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RAF Centenary 100 Famous Aircraft Vol 3: Fighters and Bombers of the Cold War
RAF Centenary 100 Famous Aircraft Vol 3: Fighters and Bombers of the Cold War INCLUDING Lightning Canberra Harrier Vulcan www.keypublishing.com RARE IMAGES AND PERIOD CUTAWAYS ISSUE 38 £7.95 AA38_p1.indd 1 29/05/2018 18:15 Your favourite magazine is also available digitally. DOWNLOAD THE APP NOW FOR FREE. FREE APP In app issue £6.99 2 Months £5.99 Annual £29.99 SEARCH: Aviation Archive Read on your iPhone & iPad Android PC & Mac Blackberry kindle fi re Windows 10 SEARCH SEARCH ALSO FLYPAST AEROPLANE FREE APP AVAILABLE FOR FREE APP IN APP ISSUES £3.99 IN APP ISSUES £3.99 DOWNLOAD How it Works. Simply download the Aviation Archive app. Once you have the app, you will be able to download new or back issues for less than newsstand price! Don’t forget to register for your Pocketmags account. This will protect your purchase in the event of a damaged or lost device. It will also allow you to view your purchases on multiple platforms. PC, Mac & iTunes Windows 10 Available on PC, Mac, Blackberry, Windows 10 and kindle fire from Requirements for app: registered iTunes account on Apple iPhone,iPad or iPod Touch. Internet connection required for initial download. Published by Key Publishing Ltd. The entire contents of these titles are © copyright 2018. All rights reserved. App prices subject to change. 321/18 INTRODUCTION 3 RAF Centenary 100 Famous Aircraft Vol 3: Fighters and Bombers of the Cold War cramble! Scramble! The aircraft may change, but the ethos keeping world peace. The threat from the East never entirely dissipated remains the same. -
The Case of GEC/Marconi
The Effect of Corporate Restructuring on the Shareholders’ Value: The Case of GEC/Marconi Magdy Abdel-Kader1* and Vagia Mentzeniot2 1 Brunel Business School. Brunel University. Uxbridge. Middlesex UB8 3PH. UK * Corresponding author: Tel: +44 (0)1895 266739. Fax: +44 (0)1895 269775. Email: [email protected] 2 Finance Division, Piraeus Bank Group, Headquarters, Stadiou & Amerikis 4, Athens, 10557, Greece Abstract GEC/Marconi’s transformation from a diversified conglomerate to a focused telecommunications and information technology company was an eventful and rambling transmission that resulted in the deterioration of shareholders’ value. It represents one of the most dramatic falls from grace in British corporate history and one of the greatest corporate governance fiascos of all time. The study investigates the wealth effects of Marconi’s sell-offs and acquisitions on its shareholders’ value by calculating the abnormal returns on the announcement days of all the disposals/acquisition during 1996-2002. The results support the view that shareholders’ value increases when a company proceeds to corporate sell-offs to pursue a focus strategy. However, the authors conjecture that GEC/Marconi has destroyed shareholders’ value through these disposals/acquisitions because of several mistakes, such as being prone to heavy debt. © 2007 World Research Organization. All rights reserved Keywords: Marconi, GEC, Restructuring, Disposals, Acquisitions, Divestiture Citation: Abdel-Kader, M. & Metzeniot, V. (2007). The effect of corporate restructuring on the stakeholder’s value: the case of GEC/Marconi. World Journal of Business Management. 1(1) 28-46 Introduction acquired firms rather than acquiring firms. A study by Berger and Ofek (1995) showed that diversification Diversification in the 1950’s and 1960’s gave rise to destroys value. -
Marconi Wireless Telegraph Company of America (Assets Acquired by RCA in 1920) Marconi International Marine Communication Co
