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BAE Systems Inc. (formerly BAE Systems North America) is an American subsidiary of British 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]
Sanders Associates, Inc. was a defense contractor in Nashua, New Hampshire, United States, from 1951 until it was sold in 1986.It is now part of BAE Systems Electronics & Integrated Solutions, a subsidiary of BAE Systems.
BAE Systems acquired Lockheed Martin Aerospace Electronic Systems (AES) and Lockheed Martin Control Systems in 2000. BAE Systems Electronic Systems was formed in June 2005 by an internal reorganisation of these businesses. Lockheed had identified AES as a candidate for disposal following a strategic review in 1999.
BAE Systems plc is a British multinational aerospace, defence and information security company, based in London, England. [4] [5] It is the largest manufacturer in Britain as of 2017. [6] It is the largest defence contractor in Europe [7] and the seventh-largest in the world based on applicable 2021 revenues. [8]
The defense industry also has had a major presence in the Merrimack Valley, Massachusetts-based Raytheon has several large plants and offices in the Merrimack Valley, and BAE Systems Inc. also employs many people. Due to its proximity to Boston, the region also serves as a bedroom community for employers in Boston.
In 2002, it was renamed BAE Systems CNIR (Communication, Navigation, Identification and Reconnaissance). In a 2007 reorganization, the division was folded into BAE Systems Electronics and Integrated Solutions and is currently known as BAE Systems Sensor Systems .
On joining BAE Systems he was to be paid an annual base salary of £750,000. Additionally he was given more than £1.6m to compensate for incentive schemes at his previous company Expro. [ 5 ] It was reported in December 2016 that he was paid a total joining package worth £3 million. [ 6 ]
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