Annual Report 2018 Who We Are
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World Commerce Review ■ March 2014 1 Contents
WORLD COMMERCE R EVIEW ISSN 1751-0023 VOLUME 8 ISSUE 1 ■ MARCH 2014 AMERICAN OIL FROM AMERICAN SOIL NEELIE KROES ARGUES THAT TAMING FINANCIAL MARKETS Q&A WITH CHRIS COPYRIGHT NEEDS TO BE IS A MUST FOR ACHIEVING FAULKNER, PRESIDENT & REFORMED FOR THE SAKE OF STABILITY CEO OF BREITLING ENERGY THE FUTURE ECONOMY WRITES DANIEL DăiANU CORPORATION THE GLOBAL TRADE PLATFORM - 0 . 0 8 6 3 4 8 controlling corporate travel spend is your top priority we belong in your world LZLY]LK @V\RUV^P[»ZHIV\[TVYL[OHUJVUULJ[PUNWLVWSL^P[O[OLPYKLZ[PUH[PVUZ·P[»ZHIV\[[YHUZMVYTPUN PUMVYTH[PVUPU[VZTHY[KLJPZPVUZ[OH[OLSW`V\THUHNLHUKJVU[YVSJVZ[Z;OH[»Z`V\Y^VYSKHUK ^OLU`V\THRL+PULYZ*S\IWHY[VMP[^LOLSW`V\ZLL`V\Y^VYSKTVYLJSLHYS`>LJHSSP[ .SVIHS=PZPVU·ILJH\ZL[OH[»ZL_HJ[S`^OH[P[NP]LZ`V\! UH[PVUHS3[K(SSYPNO[ZY .HPUPTTLKPH[LHJJLZZ[V`V\Y; ,L_WLUZLZKV^U[V[OLPUKP]PK\HSJOHYNLSL]LS =PL^HUKHUHS`ZLL_WLUZLKH[H^P[OPUKH`ZVMWVZ[PUNPUV]LYJ\YYLUJPLZ .LULYH[LKL[HPSLKYLWVY[ZPUQ\Z[TPU\[LZVUZWLUKPUNHJ[P]P[`WVSPJ`JVTWSPHUJL KLSPUX\LUJPLZHUKTVYL +PULYZ*S\I0U[LY *HSS\ZUV^MVYZVS\[PVUZ[OH[W\[PUMVYTH[PVUPUHUL^WLYZWLJ[P]L +PULYZ*S\I*VYWVYH[L'KPZJV]LYJVTcc^^^+PULYZ*S\IJVT 51.51 41151 corporate solutions from diners club international® 3<',B$'9B%X\LQJ%XV7UDYHOBLQGG $0 DN-11-00703 210mm x 297mm London Diners Club International - Buying Business Travel Magazine Sept/Oct Foreword Ukrainian prospects s a new ‘Unity Government’ gets down to work in Kiev, the factors determining the political and economic trajectory of Ukraine will be determined less by a tug of war between Russia and the West than by the actions and decisions of the leadership that emerges in Ukraine. -
The EU Referendum and EU Reform
HOUSE OF LORDS European Union Committee 9th Report of Session 2015–16 The EU referendum and EU reform Ordered to be printed 22 March 2016 and published 30 March 2016 Published by the Authority of the House of Lords London : The Stationery Office Limited £price HL Paper 122 The European Union Committee The European Union Committee is appointed each session “to scrutinise documents deposited in the House by a Minister, and other matters relating to the European Union”. In practice this means that the Select Committee, along with its Sub-Committees, scrutinises the UK Government’s policies and actions in respect of the EU; considers and seeks to influence the development of policies and draft laws proposed by the EU institutions; and more generally represents the House of Lords in its dealings with the EU institutions and other Member States. The six Sub-Committees are as follows: Energy and Environment Sub-Committee External Affairs Sub-Committee Financial Affairs Sub-Committee Home Affairs Sub-Committee Internal Market Sub-Committee Justice Sub-Committee Membership The Members of the European Union Select Committee, which conducted this inquiry, are: Baroness Armstrong of Hill Top Lord Green of Hurstpierpoint Baroness Suttie Lord Blair of Boughton Lord Jay of Ewelme Lord Trees Lord Borwick Baroness Kennedy of The Shaws Lord Tugendhat Lord Boswell of Aynho (Chairman) Lord Liddle Lord Whitty Earl of Caithness Lord Mawson Baroness Wilcox Lord Davies of Stamford Baroness Prashar Baroness Falkner of Magravine Baroness Scott of Needham Market Further information Publications, press notices, details of membership, forthcoming meetings and other information is available at http://www.parliament.uk/hleu. -
Progress in Delivering the British Army's Armoured
AVF0014 Written evidence submitted by Nicholas Drummond “Progress in Delivering the British Army’s Armoured Vehicle Capability.” Nicholas Drummond Defence Industry Consultant and Commentator Aura Consulting Ltd. ______________________________________________________________________________ _________ Contents Section 1 - Introduction Section 2 - HCDC questions 1. Does the Army have a clear understanding of how it will employ its armoured vehicles in future operations? 2. Given the delays to its programmes, will the Army be able to field the Strike Brigades and an armoured division as envisaged by the 2015 SDSR? 3. How much has the Army spent on procuring armoured vehicles over the last 20 years? How many vehicles has it procured with this funding? 