1/24/2019 Marconi Company - Wikipedia Marconi Company The Marconi Company was a British telecommunications and engineering Marconi Company Ltd company that did business under that name from 1963 to 1987. It was derived from earlier variations in the name and incorporation, spanning a period from Former type Private company its inception in 1897 until 2006, during which time it underwent numerous Industry Telecommunications changes, mergers and acquisitions. The company was founded by the Italian Fate Acquired by GEC inventor Guglielmo Marconi and began as the Wireless Telegraph & (1968) Signal Company. The company was a pioneer of wireless long distance Renamed to GEC- communication and mass media broadcasting, eventually becoming one of the Marconi Ltd UK's most successful manufacturing companies. In 1999, its defence (1987) manufacturing division, Marconi Electronic Systems, merged with British Predecessor Wireless Telegraph Aerospace to form BAE Systems. In 2006, extreme financial difficulties led to & Signal Company the collapse of the remaining company, with the bulk of the business acquired (1897–1900) by the Swedish telecommunications company, Ericsson. Marconi's Wireless Telegraph Company (1900–1963) Successor CMC Electronics Contents (1903–present) GEC-Marconi Ltd History Naming history (1987–1998) Early history BAE Systems Operations as English Electric subsidiary (1999 to present) Expansion in Canada Marconi plc Expansion as GEC subsidiary (1999–2003) Marconi Corporation Marconi name today plc See also (2003–2006) References -
The Bloodhound Guided Missile and the Hawker Harrier “Jump Jet”
The University of Manchester Research Practice in Communities: how engineers create solutions the Bloodhound Guided Missile and the Hawker Harrier “jump jet”. Link to publication record in Manchester Research Explorer Citation for published version (APA): Aylen, J., & Pryce, M. (2011). Practice in Communities: how engineers create solutions the Bloodhound Guided Missile and the Hawker Harrier “jump jet”. In host publication Published in: host publication Citing this paper Please note that where the full-text provided on Manchester Research Explorer is the Author Accepted Manuscript or Proof version this may differ from the final Published version. If citing, it is advised that you check and use the publisher's definitive version. General rights Copyright and moral rights for the publications made accessible in the Research Explorer are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. Takedown policy If you believe that this document breaches copyright please refer to the University of Manchester’s Takedown Procedures [http://man.ac.uk/04Y6Bo] or contact [email protected] providing relevant details, so we can investigate your claim. Download date:29. Sep. 2021 Draft for joint Herbert Simon Institute/Manchester Institute of Innovation Research Seminar, 1st April 2011 Practice in Communities: how engineers create solutions ‐ the Bloodhound Guided Missile and the Hawker Harrier “jump jet”. Jonathan Aylen* and Mike Pryce* Manchester Institute of Innovation Research Manchester Business School University of Manchester “Every aeroplane is different ‐ a self‐optimising shambles” Ralph Hooper, Harrier project designer Aerospace engineers face the task of developing a project from overall design concept through to working prototype and on into sustained use. -
Dassault Falcon 5X Partners Press Release
Dassault Falcon 5X Partners B/E Aerospace Vacuum toilets Corse Composite Body Fairing Upper T34 & Front Lower T34 , Baggage access Door, Daher Socata Emergency Exit Door Eaton Aerospace Hydraulic System Elbit Head Up Display & EVS Ferranti Permanent Magnetic Alternator Converter ou PMAC FOKKER Vertical Fin & Horizontal Stabilizer GKN Aerospace Wing movable surfaces Heroux Devtek Landing Gear System Honeywell Aerospace Avionics Latélec Wiring Liebherr Aerospace Air Conditioning Meggitt Aircraft Braking Systems (MABS) Wheels, Brakes, Braking System Meggitt Aerospace / Securaplane Batteries Michelin Tires Nordam Cabin Windows POTEZ Passenger Door PPG Cockpit Windows SABCA Aft Lower T34 Safran / Labinal Wiring Safran / SAGEM Flaps Control Safran / SNECMA Engines, IPPS SICMA Pilot and third crew member Seats Thalès Avionics Electrical Systems Starter-Generator System Transdigm / Adams-Rite Aerospace Water System Transdigm / Avionics Instruments Cabin converter UTC / Pratt & Whitney AeroPower APU Air Data System, Fire Protection, Engine Throttle, RAT ou UTC / UTAS Ram Air Turbine Woodward Pedals Fuel Gaujing System and fuel distribution Equipment, Electrical Distribution, OCP ou Overhead Control Panel, Zodiac Aerospace Windshield de-icing convertor, Oxygen, Chemical Toilets, Multi Purpose maintenance computer. Dassault Aviation - 78, quai Marcel Dassault - 92552 Saint-Cloud Cedex 300 - France - Tel: +33 1 47 11 40 00 - Fax: +33 1 47 11 87 40 Dassault Falcon Jet Corp. - Teterboro Airport - Box 2000 - South Hackensack, NJ 07606 - USA - Tel: +1 201 440 6700 - Fax: +1204 541 46 19 1 Dassault Falcon 5X Partners Press Release Company Page B/E Aerospace …………………………………………………………………………………… 3-4 Daher Socata ……………………………………………………………………………………… 5 Eaton Aerospace ………………………………………………………………………………. 