This page will contain wikis about BAE Systems, as they become available.BAE SystemsBAE Systems, plc is the world's fourth largest defense contractor [2] and a commercial aerospace products manufacturer. Based in the United Kingdom (UK) the company has extensive worldwide interests, particularly North America. HistoryEvolution of UK aviation, 1955 to BAE Systems formation in 1999FormationIt was formed on November 30, 1999 with the merger of British Aerospace (BAe) and Marconi Electronic Systems (MES), the defence arm of The General Electric Company (GEC). The merger had been agreed on April 27, 1999. It was widely anticipated that BAe would merge with Germany’s DASA to form a pan-European aerospace giant, however BAe chose instead to merge with GEC’s defence electronics business. This move, to create what could be described as a UK company compared to what would have been an Anglo-German firm, made the possibility of penetration of the United States (US) defence market more likely. Following that decision, DASA instead merged with Aerospatiale to create the European Aeronautic Defence and Space Company (EADS). This group was joined by Spain’s CASA following an agreement in December 1999. Since the creation of BAE Systems the company has steadily increased its investment in, and its revenues from, the US, while continental European companies have made limited moves into that massive market. Major European companies such as Thales and EADS are unlikely to ever be awarded, for example, a position relative to BAE Systems' involvement in the F-35 Joint Strike Fighter programme. BAE Systems inherited the "special" shareholding that was established when British Aerospace was privatised. This special share, with a nominal value of £1, is held on behalf of the Secretary of State for Trade and Industry. This shareholding prevents amendments of certain parts of the Articles of Association without the Secretary of State's permission. These Articles include the following requirements:
Merger undertakingsVarious conditions were attached to approval of the merger between BAe and MES.
Expansion & further consolidationWith almost total consolidation of the defence industry on the European continent, BAE Systems turned its attention to North America, for example acquiring Lockheed Martin Control Systems, (LMCS) which produces controls for the B-2 Spirit bomber, the C-17 Globemaster strategic transport, the F/A-18, the Boeing 757 and Boeing 767 commercial jets. Of all the company's activities the most profitable are the Al Yamamah contracts to supply and support the Royal Saudi Air Force. This deal produces nearly half of the company's profits, £411m ($700m) out of £980m in 2003. In June 2003, rumours started to circulate about a possible merger with either Boeing (who acquired BAE Systems' former partner McDonnell Douglas in 1997) or Lockheed Martin. Later that year the Boeing's Chief Executive denied any possibility of a North American merger on the grounds of "conflict of interest" pertaining to the affiliation with the Airbus consortium. However, if that were the only stumbling block, it seems likely that BAE Systems would gladly sell its minority share in Airbus to gain a greater share in North American aerospace and defence projects. The appeal of a link with a North American company is irresistible as the US defence market is by far the largest in the world. The company already has $9bn worth of sales to the Pentagon and any further move into the North American market would yield yet more. This is particularly the case if BAE Systems can win prime-contractor status on a major project. BAE Systems faces considerably fewer hurdles in this sense than their European counterparts, as there is a high degree of integration between the US and UK defence establishments. In May 2004, it was reported that BAE Systems was considering selling its shipbuilding division, the two Clyde shipyards and the Barrow-in-Furness yard. The company would only say that it was reviewing its operations. If it decided to sell it was understood that General Dynamics would like to acquire the submarine building facilities at Barrow, while Vosper Thornycroft was said to be interested in the remaining yards. BAE Systems without its shipbuilding assets would be a more attractive partner to an American company such as Boeing - which has stated that the shipbuilding operations are of no interest to them. As of 2005 the more likely move for BAE Systems' shipbuilding operations is their merger with other British shipyards to form a "Newco" shipbuilding company. On June 4, 2004 BAE Systems outbid General Dynamics for Alvis Vickers. What had seemed a certain win for the US company was stopped by BAE Systems' surprise move. It has been seen as an attempt to keep such a