Editing BAE Systems (section)

{{Short description|British defence, security and aerospace company}}
{{Redirect|BAE||BAE (disambiguation)}}
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{{Use dmy dates|date=June 2024}}
{{Use British English|date=June 2018}}
{{Infobox company
| name = BAE Systems plc
| logo = BAE Systems logo.svg
| logo_size = 250px
| image = 
| image_size = 
| image_alt = 
| image_caption = 
| former_name = {{Ubl
 |British Aerospace Limited (1979–1981)
 |British Aerospace Public Limited Company (1981–2000)<ref name="CompaniesHouse">{{Cite web |date=1979-12-31 |title=BAE Systems PLC overview - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/company/01470151 |access-date=2024-02-11 |website=[[Companies House]] |language=en}}</ref>
}}
| type = [[Public limited company|Public]]
| traded_as = {{lse|BA.}} <br>[[FTSE 100 Index|FTSE 100 Component]]
| predecessors = {{ubl|[[British Aerospace]] |[[Marconi Electronic Systems]]}}
| foundation = {{start date and age|1999|11|30|df=yes}}
| location = [[London]], England, UK
| area_served = Worldwide
| key_people = {{ubl|[[Cressida Hogg]] (chair)|[[Charles Woodburn]] (CEO)}}
| industry = [[Aerospace industry|Aerospace]], [[military technology|military]] and [[information security]]
| revenue = {{increase}} {{GBP|26.312&nbsp;billion}}
| revenue_year = 2024
| operating_income = {{increase}} {{GBP|2.685&nbsp;billion}}
| income_year = 2024
| net_income = {{increase}} {{GBP|2.041&nbsp;billion}}
| net_income_year = 2024
| assets = {{increase}} {{GBP|38.142&nbsp;billion}}
| assets_year = 2024
| equity = {{increase}} {{GBP|11.777&nbsp;billion}}
| equity_year = 2024
| num_employees = 107,400
| num_employees_year = 2024
| divisions = [[#Organisation|See below]]
| subsid = {{ubl|[[BAE Systems Inc.]] |[[BAE Systems Australia]] |[[BAE Systems Digital Intelligence]]}}
| homepage = {{URL|https://baesystems.com}}
| footnotes = <ref name=ar2024>{{cite web |title=Annual Results 2024 |publisher=BAE Systems plc |url=https://investors.baesystems.com/~/media/Files/B/BAE-Systems-Investor/documents/2024-preliminary-results-announcement.pdf |access-date=19 February 2025}}</ref><ref>{{cite web|url=https://www.baesystems.com/en-uk/our-company/about-us/where-we-operate|title=Where we operate|publisher=BAe Systems|access-date=19 February 2025}}</ref>
}}

