The Times called his departure plans "abrupt" and a "shock", given previous statements that he wished to retire in 2013 at the age of 65.  Both BAC and Hawker Siddeley were themselves the result of various mergers and acquisitions.  BAE Systems sold its 54% majority share of BAE Systems Canada, an electronics company, in April for CA$310 (approx. , Financial information for the company is as follows:, BAE Systems has been investigated by the Serious Fraud Office (SFO) for the use of corruption to help sell arms to Chile, Czech Republic, Romania, Saudi Arabia, South Africa, Tanzania and Qatar. The F-35 (JSF) programme became the focus of this effort, with British government ministers such as Lord Drayson, Minister for Defence Procurement, suggesting the UK would withdraw from the project without the transfer of technology that would allow the UK to operate and maintain F-35s independently. BAE Systems described 2001 as an "important year" for its European joint ventures, which were reorganised considerably.  The MoD has stated "The report remains sensitive. CEO Mike Turner said in 2006 "We had entered into contracts under the old competition rules that frankly we shouldn't have taken".  However the difficulties of integrating the companies in this way led to a re-evaluation of the proposal; BAE Systems' 2004 Annual Report states that "recognising the complexity of the earlier proposed Eurosystems transaction with Finmeccanica we have moved to a simpler model".  The two companies envisaged including Aérospatiale, the other major European aerospace company, but only after its privatisation. British Aerospace plc (BAe) je bilo britansko podjetje, ki je proizvajalo letala, oborožitvene sisteme in vesoljsko tehniko.Sedež podjetja je bil v Warwick House v Farnboroughu, Anglija. The ATP can accommodate between 64 and 72 passengers depending on the seat configuration. British Aerospace plc (BAe) va ser una empresa britànica dedicada a l'aviació, munició i sistemes de defensa.La seva seu central es trobava a Warwick House en el Farnborough Aerospace Centre de Farnborough, Hampshire.  As a result, BAE Systems is the successor to many of the most famous British aircraft, defence electronics and warship manufacturers. Bond had specifically performed this research with the intention of producing a viable engine for powering a space launch system. A more advanced model, designated as the Harrier GR7, was developed primarily to add a night-time operational capability and avionics improvements The GR7 deve… For other uses, see, Timeline of British aerospace companies since 1955, Modern timeline of British shipbuilding companies, 1960–present. , It plays important roles in military aircraft production. Another condition was the "firewalling" of former British Aerospace and MES teams on defence projects such as the Joint Strike Fighter (JSF).  In response, BAE Systems' 2006 Corporate Responsibility Report states "We continue to reject these allegations... We take our obligations under the law extremely seriously and will continue to comply with all legal requirements around the world. The merger of British Aerospace and MES was announced on 19 January 1999. The company is the largest defence contractor in Europe and among the world's largest defence companies; it was ranked as the third-largest based on applicable 2017 revenues. Judge Bates said the company's conduct involved "deception, duplicity and knowing violations of law, I think it's fair to say, on an enormous scale". , As early as 1995 British Aerospace and the German aerospace and defence company DaimlerChrysler Aerospace (DASA) were said to be keen to create a transnational aerospace and defence company. British Aerospace was created in April 1977 by the merger of the British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics and Scottish Aviation.  In August 2014, BAE was awarded a £248 million contract from the British government to build three new offshore patrol vessels. In accorda…  The review also confirmed the attractiveness of the land systems sector and, with two acquisitions in 2004 and 2005, BAE moved from a limited land systems supplier to the second largest such company in the world.  The Guardian reported that this was due to the German Government's concern about the "potential size of the French shareholding in the combined company, as well as disagreements over the location of the group's headquarters". , BAE Systems Land and Armaments manufactures the M2/M3 Bradley fighting vehicle family, the US Navy Advanced Gun System (AGS), M113 armoured personnel carrier (APC), M109 Paladin, Archer, M777 howitzer, the British Army's Challenger II, Warrior Tracked Armoured Vehicle, Panther Command and Liaison Vehicle, and the SA80. As of December 2018, 20 aircraft remain in commercial service as cargo aircraft with West Air Sweden (15), Deraya (2) and EnComm (3).. Perhaps the biggest sign of the new trend towards naval austerity came in 1966, when the planned CVA-01 class of l… None were built.  It is the biggest manufacturer in Britain. The first meeting between Olver and Hoon was said to have gone well; a MoD official commented "He is a man we can do business with".  