strong competitor "at bay" in BAE Systems' "backyard." On February 20, 2005 The Observer reported that BAE Systems was considering selling its 20% stake in Airbus to pursue further acquisitions in the US; a BAE Systems source denied any such move. On March 7, 2005 BAE Systems announced the $3.974bn acquisition of the United States defence company United Defense Industries (UDI). UDI is primarily a land systems manufacturer, boosting BAE Systems' involvement in this sector and its sales in the important North American market. UDI manufactures combat vehicles, artillery systems, naval guns, missile launchers and precision guided munitions. EurosystemsOn January 28, 2005 BAE Systems and Finmeccanica announced the intention to dissolve their partnership in the AMS joint venture with AMS' UK and Italian operations to be taken over by the respective partners as arranged through the Eurosystems Transaction. On May 3, 2005, the Eurosystems Transaction was finalised with:
StrategyIn the company's 2003 Annual Report Sir Richard Evans sums up BAE Systems' strategy since the Marconi merger:
ManagementIn late March 2004, after more than 30 years with the company (and its predecessors), BAE Systems' longstanding Chairman Sir Richard Evans announced his successor. Dick Olver, formerly the deputy chief-executive of BP, succeeded Sir Richard on July 1, 2004. This appointment came at a significant time with stock market confidence still recovering from a shock profit warning in December 2002. This was due to cost overruns of the Nimrod MR4 maritime reconnaissance/attack aircraft and the Astute SSN projects. BAE Systems took a hit of $1.369bn on these projects. BAE Systems' CEO is Mike Turner, who replaced John Weston in 2002. Weston was forced out in what was a surprise move. It is understood that Turner, like Evans, has a poor working relationship with senior Ministry of Defence officials, including the Defence Secretary Geoff Hoon. Significantly the first meeting between Olver and Hoon is said to have gone well, a MoD official has said "He is a man we can do business with. We think it is good to be taking a fresh look at things." [3] In July, 2004 Olver announced a review of all of BAE Systems' activities, which will be conducted by independent analysts lead by investment bank Morgan Stanley. This review will advise the group on what its strategy should be and hence what acquisitions or disposals it needs to make. Harry Stonecipher, former CEO of Boeing, has criticised the vertical integration of BAE Systems. Reports in 2005 have suggested that relations between the Chairman (Olver) and CEO (Turner) are strained. These suggest that Olver has been involving himself in parts of the business which a Chairman traditionally hasn't. In June 2005 Turner heightened investor concerns of boardroom tensions by crticising Olver's knowledge of the defence industry, "[he] has a low knowledge base and knows nothing about our industry" [4]. Turner did suggest however that Olver was on a learning curve, "He'll fully understand it [in 5 years]. This is a business that takes time to understand. It's not just business, it's political." [5] OrganisationAirbus UKAirbus UK is a wholly owned subsidiary of BAE Systems and produces wings for the Airbus aircraft family. Airbus UK has two main sites; Broughton in North Wales carries out final assembly and Filton produces components and wing sections. Filton is also home to a retired Concorde. Hawker Siddeley (which merged with British Aircraft Corporation (BAC) in 1977 to form British Aerospace) was part of the first Airbus projects, the Airbus A300. The British government withdrew support in 1969 but Hawker Siddeley was allowed to continue as supplier of the aircraft's wings due to the advanced stages of design and the reluctance of other nations to take over the wing design. In 1979 BAe rejoined the Airbus consortium. In 2001 Airbus Industrie became Airbus S.A.S., the Airbus Integrated Company. Airbus UK started work on the wings for the Airbus A380 in August 2002. BAE Systems Air SystemsAir Systems manages BAE Systems’ military aircraft projects, primarily:
BAE Systems Integrated System TechnologiesBAE Systems Integrated System Technologies (to be known informally as Insyte) was formed on May 3, 2005 by bringing together BAE Systems' interests in C4ISR and the UK operations of AMS following the Eurosystems Transaction (see Expansion & further consolidation for further details). The division is a major supplier of defence electronics, integrated command & control (C²) systems, radar, simulators, meteorological systems, data links and C4ISR battle management systems. BAE Systems Customer Solutions & SupportBAE Systems Customer Solutions & Support (CS&S) provides through life support and upgrades for defence forces.
