BAE Systems plc engages in the development, delivery, and support of defense and aerospace systems. The company offers a range of products and services for air, land and naval forces, as well as advanced electronics, information technology solutions, and customer support services. Its markets include the United States, the United Kingdom, Australia, Saudi Arabia, South Africa, and Sweden. Segments The company operates in five segments: Electronics, Intelligence and Support; Land and Armaments; Programmes and Support; International Businesses; and HQ & Other Businesses. Electronics, Intelligence and Support segment The Electronics, Intelligence and Support operating group designs, develops, produces and services systems and subsystems for a wide range of military and commercial applications. It comprises four lines of business: Electronic Solutions, Information Solutions, Platform Solutions, and Support Solutions. Land and Armaments segment Land and Armaments provides design, development, production, through-life support and upgrade of armoured combat vehicles, tactical wheeled vehicles, naval guns, missile launchers, artillery systems and munitions. Programmes and Support segment Programmes & Support comprises the company's UK-based air and naval activities, the activities of the acquired Detica security business and the Integrated System Technologies business. Military Air Solutions is responsible for delivering a range of military programmes including Typhoon, Hawk, Nimrod MRA4, F-35 Lightning II and autonomous air vehicles. In addition, it is responsible for through-life support to Harrier, Hawk, Tornado, Nimrod MR2, E-3D Sentry and VC-10 aircraft. International Businesses segment The International operating group comprises the company's businesses in Saudi Arabia and Australia, together with a 37.5% interest in the pan-European MBDA joint venture, a 20.5% shareholding in Saab of Sweden and a 49% shareholding in Air Astana. HQ and Other Businesses segment HQ and Other Businesses comprises the regional aircraft asset management and support activities, head office and the U.K. shared services activity, including research centers and property management. Joint Venture The joint venture between BAE Systems and VT Group (VT) was formed in July 2008. The Joint Venture provides surface warship building and through-life support operations in the U.K. Following formation, BVT signed the manufacturing contract for the Future Aircraft Carrier (CVF) and has assumed overall responsibility for delivery of the programme, including project management, engineering, shipbuild and integration. BVT is also responsible Alliant Techsystems, Inc. and BAE Systems have teamed to compete for the upcoming U.S. Navy and Marine Corps Joint Allied Threat Awareness System (JATAS) program. Detica Detica BAE Systems acquired Detica, a consultancy servicing the counter-threat agenda, in September 2008. It offers a range of services, including business and technology consulting, system integration and support. It also sells proprietary hardware and software. Detica assists clients with initiatives in areas, such as counterterrorism, serious and organized crime, and immigration and border control, as well as fraud detection and identity management through its sales of Detica NetRevealsoftware. Significant Events On October 20, 2009, BAE Systems plc has relocated its Space Coast Operations from Satellite Beach to Melbourne and begun hiring additional employees. The Melbourne facility specializes in engineering services for telecommunications and information technology; technical support for unmanned aircraft systems and treaty monitoring; and program management and integrated logistics support for military and government agencies worldwide. Its customers include Patrick Air Force Base, Cape Canaveral Air Force Station, and NASA's Kennedy Space Center. On December 7, 2009, Algebraix Data Corporation announced that it is partnering with BAE Systems plc to develop analytic platforms based on ALGEBRAIX technology. The companies would jointly develop database technology to organize and process data for BAE Systems' geospatial intelligence products.
bae systems plc
(BSP:German Stock Exchange)
6 Carlton Gardens
London, SW1Y 5AD
Phone: 44 1252 373 232
Fax: 44 1252 383 991www.baesystems.com
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