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An entrance gate to the BAE Systems Plc shipyard in Barrow-In-Furness, UK, on Thursday, June 20, 2024. (Tom Skipp/Bloomberg/Getty Images)
Shares in aerospace, defense, and information security firm BAE Systems jumped close to 7% on Monday. Getty Images Defense stocks are surging on expectations that European defense spending may ...
BAE Systems says the affected area of the Barrow site will only be accessible to essential personnel. Investigation into BAE nuclear shipyard fire Skip to main content
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. [2]
In October 2023, the UK government announced a series of contracts with BAE Systems, Rolls-Royce and Babcock, collectively worth £4 billion, to support the design and development of the submarine class up to 2028. These contracts will fund the finalization of the submarine design, as well as procure long-lead items for the first UK submarine.
A model of BAE Taranis. The Future Combat Air System (FCAS) aimed to deliver an unmanned combat aerial vehicle (UCAV) by 2030. [78] FCAS will be built in co-operation with France, utilising technology from the BAE Taranis and Dassault nEUROn technology demonstrators. [78] Development of full-scale prototypes was expected to begin by 2017. [79]
The Biden administration is set to send its first slice of grant money from 2022’s CHIPS and Science Act to BAE Systems, a highly anticipated first award of money from the landmark law.
MES exists today as BAE Systems Electronics Limited, a subsidiary of BAE Systems, but the assets were rearranged elsewhere within that company. MES-related businesses include BAE Systems Submarine Solutions , BAE Systems Surface Ships , BAE Systems Insyte and Selex ES (now a part of Leonardo ).