The RAF Tornado GR4 upgrade is an excellent example of the work undertaken by the CS&S division. BAE Systems Land SystemsBAE Systems Land Systems was created in 2004 to consolidate BAE Systems’ land warfare systems expertise by bringing together RO Defence and the newly acquired Alvis Vickers. This group provides Armoured vehicles, explosives, Artillery Ammunition, Mortars, Small Arms, Naval Ammunition Launchers, Warheads (e.g. BROACH), Multiple Launch Rocket Systems, Tank and Artillery Ordnance, Electronic Systems. With the acquisition of United Defense Industries in 2005 Land Systems became part of BAE Systems Land and Armaments, based in Arlington, VA, USA. BAE Systems Naval ShipsFormed in 2003 BAE Systems Naval Ships was formed to centralise BAE Systems' shipbuilding operations. This new company took the surface vessel shipyards at Scotstoun and Govan, formerly part of BAE Systems Marine. At the same time the Barrow shipyard, BAE Systems Marine (VSEL), became part of BAE Systems Submarines (see below). As well as services, construction products include:
BAE Systems North AmericaBAE Systems North America’s headquarters are in Rockville, Maryland and the division has facilities in 30 US states and Washington D.C. Perhaps the single most important division of BAE Systems, it is the business which gives BAE Systems access to the American aerospace and defence market. This is important due to the unmatched $400bn spent on defence by the US government. This has led to a situation where BAE Systems' North American operations now account for approximately 30% of the company’s profits while its UK operations (its "home market") now accounts for less than 25%. Businesses purchased in the US by the former GEC businesses before the merger and BAE Systems after the merger include:
BAE Systems Regional AircraftBAE Systems Regional Aircraft produced the last fully UK-built airliner in November 2001, the Avro RJX (formerly the BAE 146). While this unit no longer produces aircraft it continues to lease aircraft and provide support, spares and training for its products, the
BAE Systems Shared ServicesBAE Systems Shared Services is the group with BAE Systems responsible for managing resources and directing operations. It manages BAE Systems’ car and aircraft fleets, employee payroll, services and benefits. Shared Services also manages BAE Systems’ Advanced Technology Centre and the company’s IT & e-services contracts. An important part of the company is Property & Environmental Services which manages BAE Systems’ own property and provides specialist services such as defence site decommissioning. BAE Systems SubmarinesBAE Systems Submarines, until 2003 a unit within BAE Systems Marine, is responsible for the development and production of the Astute class submarine. The submarines are constructed at BAE Systems’ yard at Barrow-in-Furness. The Astute class is a new generation of nuclear attack submarine (SSN) for the Royal Navy. The order for the initial batch of three ships was place in 1997, with Vickers Shipbuilding and Engineering, since absorbed into BAE Systems . BAE Systems Underwater SystemsThis company is responsible for BAE Systems’ extensive range of underwater warfare products:
BAE Systems Platform SolutionsPlatform Solutions is based in the US as part of BAE Systems North America with facilities in the UK. The company provides vehicle management, power systems, guidance and control interfaces for vehicles, aircraft and UAVs. Atlas ElektronikAtlas Elektronik, a German marine systems business, is a wholly owned subsidiary of BAE Systems. The company is based in Bremen. Gripen InternationalFormed in 2001, Gripen International is a joint company for the marketing of the JAS-39 Gripen fighter. This co-operation dates back to 1995 when Saab and British Aerospace established a joint venture for Gripen export marketing. MBDA UKBAE Systems holds a 37.5% share interest in the World's secong largest missile systems manufacturer, MBDA. The remaining shares are held by EADS (37.5%) and Finmecannica (25%). SELEX Sensors and Airborne SystemsSELEX Sensors and Airborne Systems (SELEX S&AS), a joint venture with Finmeccanica in which BAE Systems has a 25% stake, was formed in May 2005 (see Expansion & further consolidation. SELEX S&AS incorporates the majority of the former BAE Systems Avionics business. Primary businesses are; airborne radar systems, Electronic Warfare (EW) systems, military lasers and electro-optical systems. Shareholdings
ProductsBAE Systems is in an enviable position. The company either leads or has a major stake in some of the most high profile, high technology civil and military aerospace and maritime projects in the world. This is not a complete list, only major projects are included. Some are: Air
Land
Sea
Future