BAE Systems expanded its intelligence and security business with the £531 million purchase of Detica Group in July 2008. The company faces fewer impediments in this sense than its European counterparts, as there is a high degree of integration between the US and UK defence establishments.  In October 2014, BAE Systems won a £600 million contract from the MoD to maintain Portsmouth naval base for five years. , In May 2004, it was reported that the company was considering selling its shipbuilding divisions, BAE Systems Naval Ships and BAE Systems Submarines. , BAE Systems sold the regional aircraft leasing and asset management arm of its Regional Aircraft business in May 2011. The project was cancelled in the 1990s. BAE Systems described 2001 as an "…  It is currently developing a sixth-generation jet fighter aircraft for the RAF marketed as the "Tempest" along with the MoD, Rolls-Royce, Leonardo S.p.A. and MBDA. , Both BAE Systems and its predecessor (BAe) have long been the subject of allegations of bribery in relation to its business in Saudi Arabia. It was first flown at Dunsfold, Surrey, in 1974 as the Hawker Siddeley Hawk, and subsequently produced by its successor companies, British Aerospace and BAE Systems. The US defence market is competitive, however largely between American firms, while foreign companies are excluded.  The partnership originally focused on McLaren's F1 car's aerodynamics, eventually moving on to carbon fibre techniques, wireless systems and fuel management. ", The attraction of MES to British Aerospace was largely its ownership of Tracor, a major American defence contractor. , The 1997 merger of American corporations Boeing and McDonnell Douglas, which followed the forming of Lockheed Martin, the world's largest defence contractor in 1995, increased the pressure on European defence companies to consolidate. , In December 2005, BAE Systems announced the sale of its German naval systems subsidiary, Atlas Elektronik, to ThyssenKrupp and EADS. The military version is considerably more expensive. British Aerospace oli brittiläinen lentokoneiden ja puolustusvälineiden valmistaja joka nykyisin on osa BAE Systemsiä.. Taustaa.  In contrast, DASA's response to the breakdown of the merger discussion was to merge with Aérospatiale to create the European Aeronautic Defence and Space Company (EADS), a horizontal integration.  The first stage of this integration was seen as the transformation of Airbus from a consortium of British Aerospace, DASA, Aérospatiale and Construcciones Aeronáuticas SA into an integrated company; in this aim British Aerospace and DASA were united against the various objections of Aérospatiale. " The company has been accused of maintaining a £60 million Saudi slush fund. Several ATP variants were proposed and produced for civil and military use: The British Aerospace Jetstream 61 was an improved derivative of the ATP. Recognising the lack of scale of this business compared to General Dynamics, BAE Systems executives soon identified the US defence company United Defense Industries (UDI), a major competitor to General Dynamics, as a main acquisition target. , BAE Systems inherited British Aerospace's 35% share of Saab AB, with which it produced and marketed the Gripen fighter aircraft.  On 22 December 2006 BAE received a £947 million contract to provide guaranteed availability of Royal Air Force (RAF) Tornados. The company was formed in the United Kingdom as a statutory corporation on 29 April 1977 as a result of the Aircraft and Shipbuilding Industries Act. US$4.2 billion c. 2005) acquisition of UDI.  In September 2011, BAE Systems began consultation with unions and workers over plans to cut nearly 3,000 jobs, mostly in the company's military aircraft division. , On 18 August 2006 Saudi Arabia signed a contract worth £6 billion to £10 billion for 72 Eurofighter Typhoons, to be delivered by BAE Systems. The company received a £116 million contract for the refurbishment of the ships prior to delivery; however the British taxpayer only received the scrap value of £100,000 each from the sale. By the time it entered the market, the segment was already well represented by designs such as the de Havilland Canada Dash 8, ATR 42 and ATR 72 and produ On 12 December 2006, Lord Drayson signed an agreement which allows "an unbroken British chain of command" for operation of the aircraft. The BAE Systems Hawk is a British single-engine, jet-powered advanced trainer aircraft. , In May 2007 the company announced its subsidiary BAE Systems Inc. was to purchase Armor Holdings for £2.3 billion (approx. British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer. Even prior to the Harrier GR5 entering service, it was clear that alterations were required for the aircraft to be more capable in the interdictor role.  The Independent reported that BAE-supplied aircraft were used to bomb Red Cross and MSF hospitals in Yemen. These were largely to ensure that the integrated company would tender sub-contracts to external companies on an equal basis with its subsidiaries. It also stated the company's desire to both expand in the US and participate in further consolidation in Europe. The only U.S. operator of the ATP in scheduled passenger service was Air Wisconsin flying as United Express on behalf of United Airlines via a code sharing agreement.  