that the company was considering selling its shipbuilding divisions, BAE Systems Naval Ships and BAE Systems Submarines . It was understood that General Dynamics wished to acquire the submarine building facilities at Barrow-in-Furness , while VT Group was said to be interested in

5952-513: The list of Top 100 suppliers to the MoD received contracts totalling £3.98 billion, with total revenue being higher when other subsidiary income is included. In comparison, the second largest supplier is Babcock International Group and its subsidiaries, with a revenue of £1.1 billion from the MoD. Oxford Economic Forecasting states that in 2002 the company's UK businesses employed 111,578 people, achieved export sales of £3 billion and paid £2.6 billion in taxes. These figures exclude

6045-669: 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. On 9 October 2014, the company announced the loss of 440 management jobs across the country, with 286 of the job cuts in Lancashire. 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 August 2014, BAE

6138-407: The maintenance company Oceaneering International . They have expected useful lives of about 40 years each. The first submarine to have an operational dry deck shelter was the USS  Cavalla , which was fitted with the DDS in 1982 and first deployed with it in 1983. It is deployed on the Virginia -class submarine , the Los Angeles -class submarine , the Seawolf -class submarine :, and

6231-413: The manufacturer of the Eurofighter with the company that provided many of the aircraft's electronic systems; British Aerospace was MES's largest customer. In contrast, DASA's response to the breakdown of the merger discussion was to merge with Aérospatiale to create the European Aeronautic Defence and Space Company ( EADS ), a horizontal integration . Seventeen undertakings were given by BAE Systems to

6324-424: The most famous British aircraft, defence electronics and warship manufacturers. Predecessor companies built the Comet , the world's first commercial jet airliner; the Harrier "jump jet", the world's first operational vertical/short take-off and landing (VTOL) aircraft; the "groundbreaking" Blue Vixen radar carried by Sea Harrier FA2s and which formed the basis of the Eurofighter's CAPTOR radar; and co-produced

6417-444: The other major European aerospace company, but only after its privatisation. The first stage of this integration was seen as the transformation of Airbus from a consortium of British Aerospace, DASA, Aérospatiale and Construcciones Aeronáuticas SA into an integrated company; with this aim British Aerospace and DASA were united against the various objections of Aérospatiale. As well as Airbus, British Aerospace and DASA were partners in

6510-667: The outer glass-reinforced plastic (GRP) fairing: a spherical hyperbaric chamber at the forward end to treat injured divers; a smaller spherical transfer trunk; and a cylindrical hangar with elliptical ends. The hangar can support a SEAL Delivery Vehicle (SDV) submersible, six Navy SEALs to man the SDV, and a crew of Navy Divers to operate the DDS and launch the SDV; or 20 SEALs with four Combat Rubber Raiding Craft (CRRC). The SDV release team consists of 2 officers, 2 enlisted technicians, and 18 divers. The two SEAL delivery vehicle teams report to Naval Special Warfare Group 3 . There are currently six portable dry deck shelters in use by

6603-485: The parent company's global revenues and is typically ranked among the Pentagon's top-10 suppliers. It operates under a Special Security Agreement with a separate board of directors from the London-based parent to assure the protection of sensitive information concerning the U.S. programs in which it is engaged. Because it consists largely of legacy American enterprises, BAE Systems Inc. has more involvement in such programs than any other foreign-owned company. BAE Systems Inc.

6696-613: The partnership was to learn about the high speed build and operations processes of McLaren. The company announced the acquisition of Tenix Defence , a major Australian defence contractor in January 2008. The purchase was completed on 27 June for A$ 775 million (£373 million) making BAE Systems Australia that country's largest defence contractor. The MoD awarded BAE Systems a 15-year munitions contract in August 2008 worth up to £3 billion, known as Munition Acquisition Supply Solution (MASS). The contract guaranteed supply of 80% of

6789-541: 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". Lord Levene said in the balance between value for money or maintaining a viable industrial base the DIS "tries as well as it can to steer a middle course and to achieve as much as it can in both directions. ...We will never have