4. What other capabilities has the Army sacrificed in order to fund overruns in its core armoured vehicles programmes? 5. How flexible can the Army be in adapting its current armoured vehicle plans to the results of the Integrated Review? 6. By 2025 will the Army be able to match the potential threat posed by peer adversaries? 7. Is the Army still confident that the Warrior CSP can deliver an effective vehicle capability for the foreseeable future? 8. To what extent does poor contractor performance explain the delays to the Warrior and Ajax programmes? 9. Should the UK have a land vehicles industrial strategy, and if so what benefits would this bring? 10. What sovereign capability for the design and production of armoured vehicles does the UK retain? 11. Does it make sense to upgrade the Challenger 2 when newer, more capable vehicles may be available from our NATO allies? 12. What other key gaps are emerging within the Army’s armoured vehicle capability? 13. -
Véhicules Blindés Européens : Les Programmes En Cours
DOCUMENT A/2034 3 juin 2009 CINQUANTE-SIXIÈME SESSION ________ Véhicules blindés européens : les programmes en cours RAPPORT présenté au nom de la Commission technique et aérospatiale par M. Axel Fischer, président et rapporteur (Allemagne, Groupe fédéré) et Mme Tuija Nurmi (Finlande, Groupe fédéré), rapporteure DOCUMENT A/2034 3 juin 2009 CINQUANTE-SIXIÈME SESSION ________ Véhicules blindés européens : les programmes en cours RAPPORT présenté au nom de la Commission technique et aérospatiale par M. Axel Fischer, président et rapporteur (Allemagne, Groupe fédéré) et Mme Tuija Nurmi (Finlande, Groupe fédéré), rapporteure Rapport transmis au Président du Conseil de l’UEO ; au Président du Conseil de l’Union européenne ; au Secrétaire général de l’UEO/Haut Représentant pour la PESC de l’Union européenne ; au Président de la Commission européenne ; au Commissaire pour les stratégies de communication de l’UE ; aux Présidents des parlements nationaux et aux Présidents des Commissions des affaires étrangères, de la défense et des affaires européennes des 39 pays représentés au sein de l’Assemblée ; aux Présidents des Assemblées parlementaires du Conseil de l’Europe, de l’OSCE, de l’OTAN, de l’Assemblée balte, du Conseil nordique, de l’Assemblée parlementaire pour la coopération économique de la mer Noire, de l’Assemblée parlementaire de la CEI ; au Président du Parlement européen, ainsi qu’aux Secrétaires généraux des Assemblées parlementaires du Conseil de l’Europe, de l’OSCE et de l’OTAN. Document A/2034 3 juin 2009 Véhicules blindés européens : les programmes en cours ______ RAPPORT1 présenté au nom de la Commission technique et aérospatiale par M. -
FEBRUARY/MARCH 2017. Issue 01
FEBRUARY/MARCH 2017. Issue 01. READY FOR WHEREVER YOUR MISSION TAKES YOU ELAMS TOC: The ELAMS TOC Primary mission is to provide effective, reliable space for execution of battlefield C4I. MECC® Shower/Latrine: The AAR MECC® is a fully customizable ISO that allows you to mobilize your mission. SPACEMAX® The SPACEMAX® shelter provides lightweight, durable solutions for rapidly deployable space that reduces costs and risk. 2 armadainternational.com - february/march 2017 MADE IN armadainternational.com - february/march 2017 3 www.AARMobilitySystems.com THE USA FEBRUARY/MARCH 2017 www.armadainternational.com 08 AIR POWER COST VERSUS CREDIBILITY Andrew Drwiega examines maritime patrol aircraft procurement, and the options available for air forces and navies on a budget. 14 20 26 LAND Warfare TURING STIRLING CLASS WAR CATCH-22 VEHICLES FOR CHANGE Stephen W. Miller examines how the designs of Thomas Withington examines the Link-22 tactical Andrew White uncovers some of the latest light armoured vehicles are changing around data link, its workings and what it heralds for advances in vehicle technology to help the world. tomorrow’s naval operations. commandos reach their objectives. 32 38 FUTURE TECHNOLOGIES SEA POWER 44 THE MAN WHO FELL TO EARTH WHAT LIES BENEATH LAND Warfare Parachute technology is over a century old and is Warship definitions are becoming increasingly PREVENTION IS BETTER THAN CURE being continually refined, thanks to advances in blurred due to technological advances. Are we Claire Apthorp explores some of the innovative design and manufacturing, Peter Donaldson moving towards the multipurpose combatant, asks methods being adopted for military vehicle finds out. Dr. -