Alvis Vickers was merged with the company's RO Defence unit to form BAE Systems Land Systems. BAE Systems Annual Report 1999 22. , During Theresa May's visit to Turkey in January 2017, BAE and TAI officials signed an agreement, worth about £100 million, for BAE to provide assistance in developing the TAI TFX aircraft.  On 10 September 2006 the company was awarded a £2.5 billion contract for the upgrade of 80 Royal Saudi Air Force Tornado IDSs.  It was outbid by Oshkosh Corporation for the £2.3 billion ($3.7 billion) contract. The British Aerospace Sea Harrier is a naval short take-off and vertical landing/vertical take-off and landing jet fighter, reconnaissance and attack aircraft; the second member of the Harrier Jump Jet family developed. The resultant joint venture (JV), Rheinmetall BAE Systems Land (RBSL), was established in July 2019 following regulatory approval and is headquartered at the existing facility in Telford, Shropshire. Add a photo to this gallery  The sale was criticised by several opposition MPs and the World Bank; Secretary of State for International Development Clare Short declared that BAE Systems had "ripped off" developing nations. The first flight of a proper J61 aircraft was by 2064 G-JLXI on 10 May 1994 from Prestwick. Some of the £30 million penalty the company will pay in fines to the UK will be paid ex gratia for the benefit of the people of Tanzania.  The Al Yamamah agreements between the UK and Saudi Arabia require "the provision of a complete defence package for the Kingdom of Saudi Arabia"; BAE Systems employs 5,300 people in the kingdom. Using a modification of the HS 748 freight door, the ATPF can carry 30% more cargo than its predecessor with a 10% increase in running costs. , BAE Systems has its head office and its registered office in City of Westminster, London.  The Times suggested that such "humiliating behaviour by the DOJ" is unusual toward a company that is co-operating fully. In 2007 the government announced it had agreed to release BAE Systems from ten of the undertakings due to "a change in circumstances". , In its 2012 half-year report, the company revealed a 10% decline in revenue in the six months up to 30 June due to falling demand for armaments. , BAE Systems Australia is one of the largest defence contractors in Australia, having more than doubled in size with the acquisition of Tenix Defence in 2008.  As well as Airbus, British Aerospace and DASA were partners in the Panavia Tornado and Eurofighter Typhoon aircraft projects. The Society of British Aerospace Companies, formerly Society of British Aircraft Constructors, known as SBAC, was the UK's national trade association representing companies supplying civil air transport, aerospace defence, homeland security and space. , BAE Systems is the predominant supplier to the UK MoD; in 2009/2010 BAE Systems companies in the list of Top 100 suppliers to the MoD received contracts totalling £3.98 billion, with total revenue being higher when other subsidiary income is included. It featured an interior based on the Jetstream 41 with innovative cabin wall armrests and an increase in capacity from 64 to 70 seats.  UDI, now BAE Systems Land and Armaments, manufactures combat vehicles, artillery systems, naval guns, missile launchers and precision guided munitions. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire.  On 10 October 2017, BAE announced that it would lay off nearly 2,000 out of its approximately 35,000 employees in Britain, mainly due to an order shortage for the Typhoon fighter. Své ředitelství měla ve Warwick House ve Farnborough Aerospace Centre ve městě Farnborough, Hampshire.  On 16 October 2007 the company announced that Mike Turner would retire in August 2008. " As well as employing in-house lobbyists, BAE Systems also employs a lobbying agency called Portland PR; many of Portland PR's staff have worked at the upper echelons of both Labour and Conservative governments. The company's Typhoon fighter is one of the main front line aircraft of the RAF. Following the 2008 Oslo Convention on Cluster Munitions BAE Systems was among the first defence contractors to stop their manufacture and by 2012 the majority of the munitions had been destroyed.  However on 6 April 2006 it was reported that it was indeed to sell its stake, then "conservatively valued" at £2.4 billion. This was a variant for use in military naval operations, with a surveillance radar under the forward fuselage, nose-mounted FLIR and internal sonar buoys. US$6 billion c. 2002) hostile bid for TRW in February 2002. It also stated the company's desire to both expand in the US and participate in further consolidation in Europe. Despite "considerable expressions of interest", the sale was abandoned in January 2011. BAE Systems este cea mai mare companie europeană din industria apărării, cu peste 88.000 de angajați și un profit de peste 1 miliard £ în anul 2006.Compania a fost înființată în 30 noiembrie 1999 prin fuzionarea vechilor companii British Aerospace (BAE) și Marconi Electronic Systems (MES).. Controverse. 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