6882-559: The purchase of the marine support company Atlantic Marine for $ 352 million. In September 2010 BAE Systems announced plans to sell the Platform Solutions division of BAE Systems Inc., which the Financial Times estimated could yield as much as £1.3 billion. Despite "considerable expressions of interest", the sale was abandoned in January 2011. The purchases of Queen Elizabeth -class aircraft carriers ,

6975-578: The rationale for expansion in the US; "[it] is by far the largest defence market with spend running close to twice that of the Western European nations combined. Importantly, US investment in research and development is significantly higher than in Western Europe." When Dick Olver was appointed chairman in July 2004 he ordered a review of the company's businesses which ruled out further European acquisitions or joint ventures and confirmed

7068-447: The rationale for expansion in the US; "[it] is by far the largest defense market with spend running close to twice that of the Western European nations combined. Importantly, US investment in research and development is significantly higher than in Western Europe." When Dick Olver was appointed Chairman in July 2004 he ordered a review of the company's businesses which ruled out further European acquisitions or joint ventures and confirmed

7161-519: The remaining yards on the Clyde . Instead, in 2008 BAE Systems merged its Surface Fleet arm with the shipbuilding operations of VT Group to form BVT Surface Fleet , an aim central to the British Government's Defence Industrial Strategy . On 4 June 2004, BAE Systems outbid General Dynamics for Alvis Vickers , the UK's main manufacturer of armoured vehicles. Alvis Vickers was merged with

7254-562: The resulting organisation. On 10 October 2012, the companies said the merger talks had been called off. The Guardian reported that this was due to the German Government's concern about the "potential size of the French shareholding in the combined company, as well as disagreements over the location of the group's headquarters". In November 2013, BAE Systems announced that shipbuilding would cease in Portsmouth in 2014 with

7347-493: The sale of its German naval systems subsidiary, Atlas Elektronik, to ThyssenKrupp and EADS. The Financial Times described the sale as "cut price" because French company Thales bid €300 million, but was blocked from purchasing Atlas by the German government on national security grounds. On 31 January 2006 the company announced the sale of BAE Systems Aerostructures to Spirit AeroSystems, Inc. , having said as early as 2002 that it wished to dispose of what it did not regard as

7440-515: The slow pace of informal negotiations, BAE Systems exercised its put option which saw investment bank Rothschild appointed to give an independent valuation. Six days after this process began, Airbus announced delays to the A380 with significant effects on the value of Airbus shares. On 2 June 2006 Rothschild valued the company's share at £1.87 billion, well below its own analysts' and even EADS's expectations. The BAE Systems board recommended that

7533-399: The support and engineering activities of the business. In September 2011, BAE Systems began consultation with unions and workers over plans to cut nearly 3,000 jobs, mostly in the company's military aircraft division. 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 May 2012 the governments of

7626-788: The tri-service F-35 fighter; it produces all of the vehicles in U.S. Army ’s Armored Brigade Combat Teams except the Abrams tank ; and it is the biggest provider of ship repair services to the US Navy. The company was created on November 30, 1999 through the merging of Marconi Electronic Systems (MES) and British Aerospace (BAe) to form BAE Systems. Their respective subsidiaries in the USA , Marconi North America and British Aerospace North America, were similarly merged to form BAE Systems North America. BAE Systems' 2003 Annual Report stated "in recent years BAE Systems has undergone a... transformation from

7719-449: The two companies. However the difficulties of integrating the companies in this way led to a re-evaluation of the proposal; BAE Systems' 2004 Annual Report states that "recognising the complexity of the earlier proposed Eurosystems transaction with Finmeccanica we have moved to a simpler model". The main part of this deal was the dissolution of AMS and the establishment of SELEX Sensors and Airborne Systems ; BAE Systems sold its 25% share of

7812-526: The world's first battlecruiser ; and Vickers Shipbuilding and Engineering , builder of the Royal Navy's first submarines . Since its 1999 formation, BAE Systems has made a number of acquisitions, most notably of United Defense and Armor Holdings of the United States, and has sold its shares in Airbus , Astrium , AMS and Atlas Elektronik . It is involved in several major defence projects, including

