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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]
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 ]
This page lists major subsidiaries, affiliated companies, former and current BAE Systems employees/executives, and other articles related to the company. Wikimedia Commons has media related to BAE Systems .
BAE Systems Electronic Systems was formed in June 2005 by an internal reorganisation of these businesses. Lockheed had identified AES as a candidate for disposal following a strategic review in 1999. BAE Systems agreed to acquire the group in July and completed its acquisition of AES on 27 November 2000. [2] [3] The group encompassed Sanders ...
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On 28 July 2008 the board of Detica and BAE Systems announced that the latter had made a formal cash offer of £9.40 for all issued and to-be-issued share capital. After acquiring over 92% of outstanding shares with shareholder approval, BAE declared its offer for Detica unconditional on 25 September 2008.
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 ]