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Some are:. He was out for two months. This is not a complete list, only major projects are included. Two minutes into the game, Abdul-Jabbar punched Milwaukee's Kent Benson in retaliation for an overly aggressive elbow. The company either leads or has a major stake in some of the most high profile, high technology civil and military aerospace and maritime projects in the world. The second time he broke his hand was in the opening game of the 1977-78 season. BAE Systems is in an enviable position. When he returned after missing the first 16 games of the season, he started wearing protective goggles. Primary businesses are; airborne radar systems, Electronic Warfare (EW) systems, military lasers and electro-optical systems. He was bumped hard and got his eye scratched which angered him enough to punch the basket support stanchion. SELEX S&AS incorporates the majority of the former BAE Systems Avionics business. The first time was during a pre-season game in 1974. SELEX Sensors and Airborne Systems (SELEX S&AS), a joint venture with Finmeccanica in which BAE Systems has a 25% stake, was formed in May 2005 (see Expansion & further consolidation. While remaining virtually injury-free during his NBA career, Abdul-Jabbar broke his hand twice. The remaining shares are held by EADS (37.5%) and Finmecannica (25%). Abdul-Jabbar also was successful in suing Miami Dolphins running back Karim Abdul-Jabbar because he felt like Karim was sponging off of the name he made famous by having the Abdul-Jabbar moniker and number 33 on Dolphins jerseys, as a result the younger one had to change his jersey nameplate to simply 'Abdul' while playing for the Dolphins[2]. BAE Systems holds a 37.5% share interest in the World's secong largest missile systems manufacturer, MBDA. Abdul-Jabbar has a prescription to smoke marijuana in the state of California, the result of nausea-inducing migraine headaches [1]. This co-operation dates back to 1995 when Saab and British Aerospace established a joint venture for Gripen export marketing. Other books:. Formed in 2001, Gripen International is a joint company for the marketing of the JAS-39 Gripen fighter. It is the history of the 761st Battalion, an all-black tank squadron. The company is based in Bremen. He is also a bestselling author, the latest of his books being Brothers In Arms: The Epic Story of the 761st Tank Battalion, WWII's Forgotten Heroes (Publisher: Broadway 2004, ISBN 0385503385), co-written with Anthony Walton. Atlas Elektronik, a German marine systems business, is a wholly owned subsidiary of BAE Systems. In addition, Abdul-Jabbar was co-executive producer of the 1994 TV movie, The Vernon Johns Story. The company provides vehicle management, power systems, guidance and control interfaces for vehicles, aircraft and UAVs. He also played himself in Slam Dunk Ernest starring Jim Varney and made a brief non-speaking cameo appearance in another David Zucker comedy, 1998's BASEketball. Platform Solutions is based in the US as part of BAE Systems North America with facilities in the UK. Other notable roles include 1978's Game of Death, where his character Hakim fought Bruce Lee's character Billy Lo, and in Stephen King's telemovie version of The Stand. This company is responsible for BAE Systems’ extensive range of underwater warfare products:. He had numerous other TV and film roles, often playing himself, such as in the hit Chevy Chase movie Fletch and the ABC sitcom Full House. The order for the initial batch of three ships was place in 1997, with Vickers Shipbuilding and Engineering, since absorbed into BAE Systems . In 1980, he played co-pilot Roger Murdock in David Zucker's comedy, Airplane!. The Astute class is a new generation of nuclear attack submarine (SSN) for the Royal Navy. Playing for the Lakers allowed Jabbar to try his hand at acting. The submarines are constructed at BAE Systems’ yard at Barrow-in-Furness. He has also served as a volunteer coach at Alchesay High School on the Fort Apache Indian Reservation in Whiteriver, Arizona since 1998. BAE Systems Submarines, until 2003 a unit within BAE Systems Marine, is responsible for the development and production of the Astute class submarine. Finally, on September 2, 2005, Abdul-Jabbar returned to the Lakers as a special assistant to Phil Jackson to help develop the team's young center Andrew Bynum. An important part of the company is Property & Environmental Services which manages BAE Systems’ own property and provides specialist services such as defence site decommissioning. He then worked as a scout for the New York Knicks. Shared Services also manages BAE Systems’ Advanced Technology Centre and the company’s IT & e-services contracts. He was the head coach in 2002 of