Search results
Results from the WOW.Com Content Network
LONDON -- BAE Systems is the £12 billion U.K. defense firm behind some of the most ambitious projects in the world. One of the company's biggest current jobs is the manufacture of the U.K.'s next ...
Long-term contracts, such as BAE's 17% share of the U.S. F-35 fighter program, and an order book of over a year's sales, provide visibility to BAE's revenues. Long-term contracts can have an ...
On 16 June 2003 BAE sold its 25% share of Astrium for £84 million, however due to the lossmaking status of the company, BAE Systems invested an equal amount for "restructuring". [41] BAE Systems sold its 54% majority share of BAE Systems Canada , an electronics company, in April for CA$310 (approx. £197 million as of December 2010). [ 42 ]
For premium support please call: 800-290-4726 more ways to reach us
BAE Systems Inc. (formerly BAE Systems North America) is an American subsidiary of 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 ]
BAe was privatised in two main phases, the first in February 1981, involving 51.6% shares of the company, during which the public sale was 3.5 times subscribed and at the end of the first day's trading, share prices were 14% above the original offer price. [3]
By Geoffrey Smith. For premium support please call: 800-290-4726 more ways to reach us
Alvis Vickers in context of the evolution of the land systems division of BAE Systems, 1970s to Land & Armaments formation. Alvis PLC was created when United Scientific Holdings plc acquired the Alvis division of the nationalised vehicle manufacturer British Leyland in 1981.