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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". [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 ]
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 ]
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 ...
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 ...
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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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 ]
Airbus UK (formerly EADS UK) is a wholly-owned subsidiary of Airbus, based in the United Kingdom, which produces wings for Airbus aircraft.When Airbus (at the time known as EADS) was incorporated as a joint-stock company in 2001, BAE Systems transferred the British facilities of the transnational Airbus Industrie GIE consortium formed in 1970 to the new corporation in exchange of a 20% stake ...