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As a wholly-owned subsidiary of the Ball Corporation, Ball Aerospace was cited in 2023 [3] as the 54th largest defense contractor in the world. [4] Both parent and subsidiary headquarters are co-located in Broomfield, Colorado. In August 2023, Ball Corporation agreed to divest Ball Aerospace to BAE Systems Inc. for $5.6 billion in cash. [5]
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]
BAE Systems (and British Aerospace previously) was a technology partner to the McLaren Formula One team from 1996 to December 2007. [70] [71] The partnership originally focused on McLaren's F1 car's aerodynamics, eventually moving on to carbon fibre techniques, wireless systems and fuel management. BAE Systems' main interest in the partnership ...
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 ...
BAE Systems PLC (BAESY), the world's second-largest defense company by revenue, has put units of its North American commercial aerospace business up for sale, an auction that could net up to $2 ...
In 2024, Ball Corporation left the aerospace business after selling Ball Aerospace to BAE Systems Inc. for $5.6 billion in cash. The move was strategic in allowing Ball to increase its focus on “low-carbon, best-value aluminum packaging initiatives”, said CEO Dan Fisher at the time.
BAE Systems Platforms & Services is a wholly owned subsidiary of BAE Systems Inc. and is a large provider of tracked and wheeled armored combat vehicles, naval guns, naval ship repair and modernization, artillery and missile launching systems, advanced precision strike munitions and ordnance, and other technologies for U.S. and international customers.
On September 11, 2023, NASA and NOAA awarded Ball Aerospace (later sold to BAE Systems Inc.) a $486.9 million contract to develop the GeoXO Sounder (GXS) instrument. [7] Unlike the payloads carried on GOES-12 through GOES-19, GeoXO satellites will not carry any instruments for observing space weather.