Can the EU Rebuild Failing States? a Review of Europe’S Civilian Capacities
Can the EU Rebuild Failing States? A Review of Europe’s Civilian Capacities Daniel Korski & Richard Gowan Foreword by Jean-Marie Guéhenno ABOUT ECFR The European Council on Foreign Relations (ECFR) is the first pan-European think-tank. Launched in October 2007, its objective is to conduct research and promote informed debate across Europe on the development of coherent, effective and values-based European foreign policy. ECFR has developed a strategy with three distinctive elements that define its activities: A pan-European Council. ECFR has brought together a distinguished Council of over one hundred Members – politicians, decision makers, thinkers and business people from the EU’s member states and candidate countries – which meets twice a year as a full body. Through geographical and thematic task forces, members provide ECFR staff with advice and feedback on policy ideas and help with ECFR’s activities within their own countries. The Council is chaired by Martti Ahtisaari, Joschka Fischer and Mabel van Oranje. A physical presence in the main EU member states. ECFR, uniquely among European think-tanks, has offices in Berlin, London, Madrid, Paris and Sofia. In the future ECFR plans to open offices in Rome, Warsaw and Brussels. Our offices are platforms for research, debate, advocacy and communications. A distinctive research and policy development process. ECFR has brought together a team of distinguished researchers and practitioners from all over Europe to advance its objectives through innovative projects with a pan-European focus. ECFR’s activities include primary research, publication of policy reports, private meetings and public debates, ‘friends of ECFR’ gatherings in EU capitals and outreach to strategic media outlets. -
Printmgr File
OFFERING MEMORANDUM NOT FOR GENERAL DISTRIBUTION IN THE UNITED STATES BAE Systems plc (incorporated with limited liability in England and Wales under the Companies Acts 1948 to 1980 with registered number 1470151) US$1,000,000,000 1.900% Notes due 2031 Issue price: 99.232% US$1,000,000,000 3.000% Notes due 2050 Issue price: 98.537% BAE Systems plc, a public limited company registered in England and Wales (the “Issuer”), is offering (the “Offering”) $1,000,000,000 aggregate principal amount of its 1.900% Notes due 2031 (the “2031 Notes”) and $1,000,000,000 aggregate principal amount of its 3.000% Notes due 2050 (the “2050 Notes” and, together with the 2031 Notes, the “Securities”). The Issuer is the parent holding company of the BAE Systems group of companies (which, together with the Issuer, are referred to herein as “BAE Systems”). The 2031 Notes and the 2050 Notes will mature on February 15, 2031 and September 15, 2050, respectively (in each case, the “Stated Maturity Date” of the respective series of Securities), and upon surrender will be repaid in an amount equal to the principal amount thereof together with accrued and unpaid interest thereon. Interest on the Securities will be payable semi-annually in arrears on February 15 and August 15 of each year (in the case of the 2031 Notes), commencing on February 15, 2021 and on March 15 and September 15 of each year (in the case of the 2050 Notes), commencing on March 15, 2021. The Securities will be redeemable at any time at the option of the Issuer at a redemption price calculated as set forth under “Description of Securities—Optional Redemption.” The Securities will be direct, unsecured and unsubordinated obligations of the Issuer and will rank pari passu with all other direct, unsecured and unsubordinated obligations (except those obligations preferred by statute or operation of law) of the Issuer. -
Annual Report FORWARD-LOOKING STATEMENTS