7905-702: The world's first aircraft companies; de Havilland , manufacturer of the Comet , the world's first commercial jet airliner; Hawker Siddeley , manufacturer of the Harrier , the world's first VTOL attack aircraft; British Aircraft Corporation , co-manufacturer of the Concorde supersonic transport; Supermarine , manufacturer of the Spitfire ; Yarrow Shipbuilders , builder of the Royal Navy 's first destroyers ; Fairfield Shipbuilding and Engineering Company , builder of

7998-436: The world's most important defence contractors . GEC's major defence related acquisitions included Associated Electrical Industries in 1967, Yarrow Shipbuilders in 1985, Plessey companies in 1989, parts of Ferranti 's defence business in 1990, the rump of Ferranti when it went into receivership in 1993/1994, Vickers Shipbuilding and Engineering in 1995 and Kværner Govan in 1999. In June 1998, MES acquired Tracor ,

8091-508: Was a manufacturer of sensors and guidance systems for the aerospace industry. In 2003 BAE Systems acquired Advanced Power Technologies, Inc (APTI), a data exploitation company and provider of communications and networking solutions, for $ 27 million. APTI was merged into E&IS. In March 2003 BAE Systems acquired MEVATEC , a provider of "professional technical services", which was renamed BAE Systems Analytical & Ordnance Solutions . In 2004 BAE Systems purchased STI Government Systems ,

8184-491: Was also under pressure to participate in defence industry consolidation. Reporting the appointment of George Simpson as GEC managing director in 1996, The Independent said "some analysts believe that Mr Simpson's inside knowledge of BAe, a long-rumoured GEC bid target, was a key to his appointment. GEC favours forging a national 'champion' defence group with BAe to compete with the giant US organisations." When GEC put MES up for sale on 22 December 1998, British Aerospace abandoned

8277-642: Was awarded a £248 million contract from the British government to build three new offshore patrol vessels . In October 2014, BAE Systems won a £600 million contract from the MoD to maintain Portsmouth naval base for five years. During 2014 BAE Systems acquired US-based cybersecurity firm Silversky for $ 232.5 million. During Prime Minister Theresa May 's visit to Turkey in January 2017, BAE and TAI officials signed an agreement, worth about £100 million, for BAE to provide assistance in developing

8370-501: Was expected to cover "all the costs of completion of the current contract". The troubled Nimrod project would ultimately be cancelled as part of the 2010 Strategic Defence and Security Review (SDSR). The UK government, following a cabinet row described as "one of the most bitter Cabinet disputes over defence contracts since the Westland helicopter affair in 1985", ordered 20 BAE Hawk trainer aircraft with 24 options in July 2003 in

8463-940: Was finalized in June 2008. On February 16, 2024, BAE announced the completion of its acquisition of Ball Aerospace from Ball Corporation , and the re-branding of that acquisition as BAE Space and Mission Systems (SMS), for a purchase price of $ 5.5 billion (U.S.). At the time of the acquisition, approximately 5,200 employees were transferred from the former Ball Aerospace to BAE SMS. Electronic Systems ：Electronic Systems produces commercial and defense electronics for flight and engine control, electronic warfare, surveillance, communications, and power and energy management. Intelligence & Security ：Systems engineering, integration, and support services. Platforms & Services ：Tracked and wheeled armored combat vehicles, naval guns, naval ship repair and modernization, artillery and missile launching systems, munitions and ordnance. BAE Systems Inc.

8556-473: Was in takeover discussions with TRW , an American aerospace, automotive and defence business. This was prompted by Northrop Grumman 's £4.1 billion (approx. US$ 6 billion c. 2002) hostile bid for TRW in February 2002. A bidding war between BAE Systems, Northrop and General Dynamics ended on 1 June when Northrop's increased bid of £5.1 billion was accepted. On 11 December 2002, BAE Systems issued

8649-405: Was the merger of BAE's share of Matra BAe Dynamics and the missile division of Alenia Marconi Systems (AMS) into MBDA in December. MBDA thus became the world's second largest missile manufacturer. Although EADS (now Airbus SE ) was later reported to be interested in acquiring full control of MBDA, BAE said that, unlike Airbus, MBDA is a "core business". In June 2002, BAE Systems confirmed it

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