BAE Systems Plc history, profile and corporate video
BAE Systems Plc is a global defense, aerospace and security company. It delivers, through its subsidiaries and equity accounted investments, a full range of products and services for air, land and naval forces, advanced electronics, security, information technology solutions and support services. The company operates its business through following segments: Electronic Systems, Cyber and Intelligence, Platforms and Services (U.S), Platforms and Services (UK) and Platforms and Services (International). The Electronic Systems segment comprises the U.S and UK based electronics activities, including electronic warfare systems and electro optical sensors, military and commercial digital engine and flight controls, next-generation military communications systems and data links, persistent surveillance capabilities, and hybrid electric drive systems. The Cyber and Intelligence segment comprises its group’s cyber, secure government, and commercial and financial security activities within the U.S based intelligence and security business, and the UK headquartered BAE Systems detica business. The Platforms and Services (U.S.) segment comprises the U.S headquartered land and armaments business, with operations in the U.S, UK, Sweden and South Africa, together with U.S based services and sustainment activities, including ship repair and modernization services. The Platforms and Services (UK) segment comprises its group’s UK based air and maritime activities and certain shared services activities, including the UK based advanced technology centre. The Platforms and Services (International) segment comprises its group’s businesses in Saudi Arabia, Australia as well as shareholdings in MBDA and Indian business. It was founded on November 30, 1999 and is headquartered in London, the United Kingdom.“
“BAE Systems Heritage
BAE Systems was formed on 30 November 1999 by the £7.7 billion merger of British Aerospace (BAe) and Marconi Electronic Systems (MES). As a result, BAE Systems is the successor to many of 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 the iconic 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), 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 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 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, a major American defence contractor, for £830 million (approx. US$1.4 billion c. 1998).”
*Information from Forbes.com and Wikipedia.org
**Video published on YouTube by “baesystemsinc“