2019 Annual Report FORWARD-LOOKING STATEMENTS Some of the information we provide in this document is forward-looking and therefore INSIDE FRONT COVER could change over time to reflect changes in the environment in which GE competes. For details on the uncertainties that may cause our actual results to be materially different Wysheka Austin, Senior Operations than those expressed in our forward-looking statements, see https://www.ge.com/ Manager, works on a combustion unibody investor-relations/important-forward-looking-statement-information. for GE Gas Power’s 7HA gas turbine in Greenville, South Carolina. We do not undertake to update our forward-looking statements. NON-GAAP FINANCIAL MEASURES COVER We sometimes use information derived from consolidated financial data but not presented Kevin Jones, a Development Assembly in our financial statements prepared in accordance with U.S. generally accepted accounting Mechanic, performs a perfection review on principles (GAAP). Certain of these data are considered “non-GAAP financial measures” the propulsor for GE Aviation’s GE9X engine under the U.S. Securities and Exchange Commission rules. These non-GAAP financial before it is shipped for certification testing. measures supplement our GAAP disclosures and should not be considered an alternative to the GAAP measure. The reasons we use these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial measures can be found on pages 43-49 of the Management’s Discussion and Analysis within our Form 10-K and in GE’s fourth-quarter 2019 earnings materials posted to ge.com/investor, as applicable. Dear fellow shareholder, Over 60 GE wind turbines work together at Meikle Wind Farm, the largest wind farm in Western Canada, to generate enough energy to power over 54,000 homes in British Columbia. -
2016 Annual Report Table of Contents
Association of the United States Army 2016 ANNUAL REPORT TABLE OF CONTENTS Letter from the President & CEO . 3. Education . 4. Professional Development . .4 . Publications . 7. Digital & Social Media . 10. Advocacy & Outreach . .11 . Government Affairs. 11 Family Readiness . .14 . NCO & Soldier Programs . 15. Membership & Chapters. 16 Financials . .18 . Awards . 19 Sustaining Members . 21. 2 LETTER FROM THE PRESIDENT & CEO In 2016 we experienced a year full of change—for our nation, for the Army and for the Association of the United States Army (AUSA). During what can only be described as a tumultuous political year, our nation experienced a presidential campaign unlike any other I can recall. National security factored promi- nently in the campaign, particularly in several of the debates. AUSA, true to our non-par- tisan tradition, provided a platform for the advancement of a strong defense based on our uniquely American values. “America’s Purpose,” a short, but impactful, document published by AUSA, offered thoughts of how the next president, irrespective of party, might craft an effective foreign policy. This initiative, led by GEN Gordon Sullivan, U.S. Army Retired, LTG Guy Swan, U.S. Army Retired, LTC Douglas Merritt and Richard Lim, presented GEN Carter F. Ham, U.S. Army “America’s Purpose” to the most senior advisors to both leading presidential candidates. Retired, President & CEO, AUSA You’ll find “America’s Purpose” in the Publications section of our website and I encourage you to read it. For us at the AUSA National Office, the biggest change was the retirement of General Sullivan after more than 18 years as president & chief executive officer. -
Future Carrier and Joint Combat Aircraft Programmes
House of Commons Defence Committee Future Carrier and Joint Combat Aircraft Programmes Second Report of Session 2005–06 Report, together with formal minutes, oral and written evidence Ordered by The House of Commons to be printed 13 December 2005 HC 554 Published on 21 December 2005 by authority of the House of Commons London: The Stationery Office Limited £15.50 The Defence Committee The Defence Committee is appointed by the House of Commons to examine the expenditure, administration, and policy of the Ministry of Defence and its associated public bodies. Current membership Rt Hon James Arbuthnot MP (Conservative, North East Hampshire) (Chairman) Mr David S Borrow MP (Labour, South Ribble) Mr Colin Breed MP (Liberal Democrat, South East Cornwall) Derek Conway MP (Conservative, Old Bexley and Sidcup) Mr David Crausby