User:Victuallers/BAE Systems
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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.
Company type | Public limited company |
---|---|
LSE: BA. FTSE 100 Component | |
Industry | Aerospace, Arms industry, Information security |
Predecessors | British Aerospace Marconi Electronic Systems |
Founded | 30 November 1999; 24 years ago (1999-11-30) |
Headquarters | , |
Key people | Sir Roger Carr (chairman) |
Revenue | £18.32 billion (2017)[3] |
Still lots of money | |
Number of employees | More than Rolls-Royce |
Divisions | See below |
Website | baesystems |
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.