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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". [42] 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). [ 43 ]
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 ...
MBDA is a European multinational corporation specialized in the design, development and manufacturing of missiles and related systems. [4] [5] Headquartered in Le Plessis-Robinson, France, the company was founded in December 2001 via the merger of three of the most prominent European missile systems companies: the French Aérospatiale Matra Missiles, the Anglo-French Matra BAe Dynamics and the ...
On joining BAE Systems he was to be paid an annual base salary of £750,000. Additionally he was given more than £1.6m to compensate for incentive schemes at his previous company Expro. [ 5 ] It was reported in December 2016 that he was paid a total joining package worth £3 million. [ 6 ]
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 ...
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Alvis Vickers in context of the evolution of the land systems division of BAE Systems, 1970s to Land & Armaments formation Alvis PLC was a British motor vehicle manufacturer. It was created when United Scientific Holdings plc acquired the Alvis division of the nationalised vehicle manufacturer British Leyland in 1981.
British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer that was formed in 1977. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire . [ 1 ]