6-7 FOKKER ……………………………………………………………………………………………… 8 GKN Aerospace ………………………………………………………………………………….. 9 Liebherr Aerospace ……………………………………………………………………………. 10-11 Meggitt Aircraft Braking Systems (MABS) …………………………………………. -
The Defence Industry in the 21St Century
The Defence Industry in the 21st Century “With nine countries (and their collective industrial prowess) involved in its development, the F-35 repre- sents a new model of inter- national cooperation, ensuring affordable U.S. and coalition partner security well into the 21st century” – Sources: Photograph by US Department of Defense, Quote by Lockheed Martin Corporation Thinking Global … or thinking American? “With nine countries (and their collective industrial prowess) involved in its development, the F-35 represents a new model of international cooperation, ensuring affordable U.S. and coalition partner security well into the 21st century” – Sources: Photograph by US Department of Defense, Quote by Lockheed Martin Corporation Welcome The purpose of this paper is to provoke a debate. To stimulate further the dialogue we enjoy with our clients around the world. As the world’s largest professional services firm, PricewaterhouseCoopers works with clients in every segment of the defence industry – from the Americas to the whole of Europe; from the Middle East and Africa to Asia and the Pacific Rim. On many occasions, our discussions focus on the technical issues in which we are pre-eminently well-qualified to advise. Here, however, we seek to debate the issues that affect your industry. To review the factors that shaped today’s environment, to assess the implications for contractors and to look at the factors that might shape the future. Our views are set out in the following pages. We have debated some of these issues with some of our clients already but the time is right for a broader discus- sion. -
Radar & EW in The
Radar & EW in the RAF Professor Steve Roberts VP Strategy, Airborne & Space Systems Division Visiting Professor in EW Systems Cranfield University & UK Defence Academy Introduction Electro-Magnetic Operations : • Determine enemy use of Electromagnetic Spectrum • Degrade or prevent enemy use of Electromagnetic Spectrum • Maintain friendly ability to use Electromagnetic Spectrum Alphabet Soup: • EC, EW, IW, NAVWAR, Cyber • AI, AESA, RDF, Radar • ESM, RCM, ECM, ECCM, EPM, ELINT, COMINT, SIGINT ES, ED, EA are the new terms • Electronic Surveillance : Collecting information from the electromagnetic spectrum to understand the opponent’s capabilities and actions: • Electronic Defence : Protecting friendly forces from threats that use the electromagnetic spectrum by providing warning of activity and taking action to degrade or prevent an attack • Electronic Attack : Deliberate actions to attack opponents through the electromagnetic spectrum in order to degrade or destroy their capability Marconi and Ferranti were involved from the beginning – both now Selex ES The Electromagnetic Spectrum 1914-18 “Y” Stations in World War 1 “Y” Stations in UK and France networked by telephone and telegraph to Whitehall Marconi “C” Valve Enabled high sensitivity receiver Marconi Bellini-Tosi DF Receiver 1935 – Watson Watt experiments These experiments were of a bistatic radar configuration Daventry – BBC Radio Chain Home Chain Home RF: 20-50MHz PRF: 25Hz PW: 20µs Battle of Britain (1940) and The Blitz (1940-41) Radio Countermeasures 1939-45 Support to the British -
Martin Hopkinson
