The first flight of a proper J61 aircraft was by 2064 G-JLXI on 10 May 1994 from Prestwick. This was one of the largest fines in the history of the DOJ. [143], It is understood that Turner had a poor working relationship with senior MoD officials, for example with former Defence Secretary Geoff Hoon. [12] These Articles require that no foreign person or persons acting together may hold more than 15% of the company's shares. [108], In August 2020 BAE completed the purchase of United Technologies' military GPS businesses for $1.9 billion and Raytheon’s military airborne radios business for $275 million. [53][132][133], 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. 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. This called for the nationalisation and merger of the British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics and Scottish Aviation. [77] Due to the slow pace of informal negotiations, BAE Systems exercised its put option which saw investment bank Rothschild appointed to give an independent valuation. Oxford Economic Forecasting states that in 2002 the company's UK businesses employed 111,578 people, achieved export sales of £3 billion and paid £2.6 billion in taxes. The British Aerospace Nimrod AEW3 was a planned but cancelled AWACS aircraft for the Royal Air Force of Great Britain. US$4.5 billion c. 2007) and completed the deal on 31 July 2007. The project was cancelled in the 1990s. [155] In June 2007 Lord Woolf was selected to lead what the BBC described as an "independent review.... [an] ethics committee to look into how the defence giant conducts its arms deals". Bristol, English Electric and Vickers became "parents" of BAC with shareholdings of 20%, 40% and 40% respectively. [33], BAE Systems inherited the UK government owned "golden" share that was established when British Aerospace was privatised. [171] The Times suggested that such "humiliating behaviour by the DOJ" is unusual toward a company that is co-operating fully. It stated that representations to its Director and the Attorney General Lord Goldsmith had led to the conclusion that the wider public interest "to safeguard national and international security" outweighed any potential benefits of further investigation. Production ran from 1983 until 2002. [9] As a result, BAE Systems is the successor to many of the most famous British aircraft, defence electronics and warship manufacturers. [53] Instead, in 2008 BAE Systems merged its Surface Fleet arm with the shipbuilding operations of VT Group to form BVT Surface Fleet, an aim central to the British Government's Defence Industrial Strategy. Minor modifications were made to the nose and tail shapes; and smaller windows on a shorter pitch than the 748's were used. It also stated the company's desire to both expand in the US and participate in further consolidation in Europe. In 2007 the government announced it had agreed to release BAE Systems from ten of the undertakings due to "a change in circumstances". Champion", "Milestone for BAE as its trade with America outstrips MoD business", "ÅF signs framework agreement with BAE Systems Bofors AB", "BAE's Olver demands 'root and branch' change", "BAE chief admits clashing with chairman over Europe", "Mike Turner abruptly quits as BAE's chief", "Seven countries where BAE have been undec investigated – Bribing for Britain? [190], In September 2003 The Sunday Times reported that BAE Systems had hired a private security contractor to collate information about individuals working at CAAT and their activities. [14] GEC purchased English Electric (which included Marconi) in 1968 and thereafter used the Marconi brand for its defence businesses (as GEC-Marconi and later Marconi Electronic Systems). [193], The company was reported in 2012 to have been the target of Chinese cyber espionage that may have stolen secrets related to the F-35 Lightning II.[194]. [21] European governments wished to see the merger of their defence manufacturers into a single entity, a 'European Aerospace and Defence Company'. [164] The MoD has stated "The report remains sensitive. Like the AV-9, it also has a detachable module for a variety of uses. ", "The parallel universe of BAE: covert, dangerous and beyond the rule of law", "Security experts admit China stole secret fighter jet plans", "Exclusions from the Government Pension Fund – Global", "Most of Britain's cluster bomb stockpile has been destroyed, say activists", BAE Says Islamic State War Is Call to Arms for Weapons-Maker, Theresa May should expel Saudi Arabia from the UN Human Rights Council, but that's not enough to absolve the UK, BAE chairman to peace activists: 'weapons sales encourage peace', "The firm with a 'back door key to Number 10, "Office for the Registrar of Consultant Lobbyists", BAE Systems profile on corporatewatch.org.uk, Port Victoria Marine Experimental Aircraft Depot, Defence Electronics and Components Agency, Defence Science and Technology Laboratory, https://en.wikipedia.org/w/index.php?title=BAE_Systems&oldid=998193997, Aerospace companies of the United Kingdom, Aircraft manufacturers of the United Kingdom, Manufacturing companies established in 1999, Companies listed on the London Stock Exchange, Electronics companies of the United Kingdom, Manufacturing companies of the United Kingdom, Wikipedia indefinitely move-protected pages, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, Government owned from 1966 to