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BAE Systems history
BAE Systems company history timeline
The Platforms and Services (International) segment comprises its group’s businesses in Saudi Arabia, Australia as well as shareholdings in MBDA and Indian business. It was founded on November 30, 1999, and is headquartered in London, the United Kingdom.“
Since 1999 almost all of BAE Systems' growth has been concentrated in the United States BAE Systems North America has grown to the point where its sales to the United States Department of Defense have surpassed those of its parent to the UK Ministry of Defence.
In April 2000, BAE purchased Lockheed Martin Control Systems (LMCS), a manufacturer of electronic controls for aircraft, space vehicles and the transportation industry for US$510 million.
In 2000 the company employed some 100,000 people directly and in joint ventures and was the largest exporter in the United Kingdom.
In December 2002 BAE Systems completed its acquisition of Condor Pacific, Inc. for $58.5 million.
In 2003 BAE Systems acquired Advanced Power Technologies, Inc (APTI), a data exploitation company and provider of communications and networking solutions, for $27 million.
Also in September 2004 BAE announced it was to acquire ALPHATECH, a Massachusetts-based image and signal processing company.
The deal was completed on October 25, 2004 for approximately $600 million and the company was merged into the newly created BAE Systems Information Technology.
The acquisition received regulatory approval from the Committee on Foreign Investment in the United States on April 18, 2005 and was completed on June 24.
BAE Systems North America was renamed BAE Systems Inc. in 2005 following a major reorganisation of BAE Systems plc as a result of the SELEX Sistemi Integrati and United Defense Industries transactions.
BAE Systems announced the purchase of Armor Holdings, a Florida-based manufacturer of military, law enforcement and personnel safety equipment on May 7, 2007.
On December 12, 2007, BAE announced the acquisition of Dayton, Ohio-based MTC Technologies.
The purchase was finalised in June 2008.
BAE Systems sponsors Code First Girls CFGdegree to encourage greater workplace diversity 10 May 2022
BAE Systems and the University of Nottingham Malaysia partner to tackle “missed risk” in money laundering 14 Mar 2022
Find out about our Financial Services sector webinars and events for 2022 Farnborough International Airshow (FIA)
BAE Systems' Robotic Technology Demonstrator strikes ground target with APKWS® laser-guided rocket 29 Jun 2022
Slovakia selects BAE Systems CV90 for new combat vehicle 28 Jun 2022
BAE Systems wins contract to continue sustaining United States intercontinental ballistic missiles 27 Jun 2022
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BAE Systems competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Remec Defense & Space Inc | 1998 | $68.0M | 499 | - |
| Lockheed Martin | 1995 | $71.0B | 115,000 | 5,299 |
| SAIC | 1969 | $7.4B | 25,500 | 1,754 |
| Eclipse Electronic Systems | 1993 | $61.0M | 50 | - |
| ManTech | 1968 | $2.6B | 7,800 | 810 |
| MHI Ship Repair & Services | 1983 | $46.1M | 50 | 23 |
| CACI International | 1962 | $7.7B | 20,000 | 3,166 |
| Boeing | 1916 | $66.5B | 141,582 | 3,480 |
| EOIR Technologies | 1981 | $25.3M | 125 | - |
| Electronic Warfare Associates | 1977 | $19.0M | 282 | - |
BAE Systems history FAQs
Zippia gives an in-depth look into the details of BAE Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about BAE Systems. The employee data is based on information from people who have self-reported their past or current employments at BAE Systems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by BAE Systems. The data presented on this page does not represent the view of BAE Systems and its employees or that of Zippia.
BAE Systems may also be known as or be related to B A E System, BAE Systems, BAE Systems Inc, BAE Systems Plc, BAE Systems plc, BAE Systems, Inc. and Bae Systems Holdings Inc.