the Oklahoma Storm of the USBL, but failed in a bid to get the head coach position for Columbia University a year later. It manages BAE Systems’ car and aircraft fleets, employee payroll, services and benefits. Since he began lobbying for a coaching position in 1995, he had only been able to work as an assistant for the Los Angeles Clippers and the Seattle SuperSonics, helping mentor their young centers, Michael Olowokandi and Jerome James, respectively. BAE Systems Shared Services is the group with BAE Systems responsible for managing resources and directing operations. This reputation contributed greatly to his lack of coaching opporunities. While this unit no longer produces aircraft it continues to lease aircraft and provide support, spares and training for its products, the. However, during his playing years, he had developed a reputation of being introverted and sullen, often refusing to speak to the press, leading to the impression that he had nothing to say. BAE Systems Regional Aircraft produced the last fully UK-built airliner in November 2001, the Avro RJX (formerly the BAE 146). Abdul-Jabbar had been interested in coaching since his retirement, and given the influence he has had on the league, he had presumed those chances would come easily. Businesses purchased in the US by the former GEC businesses before the merger and BAE Systems after the merger include:. After a then-record 20 pro seasons, Abdul- Jabbar retired from the game in 1989, leaving a legacy of professionalism, class, and success. This has led to a situation where BAE Systems' North American operations now account for approximately 30% of the company’s profits while its UK operations (its "home market") now accounts for less than 25%. He was named to the All-Star team even in his final season. This is important due to the unmatched $400bn spent on defence by the US government. He averaged over 24 points and 10 rebounds over his career, and maintained a solid level of play well into his late 30s. Perhaps the single most important division of BAE Systems, it is the business which gives BAE Systems access to the American aerospace and defence market. Abdul-Jabbar was famous for his "Skyhook" shot, which was notoriously difficult to defend against. BAE Systems North America’s headquarters are in Rockville, Maryland and the division has facilities in 30 US states and Washington D.C. He was also a pupil of the kung fu master Bruce Lee, studying Lee's Jeet Kune Do style. As well as services, construction products include:. While in LA, he started doing yoga in 1976 to improve his flexibility. At the same time the Barrow shipyard, BAE Systems Marine (VSEL), became part of BAE Systems Submarines (see below). Kareem Abdul-Jabbar was also notable for his physical fitness regimen. This new company took the surface vessel shipyards at Scotstoun and Govan, formerly part of BAE Systems Marine. However, he has repeatedly denied any connections to the Nation of Islam, having been converted by a Turkish imam of the Hanafi school of thought, under whom he studied at UCLA. Formed in 2003 BAE Systems Naval Ships was formed to centralise BAE Systems' shipbuilding operations. He took his Arabic name in 1971, publicly announcing it on May 1 of that year, one day after the Bucks completed a four-game sweep of the Baltimore Bullets (known today as the Washington Wizards) in the NBA Finals. With the acquisition of United Defense Industries in 2005 Land Systems became part of BAE Systems Land and Armaments, based in Arlington, VA, USA. While at UCLA Abdul-Jabbar converted to Islam. BROACH), Multiple Launch Rocket Systems, Tank and Artillery Ordnance, Electronic Systems. In 1975, the Bucks traded him and reserve center Walt Wesley to the Los Angeles Lakers, for center Elmore Smith, guard Brian Winters and rookie blue chippers Dave Myers and Junior Bridgeman. This group provides Armoured vehicles, explosives, Artillery Ammunition, Mortars, Small Arms, Naval Ammunition Launchers, Warheads (e.g. The winner of the coin-flip was the Milwaukee Bucks, where he would play five seasons. BAE Systems Land Systems was created in 2004 to consolidate BAE Systems’ land warfare systems expertise by bringing together RO Defence and the newly acquired Alvis Vickers. On a coin-flip with the Phoenix Suns, he would be the number one pick in the 1969 NBA Draft pick. The RAF Tornado GR4 upgrade is an excellent example of the work undertaken by the CS&S division. The Harlem Globetrotters offered him $1 million to play them, but he declined. BAE Systems Customer Solutions & Support (CS&S) provides through life support and upgrades for defence forces. At UCLA, he suffered a scratched left cornea; from then on, he mostly played wearing goggles. The division is a major supplier of defence