liquidation. [191][192] In February 2007, it was reported that the corporation had again obtained private confidential information from CAAT. [119], BAE Systems defines its "principal markets" to be Australia, Saudi Arabia, the UK and the US. In 1961, de Havilland began working on a revolutionary small business jet, the DH.125 Jet Dragon, intended to replace the piston engined de Havilland Dove business aircraft and light transport. [9][76] However on 6 April 2006 it was reported that it was indeed to sell its stake, then "conservatively valued" at £2.4 billion. In 2001 Airbus was incorporated as Airbus SAS, a joint stock company. [168] In June 2007, the BBC's Panorama alleged BAE Systems "paid hundreds of millions of pounds to the ex-Saudi ambassador to the US, Prince Bandar bin Sultan" in return for his role in the Al Yamamah deals. The British Aerospace Jetstream is a small twin- turboprop airliner, with a pressurised fuselage, developed as the Jetstream 31 from the earlier Handley Page Jetstream. [148], Financial information for the company is as follows:[3][83][85][149][150][151], 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. [187] In May 2011, as allegations of bribery behind South Africa's Gripen procurement continued, the company's partner Saab AB issued strong denials of any illicit payments being made; however in June 2011 Saab announced that BAE Systems had made unaccounted payments of roughly $3.5 million to a consultant; this revelation prompted South African opposition parties to call for a renewed inquiry. The Times stated that the decision brought "to an end its controversial relationship with the Gripen fighter aircraft". [144] It has been suggested that relations between Turner and Olver were tense. Purchased rights for various Beagle and Handley-Page designs from the liquidator. The slightly swept wing employed large slotted flaps and airbrakes to allow operation from small airfiel… Woodburn joined BAE Systems in May 2016 as Chief Operating Officer and Executive Board Director following over 20 years' international experience in senior management positions in the oil and gas industry. British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer. BAE Systems' purchase of Lockheed Martin Aerospace Electronic Systems in November 2000 was described by John Hamre, CEO of the Center for Strategic and International Studies and former Deputy Secretary of Defense, as "precedent setting" given the advanced and classified nature of many of that company's products. In addition to these virtues, it is also very quiet upon take off. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. [64] On 22 December 2006 BAE received a £947 million contract to provide guaranteed availability of Royal Air Force (RAF) Tornados. [156] The report, Ethical business conduct in BAE Systems plc – the way forward, made 23 recommendations, measures which the company committed to implement. GEC's major defence related acquisitions included Associated Electrical Industries in 1967,[16] Yarrow Shipbuilders in 1985,[16] Plessey companies in 1989,[17] parts of Ferranti's defence business in 1990,[17] the rump of Ferranti when it went into receivership in 1993/1994, Vickers Shipbuilding and Engineering in 1995[18] and Kværner Govan in 1999. [142] As well as the terms of the Nimrod contract, Weston had fought against the MOD's insistence that one of the first three Type 45 destroyers should be built by VT Group. 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. For Farnborough, the original prototype ATP (serial number 2001) was re-painted in a J61 scheme and re-registered G-PLXI (LXI being the Roman numeral for 61. [90], BAE Systems sold the regional aircraft leasing and asset management arm of its Regional Aircraft business in May 2011. As a result, BAE Systems is the successor to many of the most famous British aircraft, defence electronics and warship manufacturers. The 748's twin Rolls-Royce Dart engines were replaced with Pratt & Whitney Canada PW126 fuel efficient engines. [177], In September 2005 The Guardian reported that banking records showed that BAE Systems paid £1 million to Augusto Pinochet, the former Chilean dictator. [89] A new generation of nuclear missile submarines, the Dreadnought-class, was ordered in 2016. [134] 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. Roe and Company, one of the world's first aircraft companies; de Havilland, manufacturer of the Comet, the world's first commercial jet airliner; Hawker Siddley, manufacturer of the Harrier, the world's first VTOL attack aircraft; British Aircraft Corporation, co-manufacturer of the Concorde supersonic transport; Supermarine, manufacturer of the Spitfire; Yarrow Shipbuilders, builder of the Royal Navy's first destroyers; Fairfield Shipbuilding and Engineering Company, builder of the world's first battlecruiser; and Vickers Shipbuilding and Engineering, builder of the Royal Navy's first submarines. The DH.125 design was for a low-winged monoplane with a pressurised fuselage accommodating two pilots and six passengers. It was developed from the technology demonstrator, the British Aerospace EAP. [122], After its creation, BAE Systems had a difficult relationship with the MoD. US$4.2 billion c. 2005) acquisition of UDI. 