hlt.today logo n
Friday, March 31, 2023

BAE Systems plc

Product: Military

Industry: Defense

Description:

BAE Systems plc (BAE) is a British multinational arms, security, and aerospace company based in London, England. It is the largest defence contractor in Europe, and ranked the seventh-largest in the world based on applicable 2021 revenues. As of 2017, it is the biggest manufacturer in Britain. Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Other major markets include Australia, Canada, India, Saudi Arabia, Turkey, Qatar, Oman and Sweden, where Saudi Arabia is regularly among its top three sources of revenue. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger with Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), by British Aerospace, an aircraft, munitions and naval systems manufacturer.

Country: UK

Website

Share:

Our Weekly Top Articles

About HLS.Today

HLS.Today’s purpose is to cover news and information for the public and private sectors. We are also covering the latest product and service innovations in the homeland security and public safety industries at large. The main objective of this information platform is to provide professionals and executives with relevant information and tools to enrich their knowledge when making an informed decision.

We invite you to join our weekly newsletter, which will cover the featured stories and most read articles of the week in your email. We also don’t like spam emails and promise you we will not share your emails with anyone. Contact us and add your email to our mailing list.