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BAE Systems Inc. (formerly BAE Systems North America) is an American subsidiary of British multinational defense, security, and aerospace company BAE Systems plc. The American subsidiary operates under a Special Security Agreement which allows it to work on some of the most sensitive United States defense programs despite its foreign ownership ...
On 5 February 2010, BAE Systems agreed to pay criminal fines of £257 million (US$400 million) to the US and £30 million to the UK. [176] The $400 million fine was a result of a plea bargain with the US Department of Justice (DOJ) whereby BAE Systems was convicted of felony conspiracy to defraud the United States government. This was one of ...
BAE Systems AB is subsidiary holding company for the Swedish assets of BAE Systems Land & Armaments, whose ultimate parent is the British defence contractor BAE Systems. The portfolio in 2020 contained the companies Systems C-ITS , involved in simulators and training; Bofors , that produces tube gun systems and related munitions; Hägglunds ...
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BAE Systems Electronic Systems was formed in June 2005 by an internal reorganisation of these businesses. Lockheed had identified AES as a candidate for disposal following a strategic review in 1999. BAE Systems agreed to acquire the group in July and completed its acquisition of AES on 27 November 2000. [2] [3] The group encompassed Sanders ...
A split share corporation is a corporation that exists for a defined period of time to transform the risk and investment return (capital gains, dividends, and possibly also profits from the writing of covered options) of a basket of shares of conventional dividend-paying corporations into the risk and return of the two or more classes of publicly traded shares in the split share corporation.
Hazeltine Corporation also developed and licensed many of the basic concepts of the NTSC color television system. From 1955 to 1959 the president of the Hazeltine Company was Philip La Follette , former three-term governor of Wisconsin and son of "Fighting Bob" La Follette, who campaigned for president in 1924 as the Progressive Party candidate.