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AGM alert: Smith & Nephew, BAE Systems, GSK, Barclays interactive investor12:11 19-Apr-24
BAE selects Hanwha USA for modernisation project UK Defence Journal12:04 19-Apr-24
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Explosion at Welsh weapons factory North Wales Live17:03 17-Apr-24
Students held back from a career in tech Education Business10:08 17-Apr-24
Kier Starmer visits Barrow’s BAE Systems Business Crack07:41 16-Apr-24
BAE to maintain and repair light guns in Ukraine UK Defence Journal10:33 15-Apr-24
Keir Starmer visits Barrow’s BAE Systems Cumbria Crack09:31 13-Apr-24
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BAE target dramatic reduction in frigate build time UK Defence Journal12:09 12-Apr-24
Sir Keir Starmer to visit BAE Systems Business Crack07:35 12-Apr-24
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BAE apprentices describe meaning behind their work UK Defence Journal17:59 10-Apr-24
UK to fund the repairs of L119 howitzers in Ukraine Ukraine Military News15:16 10-Apr-24
OSI Contracted by BAE ASDNews08:36 10-Apr-24
Building a brighter future for Barrow in-cumbria13:03 5-Apr-24
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19 Apr 13:58

About our BAE Systems news

Latest news on BAE Systems, 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.

BAE Systems was formed in 1999 from the merger of British Aerospace (BAe) with Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC). BAe, in turn, dates to the merger (1977, with two other firms) of British Aircraft Corporation (BAC) and Hawker Siddeley Aviation, both having been nationalised a year earlier owing to unprofitable financial situations.

Through its BAe antecedents, BAE Systems carries the legacy of some 20 British aircraft firms (e.g., Bristol, Avro, Gloster, De Havilland, Supermarine), several dating to the first decades of flight. In the 1960s and early ’70s, BAC and Hawker Siddeley each produced significant aircraft. BAC built the Vickers-Armstrongs VC10 and BAC One-Eleven jetliners and, in partnership with Aerospatiale of France, the Concorde supersonic transport. Hawker Siddeley developed the HS 121 Trident jetliner, Vulcan bomber, and Harrier vertical/short-takeoff-and-landing (V/STOL) fighter.

Since its formation in 1999, BAE has made a number of acquisitions, most notably of United Defense and Armor Holdings of the United States, and sold its shares in Airbus, Astrium, AMS and Atlas Elektronik. It is involved in several major defence projects, including the Lockheed Martin F-35 Lightning II, the Eurofighter Typhoon, the Astute-class submarine, and the Queen Elizabeth-class aircraft carriers.

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