M a r t i n H o p k i n s o n address: 29 Keats Close, Winchester, S022 4HR telephone: 01962 864 249 e-mail: [email protected] Professional profile A successful project and risk management professional with in-depth experience gained from working with a wide range of organisations in both defence and non-defence industries. Has made major contributions to both the projects in which he has worked and to the development of their owning organisation’s project management processes. Objective To deliver exceptional value to clients with major projects as Director and lead consultant for Risk Management Capability ltd. Key technical skills Project Management Risk Management Risk Tools Risk management Qualitative techniques Active Risk Manager Project planning Schedule risk analysis Predict 4. Earned Value management Cost risk analysis Pertmaster Project sponsorship NPV risk analysis @RISK for Excel Project governance Decision analysis Risk Maturity Model Career summary 1999–2011 HVR Consulting Services and QinetiQ (after its acquisition of HVR) Won the Project Risk Maturity Model (RMM) contract first placed by the Defence Procurement Agency (DPA) in 2002 and continued until the formation of Defence Equipment & Support (DE&S) in 2008. This contract resulted in the RMM being used to assess projects with a combined value exceeding £60 billion and enabled the UK Ministry of Defence (MoD) to gain appropriate assurance in its risk-based project forecasts used for Main Gate approval. Developed the guidance, risk tool and reporting formats for QinetiQ’s project risk management process rolled out as part of the company’s Fit for Growth programme. -
Company Histories
British companies delivering digital computers in the period 1950 – 1965. Elliott Brothers (London) Ltd. and Elliott-Automation. The Elliott Instrument Company was founded in 1804. By the 1870s, telegraph equipment and electrical equipment were added to the company’s products. Naval instrumentation became an area of increasing importance from about 1900, the company working with the Admiralty to develop Fire Control (ie gunnery control) electro-mechanical analogue computers. Elliott Brothers (London) Ltd. provided fire-control equipment to the Royal Navy from 1908 until shortly after the end of the Second World War. By 1946 the company’s main factory at Lewisham in south London had become a technological backwater. Although still skilled in manufacturing electro-mechanical equipment and precision electrical instrumentation, it had been bypassed by the huge war- time flow of government contracts for radar and allied electronic equipment. Compared with firms such as Ferranti Ltd., there was practically no electronic activity at Elliott’s Lewisham factory. The company actually traded at a loss between 1946 and 1951. Somewhat surprisingly, fresh discussions between the Admiralty and Elliott Brothers (London) Ltd. started in 1946, with the objective of persuading the company to host a new research team whose prime objective was to work on an advanced digital electronic Fire Control system and target-tracking radar. The Admiralty leased to the company a redundant factory at Borehamwood in Hertfordshire. This became known as Elliott’s Borehamwood Research Laboratory. It was at Borehamwood that a team of specially- recruited young scientists and engineers designed and built several secret digital computers for various classified projects. -
Records of the British Aviation Industry in the Raf Museum: a Brief Guide
RECORDS OF THE BRITISH AVIATION INDUSTRY IN THE RAF MUSEUM: A BRIEF GUIDE Contents Introduction 2 Section 1: Background to the collection 2 Arrangement of this Guide 3 Access to the records 3 Glossary of terms 4 The British aircraft industry: an overview 3 Section 2: Company histories and description of records 6 Appendix The British Aircraft Industry: a bibliography 42 1 Introduction The RAF Museum holds what is probably Britain's most comprehensive collection of records relating to companies involved in the manufacture of airframes (i.e. aircraft less their engines) aero-engines, components and associated equipment. The entries in this guide are arranged by company name and include a history of each company, particularly its formation