electronics, integrated command & control (C²) systems, radar, simulators, meteorological systems, data links and C4ISR battle management systems. from UCLA. BAE Systems Integrated System Technologies (to be known informally as Insyte) was formed on May 3, 2005 by bringing together BAE Systems' interests in C4ISR and the UK operations of AMS following the Eurosystems Transaction (see Expansion & further consolidation for further details). Alcindor graduated with a B.A. Air Systems manages BAE Systems’ military aircraft projects, primarily:. During his time on the team, UCLA had 88 wins and only two losses. Airbus UK started work on the wings for the Airbus A380 in August 2002. He played for the UCLA Bruins from 1965 to 1969 under coach John Wooden. In 2001 Airbus Industrie became Airbus S.A.S., the Airbus Integrated Company. He led Power Memorial Academy to three straight New York City Catholic championships, a 71-game winning streak, and a 96–6 overall record. In 1979 BAe rejoined the Airbus consortium. . The British government withdrew support in 1969 but Hawker Siddeley was allowed to continue as supplier of the aircraft's wings due to the advanced stages of design and the reluctance of other nations to take over the wing design. Born Ferdinand Lewis Alcindor Jr. (usually known as Lew Alcindor), to Cora and Ferdinand Lewis Alcindor in Harlem, New York City, he was a center who grew to 7'2" (2.18 m) tall. Hawker Siddeley (which merged with British Aircraft Corporation (BAC) in 1977 to form British Aerospace) was part of the first Airbus projects, the Airbus A300. Today, he is a successful coach, author, and part-time actor. Filton is also home to a retired Concorde. He is the NBA's all-time leading scorer with 38,387 points. Airbus UK has two main sites; Broughton in North Wales carries out final assembly and Filton produces components and wing sections. Kareem Abdul-Jabbar (born April 16, 1947 in New York City, New York) was a successful high school, collegiate, and professional NBA basketball player. Airbus UK is a wholly owned subsidiary of BAE Systems and produces wings for the Airbus aircraft family. A Season on the Reservation: My Soujourn with the White Mountain Apaches with Stephen Singular (2000) ISBN 0688170773. It's not just business, it's political." [5]. Black Profiles in Courage: A Legacy of African-American Achievement with Alan Steinburg (2000) ISBN 0380813416. This is a business that takes time to understand. Selected from Giant Steps (Writers' Voices) (1999) ISBN 0785799125. Turner did suggest however that Olver was on a learning curve, "He'll fully understand it [in 5 years]. Kareem (1990) ISBN 0394559274. In June 2005 Turner heightened investor concerns of boardroom tensions by crticising Olver's knowledge of the defence industry, "[he] has a low knowledge base and knows nothing about our industry" [4]. Giant Steps with Peter Knobler (1987) ISBN 0553050443. These suggest that Olver has been involving himself in parts of the business which a Chairman traditionally hasn't. #7 in SLAM Magazine's Top 75 NBA Players of all time in 2003. Reports in 2005 have suggested that relations between the Chairman (Olver) and CEO (Turner) are strained. Field goals made (15,837). Harry Stonecipher, former CEO of Boeing, has criticised the vertical integration of BAE Systems. Field goals attempted (28,307). This review will advise the group on what its strategy should be and hence what acquisitions or disposals it needs to make. Minutes (57,446). In July, 2004 Olver announced a review of all of BAE Systems' activities, which will be conducted by independent analysts lead by investment bank Morgan Stanley. Holds NBA career record for (in addition to total points):
Weston was forced out in what was a surprise move. NBA Finals MVP (1971, 1985). BAE Systems' CEO is Mike Turner, who replaced John Weston in 2002. NBA MVP (1971, 1972, 1974, 1976, 1977, 1980) (a record 6 times). BAE Systems took a hit of $1.369bn on these projects. Played on NBA champion teams (1971, 1980, 1982, 1985, 1987, 1988). This was due to cost overruns of the Nimrod MR4 maritime reconnaissance/attack aircraft and the Astute SSN projects. NBA Rookie of the Year (1970). This appointment came at a significant time with stock market confidence still recovering from a shock profit warning in December 2002. NBA:
On May 3, 2005, the Eurosystems Transaction was finalised with:. Three-time First Team All-American (1967-69). On January 28, 2005 BAE Systems and Finmeccanica announced the intention to dissolve their partnership in the AMS joint venture with AMS' UK and Italian operations to be taken over by the respective partners as arranged through the Eurosystems Transaction. Player of the Year (1967, 1969). UDI manufactures combat vehicles, artillery systems, naval guns, missile launchers and precision guided munitions. College:
On March 7, 2005 BAE Systems announced the $3.974bn acquisition of the United States defence company United Defense Industries (UDI). Points per Game - 24.6 (12th highest). On February 20, 2005 The Observer reported that BAE Systems was considering selling its 20% stake in Airbus to pursue further acquisitions in the US; a BAE Systems source denied any such move. Points - 38,387 (highest). It has been seen as an attempt to keep such a strong competitor "at bay" in BAE Systems' "backyard.". Blocks per Game - 2.57. What had seemed a certain win for the US company was stopped by BAE Systems' surprise move. Blocks - 3189 (2nd highest). On June 4, 2004 BAE Systems outbid General Dynamics for Alvis Vickers. Steals per Game -. As of 2005 the more likely move for BAE Systems' shipbuilding operations is their merger with other British shipyards to form a "Newco" shipbuilding company. Steals - 1160. BAE Systems without its shipbuilding assets would be a more attractive partner to an American company such as Boeing - which has stated that the shipbuilding operations are of no interest to them. Assist per Game - 3.6. If it decided to sell it was understood that General Dynamics would like to acquire the submarine building facilities at Barrow, while Vosper Thornycroft was said to be interested in the remaining yards. Assists - 5660 (29th highest). The company would only say that it was reviewing its operations. Rebounds per Game - 11.2 (25th highest). In May 2004, it was reported that BAE Systems was considering selling its shipbuilding division, the two Clyde shipyards and the Barrow-in-Furness yard. Rebounds - 17,440 (3rd highest). BAE Systems faces considerably fewer hurdles in this sense than their European counterparts, as there is a high degree of integration between the US and UK defence establishments. 3-Point % - 5.6. This is particularly the case if BAE Systems can win prime-contractor status on a major project. Free Throw % - 72.1. The company already has $9bn worth of sales to the Pentagon and any further move into the North American market would yield yet more. Field Goal % - 55.9 (8th highest). The appeal of a link with a North American company is irresistible as the US defence market is by far the largest in the world. Games Played - 1560 (2nd highest in NBA history). However, if that were the only stumbling block, it seems likely that BAE Systems would gladly sell its minority share in Airbus to gain a greater share in North American aerospace and defence projects. Jersey Number - 33. Later that year the Boeing's Chief Executive denied any possibility of a North American merger on the grounds of "conflict of interest" pertaining to the affiliation with the Airbus consortium. In June 2003, rumours started to circulate about a possible merger with either Boeing (who acquired BAE Systems' former partner McDonnell Douglas in 1997) or Lockheed Martin. This deal produces nearly half of the company's profits, £411m ($700m) out of £980m in 2003. Of all the company's activities the most profitable are the Al Yamamah contracts to supply and support the Royal Saudi Air Force. With almost total consolidation of the defence industry on the European continent, BAE Systems turned its attention to North America, for example acquiring Lockheed Martin Control Systems, (LMCS) which produces controls for the B-2 Spirit bomber, the C-17 Globemaster strategic transport, the F/A-18, the Boeing 757 and Boeing 767 commercial jets. Various conditions were attached to approval of the merger between BAe and MES. These Articles include the following requirements:. This shareholding prevents amendments of certain parts of the Articles of Association without the Secretary of State's permission. This special share, with a nominal value of £1, is held on behalf of the Secretary of State for Trade and Industry. BAE Systems inherited the "special" shareholding that was established when British Aerospace was privatised. Major European companies such as Thales and EADS are unlikely to ever be awarded, for example, a position relative to BAE Systems' involvement in the F-35 Joint Strike Fighter programme. Since the creation of BAE Systems the company has steadily increased its investment in, and its revenues from, the US, while continental European companies have made limited moves into that massive market. This group was joined by Spain’s CASA following an agreement in December 1999. Following that decision, DASA instead merged with Aerospatiale to create the European Aeronautic Defence and Space Company (EADS). This move, to create what could be described as a UK company compared to what would have been an Anglo-German firm, made the possibility of penetration of the