MP (Labour, Bolton North East) Linda Gilroy MP (Labour, Plymouth Sutton) Mr David Hamilton MP (Labour, Midlothian) Mr Mike Hancock MP (Liberal Democrat, Portsmouth South) Mr Dai Havard MP (Labour, Merthyr Tydfil and Rhymney) Mr Brian Jenkins MP (Labour, Tamworth) Mr Kevan Jones MP (Labour, Durham North) Robert Key MP (Conservative, Salisbury) John Smith MP (Labour, Vale of Glamorgan) Mr Desmond Swayne MP (Conservative, New Forest West) Powers The committee is one of the departmental select committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No 152. These are available on the Internet via www.parliament.uk. Publications The Reports and evidence of the Committee are published by The Stationery Office by Order of the House. All publications of the Committee (including press notices) are on the Internet at: www.parliament.uk/parliamentary_committees/defence_committee.cfm A list of Reports of the Committee in the Present Parliament is at the back of this volume. -
English Electric Factory Makes Switch Gear and Fuse Gear, and Domestic Appli.Ances Such As {Ridges and Washing Machi.Nes
uorlrpf puz sburllrqS o^ I LL 'oN sarras lalqdrued lorluoc ,sra4JoAA Jol olnlllsul I I I l I I I I I t : -l .l ..i\l { l- Auedur cl,l ll lelouaD 3 3-33 3 Contents Page 2 1. Prelace to 2nd Edition 6 2. Foreward to 1st Editon ,l 3. Background to the OccuPation ID 4. The Facts about GEC-AEI-EE 21 5. The Role of the Government' 23 6. The Roie of the Unions. Policy for the Labour 7. The Alternative 24 Movement' 27 L New Politics, new Trade Unionism' INSTITUTE FOR WORKERS' CONTROL 45 Gambte Street Forest Road West Nottingham NG7 4ET Tel: (0602) 74504 2nd Edition 24 SePtember 1 969 1 sr Edition 1 2.SePtember 1 969 PREFACE TO SECOND EDITION So the Liverpool factory occupations are not, for the present at any rate, going to take place. Of course, there i.s widespread disappointrnent about the news that broke on September 17/1Bth just before the proposed occuparlon was due to take p1ace. The shop stewards of the GECAction Committee, with thei.r staunch allies on the District Commi_ ttee and in the 1ocal offices of the unj.ons concerned., have, in the courageous struggle, won deep admiration all over the country. From the terrific mail which has come to the offices of the Instifute Jor WorkersrControl, we can say without doubt that_sympathy for the proposed action extended throughout the whole country, and into every major industry and trade union. A body like the lnstitute, which exists to co-ordinate research and inlormation services, cannot, of course, offer any sensible advice about how particular actions should be undertaken. -
European Defence Matters
European 2016 Issue 11 A magazine of Defence Matters EU Global Strategy – What’s next for defence? Interview: Stéphane Mayer Focus on energy Interview: Jens Stoltenberg NEXTER CEO / KNDS co-CEO management in defence NATO Secretary General CHOOSE SAMP/T, THE UNIQUE EUROPEAN EXTENDED AIR DEFENSE SYSTEM www.eurosam.com CONTENTS Contents Publishing Director Eric Platteau In the spotlight Editor-in-Chief Welcome Helmut Brüls 4 Publishing Director Eric Platteau and 22 “We took the NATO-EU cooperation to a new level” Editorial Editor-In-Chief Helmut Brüls introduce this edition NATO Secretary General Jens Stoltenberg talks to Elisabeth Schoeffmann of European Defence Matters European Defence Matters about the recent Design Warsaw Summit, the EU Global Strategy and the Simon Smith Associates European Defence News future EU-NATO relationship Printing Drukkerij Hendrix NV 5 Industry wants research to be “top priority” of Kiezel Kleine-Brogel 55, B-3990 Peer Defence Action Plan Opinion Belgium Circular Economy matters Multinational Multi-Role Tanker Transport Fleet 26 This document is published by the EDA in the Jyrki Katainen, European Commission Vice- interests of exchange of information (MMF) takes shape President for Jobs, Growth, Investment and Front cover image; © European Union 2014 - European Parliament. Other images; EDA, Competitiveness, shares his analysis about the Shutterstock, Thinkstock Cover Story: importance of the ‘circular economy’ concept Contacts EU Global Strategy (EUGS): 28 Why European defence research is vital Jorge Domecq,