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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 ...
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]
The company received a £116 million contract for the refurbishment of the ships prior to delivery; [197] however the British taxpayer only received the scrap value of £100,000 each from the sale. [198] BAE Systems ran into controversy in 2002 over the abnormally high cost of a radar system sold to Tanzania.
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.
In July 2000, Lockheed announced the sale of this group to BAE Systems for $1.67 billion. [ 3 ] [ 4 ] The company became BAE Systems Information & Electronic Warfare Systems (IEWS). In 2005, this was merged into the newly created BAE Systems Electronics & Integrated Solutions .
Armor Holdings was founded in 1969 as American Body Armor and Equipment, Inc. [2] at Jacksonville, Florida. In January 1996 the company underwent a change in control; Kanders Florida Holdings, Inc. and others purchased the stock held by the company's two largest shareholders.
B/E Aerospace, Inc. was a manufacturer of aircraft passenger cabin interior products for the commercial and business jet aircraft markets. B/E Aerospace had leading worldwide market shares in all of its major product lines and served virtually all of the world's airlines, aircraft manufacturers and leasing companies through its direct global sales and customer support organizations.
BAE Systems (which bought United Defense in 2005) entered a modernized AGS into the MPF competition. In 2018, the Army selected bids from GDLS and BAE to build 12 prototypes each. [ 4 ] BAE began delivering the prototype vehicles to the Army in December 2020, [ 125 ] although the last of these were delivered behind schedule after testing had ...