and that of subsidiaries together with mergers and take-overs. Brief details of the records, the relevant accession numbers and any limitations on access are given. Where the records have been listed this is indicated. A glossary of terms specific to the subject area is also included, together with an index. Background to the Collection The Museum's archive department began collecting records in the late 1960s and targeted a number of firms. Although many of the deposits were arranged through formal approaches by the Museum to companies, a significant number were offered by company staff: a significant example is the Supermarine archive (AC 70/4) including some 50,000 drawings, which would have been burnt had an employee not contacted the Museum. The collections seem to offer a bias towards certain types of record, notably drawings and production records, rather than financial records and board minutes. -
Aerospace, Defence, and Government Services Mergers & Acquisitions
Aerospace, Defence, and Government Services Mergers & Acquisitions - European (January 1993 - April 2020) BAE L3Harris Rolls- Airbus Hensoldt Boeing Cobham Dassault Elbit General Dynamics GE GKN Honeywell Indra Kongsberg Leonardo Lockheed Martin Meggitt Northrop Grumman Rheinmetall Saab Safran Thales Ultra Raytheon Technologies Systems Aviation Systems Sistemas Technologies Royce Electronics Airborne tactical PFW Aerospace to Aviolinx Raytheon Kopter Group Atmos Sistemas Advent Hydroid to Huntington Airport security radio business to Hutchinson Bombardier C Series airborne tactical Leonardo&Codemar businesses to Leidos Vector Launch Otis & Carrier businesses BAE Systems ALP stake [25%] radios business Int’l Ingalls Industries JV [51%] Controls & Data TCS EW business to to Shareholders IE Asia-Pacific Sistemas Services to Valsef Telemus United Raytheon MTM Robotics buyout Jet Aviation Vienna Distributed Energy GERAC test lab and PK AirFinance to Informaticos Abiertas Night Vision business Rheinmetall MAN Base2 Solutions engineering to Sopemea Technologies 2 Inventory Locator Service to L3Harris Hamble aerostructure Solutions business to TRC Military Vehicles eAircraft 2 GDI Simulation to MBDA Alestis Aerospace stake [76%] NEXEYA CAMP Systems International Night Vision Apollo and Athene to Elbit Systems Stormscope product BAE Systems UK to Belcan Collins Psibernetix ElectroMechanical Websense to Aciturri Aeronautica RBSL JV w/ business to Aernnova Medav Technologies NVH stake [19.5%] 0 RUAG Switzerland Next Generation 911 to line to TransDigm -
Ultra Electronics Holdings Plc ANNUAL REPORT & ACCOUNTS
Ultra Electronics Holdings plc ANNUAL REPORT & ACCOUNTS 2000 Ultra Electronics is a group of specialist businesses designing, manufacturing and supporting electronic and electromechanical systems, sub-systems and products for international defence and aerospace markets. The group, which employs 2,500 people in the UK and North America, focuses on high integrity sensing, control, communication and display systems with an increasing emphasis on integrated Information Technology solutions. The Group concentrates on obtaining a technological edge in niche markets, with many of its products and technologies being market leaders in their field. Financial Highlights 1 Ultra Electronics at a Glance 2 Chairman‘s Statement 3 Chief Executive‘s Operations Review 4 Financial Review 18 Board of Directors 22 Executives and Advisors 24 Directors‘ Report 25 Corporate Governance 32 Auditors’ Report 34 Consolidated Profit and Loss Account 36 Balance Sheets 37 Consolidated Cashflow Statement 38 Consolidated Statement of Total Recognised Gains and Losses 38 THE QUEEN’S AWARDS FOR ENTERPRISE 2000 Notes to Accounts 39 THE QUEEN’S AWARD HIPSS ULTRAQUIET THE QUEEN’S AWARD FOR TECHNOLOGICAL IN THE HUB, CABIN FOR ENTERPRISE 2000 Shareholder Analysis 61 ACHIEVEMENT POWER GENERATION AIRCRAFT CABIN FOR THE FOR NOISE AND FOR PROPELLER NOISE REDUCTION MAGICARD PRINTER Notice of Meeting 62 VIBRATION SYSTEMS DE-ICING SYSTEM AT OCEAN SYSTEMS highlightsFinancial Highlights 2000 1999 £m £m Growth Turnover 226.9 193.0 +18% Profit before taxation* 25.6 23.2 +10% Earnings per