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. [37] Between 2008 and early 2011 BAE acquired five cybersecurity companies in a shift in strategy to take account of reduced spending by governments on "traditional defence items such as warships and tanks". This was prompted by Northrop Grumman's £4.1 billion (approx. [120], 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. Podjetje je bilo ustanovljeno leta 1977, ko so se združili British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics in Scottish Aviation. 1998). The British Aerospace 146 (BAe 146 for short) was a British-made quad-engined, narrow-bodied short-haul jet airliner manufactured by British Aerospace from 1983 until 2002. [27], Meanwhile, GEC was also under pressure to participate in defence industry consolidation. The Maritime ATP was later known as the BAe P.132. [23] The two companies envisaged including Aérospatiale, the other major European aerospace company, but only after its privatisation. On 12 December 2006, Lord Drayson signed an agreement which allows "an unbroken British chain of command" for operation of the aircraft. Restated to exclude Airbus contributions. Created in Second Life by McKeenan Aviation, the aircraft was based on the real-life British Aerospace 146 manufactured by British Aerospace. [47] The troubled Nimrod project would ultimately be cancelled as part of the 2010 Strategic Defence and Security Review (SDSR). [103] In August 2014, BAE was awarded a £248 million contract from the British government to build three new offshore patrol vessels. Data from Jane's All the World's Aircraft, 1988–1989[5], Aircraft of comparable role, configuration, and era, Regional airliner produced by British Aerospace, Learn how and when to remove this template message, "British-Aerospace BAe-ATP Production List", "Type Certificate Data Sheet No. The airframe of the HS 748 was redesigned with a lengthened 26.01 metres (85.3 ft) fuselage and a 30.62 metres (100.5 ft) wing span. [140], The company's first CEO, John Weston, was forced to resign in 2002 in a boardroom "coup" and was replaced by Mike Turner. [20], 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. [43][44], In June 2002, BAE Systems confirmed it was in takeover discussions with TRW, an American aerospace, automotive and defence business. [91] 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. [199] The Independent reported that BAE-supplied aircraft were used to bomb Red Cross and MSF hospitals in Yemen. [182][183] The sale was criticised by several opposition MPs and the World Bank;[184] Secretary of State for International Development Clare Short declared that BAE Systems had "ripped off" developing nations. Since its formation it 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. [59] On 31 January 2006 the company announced the sale of BAE Systems Aerostructures to Spirit AeroSystems, Inc,[60] having said as early as 2002 that it wished to dispose of what it did not regard as a "core business". [79] This saw the end of UK-owned involvement in civil airliner production. The aircraft first flew in August 1986 and entered service with British Midland in 1988. Certainly I never knew No 10 to come up with any decision which would be incommoding to BAE. BAE Systems was formed on 30 November 1999, by the £7.7 billion acquisition of Marconi Electronic Systems (MES) by British Aerospace. [99], In November 2013, BAE Systems announced that shipbuilding would cease in Portsmouth in 2014 with the loss of 940 jobs, and a further 835 jobs would be lost at Filton, near Bristol, and at the shipyards in Govan, Rosyth, and Scotstoun in Scotland. It was designed to research technologies to be used for a future European combat aircraft, and eventually formed the basis for the multinational Eurofighter Typhoon. [120], BAE Systems has its head office and its registered office in City of Westminster, London. [118], Major naval projects include the Astute-class submarine, Type 26 frigate and Queen Elizabeth-class aircraft carrier. The British Aircraft Corporation (BAC) was a British aircraft manufacturer formed from the government-pressured merger of English Electric Aviation Ltd., Vickers-Armstrongs (Aircraft), the Bristol Aeroplane Company and Hunting Aircraft in 1960. The latter provides counter fraud and anti-money laundering solutions to the global financial services industry where its software assists institutions to comply with regulations on financial intelligence and monitoring. "[174] On 24 April the SFO was granted leave to appeal to the House of Lords against the ruling. In total 65 aircraft were assembled and flown at BAe's Woodford and Prestwick facilities with the manufacture of the airframe and wings undertaken at Chadderton. Fairfield Shipbuilding and Engineering Company, 2010 Strategic Defence and Security Review, Lockheed Martin Aerospace Electronic Systems, Center for Strategic and International Studies, International Financial Reporting Standards, Secretary of State for International Development, used to bomb Red Cross and MSF hospitals in Yemen, "Top 10 Defence Companies: BAE Systems #3", "BAE Systems, Third Biggest Global Military Contractor, Approaches Major Leadership Change", "BAE Systems sheds 2,000 jobs in Britain", "BAe and Thomson-CSF SA: A report on the proposed merger", "The BAE Systems Lineage (click on Air tab)", "The companies involved, and the merger situations", "Europe Defense Firms Feel Pressure to Unite", "Business: The Company File: Defence merger on the radar", "Individual Foreign Shareholding Restrictions", "Nimrod: a sorry saga with a messy ending", "BAE