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BAE Systems plc is a British multinational aerospace, defence and information security company, based in London. [4] [5] It is the largest manufacturer in Britain as of 2017. [6] It is the largest defence contractor in Europe [7] and the seventh-largest in the world based on applicable 2021 revenues. [8]
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. ... BAE's biggest shareholder is ... Guide to BAE Systems ...
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 ...
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From 1998 until 2005, British Aerospace/BAE was the largest shareholder in Saab following its acquisition of a 35% stake from Investor AB. In January 2005, BAE Systems reduced its shareholding to 20%. Investor AB maintained a 20% share.
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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]