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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 ...
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. BAE Systems is the successor to various ...
Bianchi International of Temecula, California is a worldwide producer of leather and nylon goods for the law enforcement industry. Since the 1960s they have produced items from gun holsters to duty belts and everything related in between. Armor Holdings bought Bianchi International in 2004; [1] BAE Systems bought Armor in 2007. [2] [3]
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Analysts expect a return to sales and profit growth for the next two years, in part because BAE has been good at cutting costs to match order volumes. The company has maintained a return on equity ...
The U.S Army has awarded BAE Systems Land & Armaments L.P. in York with a $78.39 million modification to a contract. The contract, which was originally granted in September, is to produce M2A4 and ...
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 ...
In August 2023, Ball Corporation agreed to divest Ball Aerospace to BAE Systems Inc. for $5.6 billion in cash. [5] On February 14, 2024 The companies announced that all regulatory approvals were in place to allow the deal to complete. [6] The deal was closed on February 16, 2024. [2]