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BAE Systems plc is a British multinational aerospace, defence and information security company, based in London, England. [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 Systems Inc. (formerly BAE Systems North America) is an American 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 despite its foreign ownership. [ 2 ]
In 1991, BAe acquired a 30% interest in Hutchison Telecommunications through a stock swap deal, where Hutchison was given a controlling stake of 65% in BAe's wholly owned subsidiary Microtel Communications Ltd. [48] [49] [50] In August 1991, BAe formed a naval systems joint venture, BAeSEMA, with the Sema Group. [48] BAe acquired Sema's 50% ...
It was created on 24 June 2005, following the completion of BAE Systems' acquisition of United Defense in 2004 and its merger with BAE Systems Land Systems. In 2007 BAE Systems acquired Armor Holdings adding to the size of Land & Armaments significantly. Until April 2003 BAE Systems was a relatively small player in the land systems industry.
In 1999, GEC was broken up and parts sold off. Marconi Electronic Systems, which included its wireless assets, was demerged and sold to British Aerospace which then formed BAE Systems. GEC, realigning itself as a primarily telecommunications company following the MES sale, retained the Marconi brand and renamed itself Marconi plc. BAE were ...
The CFIUS granted approval of the deal in April 2005. BAE completed its acquisition of United Defense on June 24, 2005 and announced plans to merge the company with its existing land systems businesses to form BAE Systems Land and Armaments. [citation needed]
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
Woodburn served as the chief executive of Expro Group, which surveys and manages oil and gas wells around the world. He had also spent 15 years at Schlumberger, an oil services company, overseeing major projects in Thailand, Australia, and the US. [5] In 2016, Woodburn joined BAE Systems as its chief operating officer. [4]