Search results
Results from the WOW.Com Content Network
BAE Systems Inc. (formerly BAE Systems North America) is an American company operating as an independent 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 ...
In May 2007 the company announced its subsidiary BAE Systems Inc. was to purchase Armor Holdings for £2.3 billion (approx. US$4.5 billion c. 2007) and completed the deal on 31 July 2007. [68] [69] The company was a manufacturer of tactical wheeled vehicles and a provider of vehicle and individual armour systems and survivability technologies. [68]
Bae Systems PLC (BAESY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
For premium support please call: 800-290-4726 more ways to reach us
Tracor, Inc. was a major North American defense electronics contractor which was acquired by Marconi Electronic Systems (MES), a subsidiary of General Electric Company plc, in 1998. Following the purchase of MES by British Aerospace in November 1999 to form BAE Systems, Tracor became BAE Systems
For premium support please call: 800-290-4726 more ways to reach us
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]
BAE's prospective price-to-earnings ratio of 9 and yield of 5.3% reflect the risks to its future revenues and weak balance sheet. ... The article The Stock Picker's Guide to BAE Systems originally ...