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On 16 June 2003 BAE sold its 25% share of Astrium for £84 million, however due to the lossmaking status of the company, BAE Systems invested an equal amount for "restructuring". [41] BAE Systems sold its 54% majority share of BAE Systems Canada , an electronics company, in April for CA$310 (approx. £197 million as of December 2010). [ 42 ]
bae.co.uk (archived) British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer that was formed in 1977. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. [1] It purchased Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of ...
BAE Systems Inc. (formerly BAE Systems North America) is an American subsidiary of multinational defense, security, and aerospace company BAE Systems plc. The American subsidiary operates under a Special Security Agreement which allows it to work on some of the most sensitive United States defense programs despite its foreign ownership. [ 2 ]
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LONDON -- The shares of BAE Systems advanced 3 pence to 378 pence this morning as investors studied the defense group's latest update and its 5.2% yield. BAE said today that trading since the ...
The RBSL joint venture was formally announced on 21 January 2019, with the cost of Rheinmetall’s 55% share of BAE Systems’ Land UK business being £28.6 million. [1] The acquisition did not include Land UK’s munitions and technology interests, or the CTA International (CTAI) JV BAE Systems has with Nexter Systems , the latter a medium ...
Alvis Vickers in context of the evolution of the land systems division of BAE Systems, 1970s to Land & Armaments formation. Alvis PLC was created when United Scientific Holdings plc acquired the Alvis division of the nationalised vehicle manufacturer British Leyland in 1981.