'''BAE Systems plc''' is a British [[Multinational corporation|multinational]] [[Aerospace industry|aerospace]], [[military technology|military]] and [[information security]] company, based in [[London]].<ref>{{Cite web|url=https://www.baesystems.com/en-uk/company-information|title=Company Information|website=BAE Systems {{pipe}} United Kingdom}}</ref><ref>{{Cite web|url=https://find-and-update.company-information.service.gov.uk/company/01470151|title=BAE Systems plc - Overview (free company information from Companies House)|website=find-and-update.company-information.service.gov.uk}}</ref> It is the largest manufacturer in Britain as of 2017.<ref name="veconomist">{{cite news|title=BAE Systems sheds 2,000 jobs in Britain|url=https://www.economist.com/news/britain/21730208-defence-giant-poised-take-advantage-global-rise-military-spending-bae|newspaper=[[The Economist]]|date=12 October 2017|access-date=13 October 2017|archive-url=https://web.archive.org/web/20171013120231/https://www.economist.com/news/britain/21730208-defence-giant-poised-take-advantage-global-rise-military-spending-bae |archive-date=13 October 2017|url-status=live}}</ref> It is the largest defence contractor in Europe<ref>{{cite web |author=Defence IQ Press 06/12/2013 |url=https://www.defenceiq.com/air-land-and-sea-defence-services/articles/top-10-defence-companies-bae-systems-3 |title=Top 10 Defence Companies: BAE Systems #3 |date=12 June 2013 |publisher=Defence IQ |access-date=2019-03-02 |archive-url=https://web.archive.org/web/20181010213657/https://www.defenceiq.com/air-land-and-sea-defence-services/articles/top-10-defence-companies-bae-systems-3 |archive-date=10 October 2018 |url-status=live}}</ref> and the seventh largest in the world based on applicable 2021 revenues.<ref>{{cite web |url=https://people.defensenews.com/top-100/ |title=Top 100 for 2021 |website=[[Defense News]] |access-date=23 January 2022}}</ref> Its largest operations are in the United Kingdom and in the United States, where its [[BAE Systems Inc.]] subsidiary is one of the six largest suppliers to the [[United States Department of Defense|US Department of Defense]]. Its next biggest markets are Saudi Arabia, then Australia; other major markets include Canada, Japan,<ref>{{Cite web |title=BAEシステムズジャパン正式発足、戦略市場として体制強化 |url=https://www.jwing.net/news/50599|access-date=Nov 4, 2022 |language=ja |url-status=dead |archive-url= https://web.archive.org/web/20221104001909/https://www.jwing.net/news/50599 |archive-date=4 November 2022}}</ref><ref>{{Cite web |title=黒船来る? 英巨大企業BAEシステムズ日本法人設立 国や日本企業が期待を抱く切実理由 |date=17 November 2021 |url=https://merkmal-biz.jp/post/4716|access-date=Nov 4, 2022 |language=ja}}</ref> India, Turkey, Qatar, Oman and Sweden.<ref name=2022_Annl_Report/> The company was formed on 30 November 1999 by the [[British pound sterling|£]]7.7&nbsp;billion purchase of and merger of [[Marconi Electronic Systems]] (MES), the defence electronics and naval shipbuilding subsidiary of the [[General Electric Company plc]] (GEC), with [[British Aerospace]], an aircraft, munitions and naval systems manufacturer.

BAE Systems is the successor to various aircraft, shipbuilding, armoured vehicle, armaments and defence electronics companies, including the [[Marconi Company]], the first commercial company devoted to the development and use of radio; [[Avro|A.V. Roe and Company]], one of the world's first aircraft companies; [[de Havilland]], manufacturer of the [[de Havilland Comet|Comet]], the world's first commercial jet airliner; [[Hawker Siddeley]], manufacturer of the [[Harrier jump jet|Harrier]], the world's first VTOL attack aircraft; [[British Aircraft Corporation]], co-manufacturer of the [[Concorde]] supersonic transport; [[Supermarine]], manufacturer of the [[Supermarine Spitfire|Spitfire]]; [[Yarrow Shipbuilders]], builder of the [[Royal Navy]]'s [[Havock class destroyer|first destroyers]]; [[Fairfield Shipbuilding and Engineering Company]], builder of the world's first [[Invincible-class battlecruiser|battlecruiser]]; and [[Vickers Shipbuilding and Engineering]], builder of the Royal Navy's first [[Holland class submarine|submarines]].

Since its 1999 formation, BAE Systems has made a number of acquisitions, most notably of [[Ball Aerospace & Technologies|Ball Aerospace]], [[United Defense]] and [[Armor Holdings]] of the United States, and has sold its shares in [[Airbus]], [[Astrium]], [[Alenia Marconi Systems|AMS]] and [[Atlas Elektronik]]. It is involved in several major defence projects, including the [[Lockheed Martin F-35 Lightning II]], the [[Eurofighter Typhoon]], and the ''[[Astute-class submarine|Astute]]'', ''[[Dreadnought-class submarine|Dreadnought]]'' and [[SSN-AUKUS]] submarines. BAE is listed on the [[London Stock Exchange]]'s [[FTSE 100 Index]].