BAE Systems plc 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, Japan, 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 , the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc , by British Aerospace, an aircraft, munitions and naval systems manufacturer.
BAE Systems is a Nonprofit Organization operating in the field of Aerospace & Defense established in 1999, Headquartered in London, United Kingdom The company was founded and well known with the mission is 'Our culture focuses not on what we do, but on how we do it. If we focus on the how, the future that we wish to attain will follow. We have a culture of Total Performance; a commitment to the highest standards in every aspect of the way we do business. This is guided through four embodying elements: Customer Focus, Financial Performance, Programme Execution and Responsible Behaviour. OUR VISION “ To be the premier global defence, aerospace and security company.” OUR MISSION “ To deliver sustainable growth in shareholder value through our commitment to Total Performance.”' BAE Systems now has more than 10000+ employees. The revenue is still a question. The official website of the company is www.baesystems.com Competitors in the same sector such as Rolls-Royce, Babcock International Group, Thales
Type | Public limited company |
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LSE: BA. FTSE 100 Component | |
Industry | Aerospace, arms industry, information security |
Predecessors | |
Founded | 30 November 1999 |
Headquarters | London, England, UK |
Area served | Worldwide |
Key people |
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Products |
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Services | Maintenance, consultancy, training etc. |
Revenue | £19.52 billion (2021)[3] |
£2.39 billion (2021)[3] | |
£1.91 billion (2021)[3] | |
Total assets | £27.14 billion (2021)[3] |
Total equity | £7.67 billion (2021)[3] |
Number of employees | 90,500 (2022)[4] |
Divisions | See below |
Subsidiaries | |
Website | www |