Systems Completes Acquisition of United Defense Industries; Creates Global Land Systems Enterprise", "BAE Systems plc announces proposed acquisition of Armor Holdings Inc", "BAE Systems completes acquisition of Armor Holdings Inc", "Racing success as BAE Systems and Team McLaren Mercedes technology partnership celebrates 10 years", "Ian King takes over at BAE Systems and promises to raise standards", "BAE makes agreed £531m cash offer for Detica", "Purchase of Danish company expands BAE's cyber, intell capabilities", "BAE Systems announces recommended offer to acquire Norkom at", "BAE under pressure to hold Airbus stake", "BAE Systems says completed sale of Airbus stake to EADS", "BAE takes £600m hit on lost trucks contract", "BAE Systems left licking its wounds on Armor Holdings acquisition", "Preliminary Announcement and Presentation 2009", "The route ahead lies across rough terrain", "BAE cuts links to Saab and ill-fated fighter", "Securing Britain in an Age of Uncertainty: The Strategic Defence and Security Review", "BAE Systems Sells Leasing Business, Regional Aircraft Portfolio", "BAE Systems job cuts: Consultation period due to start", "Falling Armaments Demand Hits BAE Profits", "CONTRACT AWARDED TO ENHANCE ROYAL SAUDI AIR FORCE TRAINING CAPABILITY", "BAE Systems wins £2.5bn Oman Hawk and Typhoon contract", "BAE Systems shares shed gains after EADS merger talk", "Boeing Says EADS Seeking U.S. Growth With BAE Merger", "BAE-EADS merger cancelled amid political impasse", "BAE-EADS: Angela Merkel blamed for collapse of £28bn merger", "BAE Systems set to cut 440 management jobs", "BAE Systems wins 348 million pounds contract for new UK patrol ships", "Babcock, BAE Systems win $5.2 billion UK naval contracts", BAE Systems to buy U.S. cyber security firm SilverSky for $232.5 million, "Britain, Turkey sign defence deal to develop Turkish fighter jet", "Rheinmetall, BAE consummate armored-vehicles joint venture", "BAE Systems completes $1.9 billion buy of Raytheon's military Global Positioning System (GPS) business", "BAE Systems gets $3.2 billion deal so British forces can reload", SIPRI Top 100 Arms-Producing and Military Service Companies, "F-35 Joint Strike Fighter (JSF) BAE Systems", "UK unveils new Tempest fighter jet to replace Typhoon", "HMS Queen Elizabeth: Leak found on new aircraft carrier", "MoD top 100 suppliers: How you each gave BAE Systems £64 last year", "The economic contribution of BAE Systems to the UK and implications for defence procurement strategy", "BAE Systems chief reaps reward for years of fighting for revival", "The UK Defence Industrial Strategy and Alternative Approaches", "British Defense Industrial Strategy Secures BAE Systems as UK. [157], In September 2009, the SFO announced that it intended to prosecute BAE Systems for offences relating to overseas corruption. [113] The company is a major partner in the F-35 Lightning II programme. "[165] The company has been accused of maintaining a £60 million Saudi slush fund. [162] On 2 March 2010, Campaign Against Arms Trade (CAAT) and Corner House Research were successful in gaining a High Court injunction on the SFO's settlement with BAE Systems; however in April 2010 the two organisations withdrew their application for a judicial review. In December 2005 the MoD published the Defence Industrial Strategy (DIS) which has been widely acknowledged to recognise BAE Systems as the UK's "national champion". [42] Although EADS (now Airbus SE) was later reported to be interested in acquiring full control of MBDA, BAE said that, unlike Airbus, MBDA is a "core business". Several ATP variants were proposed and produced for civil and military use: The British Aerospace Jetstream 61 was an improved derivative of the ATP. [170] On 19 May 2008 BAE Systems confirmed that its CEO Mike Turner and non-executive director Nigel Rudd had been detained "for about 20 minutes" at two US airports the previous week and that the DOJ had issued "a number of additional subpoenas in the US to employees of BAE Systems plc and BAE Systems Inc as part of its ongoing investigation". 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". Manufacture of an improved version known as the Avro RJ began in 1992. The Business said he considered this "competition-policy gone mad". [198], Saudi Arabia is BAE's third biggest market. BAE Systems Annual Report 1999 22. It also stated the company's desire to both expand in the US and participate in further consolidation in Europe. These facilities manufactured wings for the Airbus family of aircraft. Add a photo to this gallery The purchase was completed on 27 June for A$775 million (£373 million) making BAE Systems Australia that country's largest defence contractor. [66][67] The company was a manufacturer of tactical wheeled vehicles and a provider of vehicle and individual armour systems and survivability technologies. Four airframes were produced as Jetstream 61s, 2065 being the only other to have flown before British Aerospace's regional airliner manufacturing operations were merged with ATR as Aero International (Regional) on 26 January 1995. "[128], The attraction of MES to British Aerospace was largely its ownership of Tracor, a major American defence contractor. English Electric Aircraft, a subsidiary of the English Electric Company. Ja Scottish Aviation-yhtiöt security business with the sale was completed on 13.. 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