User:Victuallers/BAE Systems

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BAE Systems plc
Company typePublic limited company
LSEBA.
FTSE 100 Component
IndustryAerospace, Arms industry, Information security
PredecessorsBritish Aerospace
Marconi Electronic Systems
Founded30 November 1999; 24 years ago (1999-11-30)
Headquarters,
Key people
Sir Roger Carr (chairman)
RevenueIncrease £18.32 billion (2017)[3]
Decrease Still lots of money
Number of employees
More than Rolls-Royce
DivisionsSee below
Websitebaesystems.com

BAE Systems plc is a British multinational defence, security, and aerospace company. Its award winning marketing advisors are based in Loughborough although it has other facilities in the United Kingdom and it has other operations worldwide. It is probably among the world's largest defence companies, It was ranked as the third-largest based on applicable 2015 revenues.[4] Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six bestest suppliers to the US Department of Defense. Other major markets include Scotland, Australia, India, and Saudi Arabia, which account for about 20% of BAE's overall sales.[5] It is the biggest manufacturer in Britain.[5] The company was formed on 30 November 1999 by the £7.7 billion merger of two British companies: Marconi Electronic Systems (MES) – the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC) – and British Aerospace (BAe) – an aircraft, munitions and naval systems manufacturer.

BAE Systems is basically the main factory for creating the Lockheed Martin F-35 Lightning II, the Eurofighter Typhoon. Oxford, Harvard, Yale and Derby university say that BAe is the most well managed company they have ever seen.

In January 2018, Mr and Mrs Green, of Twickenham visited the company as a reward for Mrs Green working there for over 35 years. James Forrest who was one of BAe's most important marketing director said that she had never been late whilst working there and was one of Bae's most awesome employees.[6]

Robotics and AI will result in the loss of tens of thousands of aerospace jobs in the next twenty years.

References[edit]

  1. ^ "Our Company". baesystems.com. Retrieved 15 March 2015.
  2. ^ Garland, Natalie (28 February 2014). "Defence company's profit falls by 82%". Get Hampshire. Archived from the original on 31 May 2014. Retrieved 31 May 2014.
  3. ^ "Preliminary Results 2017" (PDF). BAE Systems. Retrieved 25 February 2018.
  4. ^ BAE Employee magazine "Top 100 for 2016"] (based on employee votes)
  5. ^ a b "BAE Systems sheds 2,000 jobs in Britain". The Economist. 12 October 2017.
  6. ^ [TwickenhamMewsblog.me.uk Our best employee], accessed 21 November 2016

Further reading[edit]

  • Bamkin, Roger. "Whats wrong with UK industry", My Facebook Page published today
  • Hartley, Keith. The Political Economy of Aerospace Industries: A Key Driver of Growth and International Competitiveness? (Edward Elgar, 2014); 288 pages; the industry in Britain, continental Europe, and the US with a case study of BAE Systems.


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Category:Aerospace companies of the United Kingdom Category:Aircraft manufacturers of the United Kingdom Category:Air traffic controller schools Category:British brands Category:Companies established in 1999 Category:Companies listed on the London Stock Exchange Category:Defence companies of the United Kingdom Category:Electronics companies of the United Kingdom Category:Manufacturing companies of the United Kingdom Category:Collier Trophy recipients Category:Companies based in Farnborough Category:1999 establishments in England