United States (US) defence market more likely. It was widely anticipated that BAe would merge with Germany’s DASA to form a pan-European aerospace giant, however BAe chose instead to merge with GEC’s defence electronics business. The merger had been agreed on April 27, 1999. It was formed on November 30, 1999 with the merger of British Aerospace (BAe) and Marconi Electronic Systems (MES), the defence arm of The General Electric Company (GEC). . Based in the United Kingdom (UK) the company has extensive worldwide interests, particularly North America. BAE Systems, plc is the world's fourth largest defense contractor [2] and a commercial aerospace products manufacturer. This is due for delivery around 2018. Future Offensive Air System Astute class submarine Bofors Defence
M109 Paladin. M3 Bradley Cavalry Fighting Vehicle. M2 Bradley Infantry Fighting Vehicle. CAESAR advanced artillery system. Advance Gun System (AGS) for next generation United States Navy surface combatants. United Defense
Challenger II. BAE Systems Land Systems
Marinised Harrier, primarily air defence. GR9 is an avionics and weapons upgrade of the standard GR7 to allow carriage of the latest smart weapons, new inertial navigation and Global Positioning Systems. Harrier GR7/GR9 Tornado GR4 BAE Nimrod MRA4 Airbus A400M MBDA (37.5%). Eurofighter Jagdflugzeug GmbH (33%). (20%). Airbus S.A.S. Acoustics countermeasures. Remote minesweepers. Spearfish torpedo. Stingray torpedo. BAe 748. Jetstream. BAe ATP. Avro RJ/BAE 146 family. 2005 - United Defense Industries. 2004 - ALPHATECH. 2004 - DigitalNet Holdings Inc. 2004 - Boeing Commercial Electronics. 2004 - STI Government Systems. 2003 - MEVATEC. 2003 - Advanced Power Technologies, Inc (APTI). 2000 - Lockheed Martin Control Systems (LCMS). 1998 - Tracor. Offshore patrol vessels. Type 45 Destroyer. Royal Navy Future Carrier (CVF). CS&S Naval has completed the reactivation of the Royal Navy's Type 22 Frigates for Romania. Past projects include reactivation of the Upholder class, now reactivated as the Victoria Class submarines for the Canadian Government, and Vanguard class upgrades. CS&S Naval provides maintenance, repairs, minor and major refits for naval vessels. This includes simulator construction and support and operation of the RAF’s North Sea Air Combat Manoeuvring Instrumentation (AMCI) Range. Training Solutions provides a wide range of services. BAE Systems Australia provides the same services as the wider CS&S organization but is based in Australia. Operational Services provides spares and support for BAE Systems products including the Hawk, VC-10, Canberra, Nimrod and Jaguar aircraft as well as naval products. Nimrod MRA4. BAE Hawk. F-35 Joint Strike Fighter. Eurofighter Typhoon. the avionics portions of BAE Systems and Finmeccanica being brought together to form the new SELEX Sensors and Airborne Systems (S&AS) joint venture held by shares of 25% and 75% respectively, with the option for Finmeccanica to later purchase the remaining 25%. the communications systems portions of AMS and BAE Systems being sold to Selenia Communications, a division of Finmeccanica. the UK operations of AMS (minus air traffic control and communication systems) being brought together with the C4ISR division of BAE Systems (minus communication systems) to form the new Integrated System Technologies (Insyte) division of BAE Systems. The remit of this job was strictly set out, including the qualifications (length of time with the company etc), access to staff and information, and independence. A compliance officer was appointed by BAE Systems to ensure the new company followed these requirements and procedures. Other relevant projects were; the Future Scout & Cavalry System (FSCS)/TRACER Program (“FSCS/TRACER Program”), Skynet 5, Astute class Training Programme and MES shipbuilding projects. An example of this was the initial stages of the Joint Strike Fighter programme where MES was involved in Boeing's X-32 project and BAe supported Lockheed Martin's X-35 bid. Due to the competition of BAe and MES in various major defence projects, the company was ordered to set up various "firewalls" to prevent interaction between the former MES and BAe teams on those projects. the new subsidiaries must not automatically receive sub-contracts. BAE Systems must competitively tender sub-contracts, i.e. including external companies) on equal terms. Further these subsidiaries must be available to all potential prime contractors (i.e. The MES shipyards and Marconi Avionics were to be kept as subsidiaries of the new company, with independent financial accounts. The CEO and Chairman must be British. The majority of the board must be British citizens. No foreign person, or persons acting together, may hold more than 15% of the company's shares. |