BAE SYSTEMS plc
News and overview for BAE SYSTEMS plc
BAE Systems names Hudson to run U.S. arm - MarketWatch
MarketWatch | 141 days 7 hours 27 minutes ago
LONDON (MarketWatch) -- BAE Systems PLC (BA.LN) Monday appointed Linda Hudson as chief operating officer and as head of its U.S. subsidiary.
BAE Systems plc Pleads Guilty and Ordered to Pay $400 Million Criminal Fine [Press Release]
PRNewswire | 15 days 1 hour 37 minutes ago
WASHINGTON, March 1 /PRNewswire-USNewswire/ -- BAE Systems plc (BAES) pleaded guilty today in U.S. District Court in the District of Columbia to conspiring to defraud the United States by impairing and impeding its lawful functions, to making false statements about its Foreign Corrupt Practices Act (FCPA) compliance program, and to violating the Arms Export Control Act (AECA) and International Traffic in Arms Regulations (ITAR), announced Acting Deputy Attorney General Gary G. Grindler. BAES...
BAE Systems pleads guilty to conspiracy, fined $400M
AIA dailyLead | 8 days 16 hours 46 minutes ago
The Justice Department has fined defense contractor BAE Systems PLC $400 million for its failure to comply with anti-bribery laws. BAE Systems pleaded guilty to conspiracy, and court records indicate...
Linda Hudson Appointed to BAE Systems plc Board and President and CEO, BAE Systems, Inc. [Press Release]
Business Wire | 141 days 10 hours 15 minutes ago
BAE Systems today announces the appointment of Linda Hudson as Chief Operating Officer, BAE Systems plc, and President and CEO of BAE Systems, Inc. Linda was previously President of BAE Systems’ Land & Armaments Operating Group and succeeds General Tony Zinni (USMC ret.), who was appointed as the Acting President and CEO of BAE Systems, Inc. in June 2009. Tony Zinni will stay on to facilitate a smooth and effective transition and will continue to serve as the Chairman of the BAE Systems, Inc....
BAE loses U.K. vehicle job to General Dynamics
MarketWatch | 3 days 2 hours 41 minutes ago
BAE Systems PLC (BA.LN) has lost the race to build the U.K. army's next generation of "Scout" armored vehicles, beaten by General Dynamics /quotes/comstock/13!gd/quotes/nls/gd (GD 73.76, -0.39, -0.53%) of the U.S. in the competition for a contract worth more than GBP1 billion, The Financial Times in London reported Saturday, without citing sources.
BAE Systems pleads guilty to conspiracy and is sentenced to pay a $400 million fine
Los Angeles Times | 14 days 23 hours 31 minutes ago
WASHINGTON (AP) — Defense company BAE Systems PLC pleaded guilty to conspiracy on Monday and a judge imposed a $400 million fine, among the largest in the Justice Department's efforts to combat overseas corruption in international business.
Defense company BAE Systems enters guilty plea
USA TODAY | 15 days 40 minutes ago
WASHINGTON (AP) - Defense company BAE Systems PLC has pleaded guilty to conspiracy and has been sentenced to pay a $400 million fine in a case involving false statements to the U.S. government.
BAE systems to pay $400M on regulatory charges
Boston Globe, The | 39 days 3 hours 40 minutes ago
LONDONDefense company BAE Systems PLC said Friday it would pay fines totaling more than $400 million after reaching settlements with Britain's anti-fraud agency and the U.S. Justice Department to end decades-long corruption investigations into the company.
BAE systems to pay $400 million to settle on regulatory charges with US, UK governments
Sun-Sentinel (Fort Lauderdale, Fla.) | 39 days 5 hours 41 minutes ago
Defense company BAE Systems PLC said Friday it would pay fines totaling more than $400 million after reaching settlements with Britain's anti-fraud agency and the U.S. Justice Department over investigations into its former activities in Saudi Arabia and Tanzania.
BAE Systems to pay nearly $500M to settle corruption charges
AIA dailyLead | 36 days 16 hours 46 minutes ago
London-based defense contractor BAE Systems PLC has agreed to settlements of nearly $500 million to resolve...has grappled with for years. Under the settlements, BAE will plead guilty to various charges in the U.S. and...
BAE fined $400 million in corruption case
Tampa Tribune (Fla.), The | 14 days 21 hours 37 minutes ago
WASHINGTON - Defense company BAE Systems PLC pleaded guilty to conspiracy today and a judge imposed a $400 million fine, among the largest in the Justice Department's efforts to combat overseas corruption in international business.
Unmanned Aerial Vehicles (UAV) & Systems - A Global Update of Market Trends & Opportunities [Press Release]
PRNewswire | 42 days 6 hours 57 minutes ago
NEW YORK, Feb. 2 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
BAE reaches $450-million settlement
Globe and Mail (Toronto), The | 38 days 21 hours 36 minutes ago
Military contractor will pay fines in U.S., Britain to settle long-running corruption investigations
BAE to pay U.S. $400 mln fine over foreign bribes
MarketWatch | 15 days 37 minutes ago
British defense contractor BAE Systems PLC /quotes/comstock/23s!a:ba
BAE Systems, Mahinda Create Joint Venture
Modern Materials Handling | 106 days 7 hours 32 minutes ago
LONDON (AP) -- BAE Systems PLC, the world's No. 2 defense contractor, said Monday it has signed a deal with Mahindra & Mahindra Ltd. to create a joint venture defense company based in India and focused on land systems.
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Company Overview
| Company: | BAE SYSTEMS plc |
|---|---|
| Industry: | Aerospace & Defense Parts Manufacturing |
| Website: | http://www.baesystems.com |
BAE SYSTEMS, which helped win the Battle of Britain with its Mosquito and Spitfire fighters, is now Europe's largest military contractor and the largest foreign player in the US defense market. BAE's offerings include avionics, military aircraft, armored vehicles, air defense systems, missiles, artillery locators, communications and navigation systems, radar, ships, space systems, and aerospace electronics. BAE's fighter aircraft include the Harrier, Hawk, Tornado, and the next-generation Eurofighter Typhoon. North America is BAE's biggest market, with the US Department of Defense its largest single customer.
Key Numbers
| Sales in U.S. Dollars (mil.) | 24,127.9 (2008) |
|---|---|
| One-year % Growth in Sales | -15.5 (2008) |
| Net Income in U.S. Dollars (mil.) | 2,558.8 (2008) |
| One-year % Growth in Net Income | 39.0 (2008) |
| Number of Employees | 105,000 (2008) |
| One-year % Growth in Number of Employees | 19.3 (2008) |
| Fiscal Year-End | December |