DOCSLIB.ORG

Yout 1 14/3/07 15:12 Page 1

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

B BAE Systems plc A 6 Carlton Gardens E Annual Repo rt 2006 London SW1Y 5AD S y United Kingdom s t e Telephone +44 (0)1252 373232 m s p l Registered in England and Wales No. 1470151 c A n n www.baesystems.com u a l R e p o r t 2 0 Cover image: BAE Systems, 0 6 with its partners, is delivering the Type 45 anti-air warfare destroyer. The Group has responsibility for the design, development and delivery for the class. The through-life support arrangements are now under discussion, with initial packages on contract. See overleaf for an overview Shaping our business of our business today Information key Cautionary statement All statements other than statements of historical fact included in this document, including, without limitation, Cross reference those regarding the financial condition, results, operations and businesses of BAE Systems and its strategy, 67 within report plans and objectives and the markets and economies in which it operates, are forward-looking statements. Such forward-looking statements which reflect management's assumptions made on the basis of information For more information visit available to it at this time, involve known and unknown risks, uncertainties and other important factors which www.baesystems.com could cause the actual results, performance or achievements of BAE Systems or the markets and economies in which BAE Systems operates to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Nothing in this document shall be regarded as a profit forecast. BAE Systems plc and its directors accept no liability to third parties in respect of this report save as would arise under English law. In particular, section 463 Companies Act 2006 limits the liability of the directors of BAE Systems plc so that their liability is solely to BAE Systems plc. REAL PERFORMANCE. REAL ADVANTAGE. B BAE Systems plc A 6 Carlton Gardens E Annual Repo rt 2006 London SW1Y 5AD S y United Kingdom s t e Telephone +44 (0)1252 373232 m s p l Registered in England and Wales No. 1470151 c A n n www.baesystems.com u a l R e p o r t 2 0 Cover image: BAE Systems, 0 6 with its partners, is delivering the Type 45 anti-air warfare destroyer. The Group has responsibility for the design, development and delivery for the class. The through-life support arrangements are now under discussion, with initial packages on contract. See overleaf for an overview Shaping our business of our business today Information key Cautionary statement All statements other than statements of historical fact included in this document, including, without limitation, Cross reference those regarding the financial condition, results, operations and businesses of BAE Systems and its strategy, 67 within report plans and objectives and the markets and economies in which it operates, are forward-looking statements. Such forward-looking statements which reflect management's assumptions made on the basis of information For more information visit available to it at this time, involve known and unknown risks, uncertainties and other important factors which www.baesystems.com could cause the actual results, performance or achievements of BAE Systems or the markets and economies in which BAE Systems operates to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Nothing in this document shall be regarded as a profit forecast. BAE Systems plc and its directors accept no liability to third parties in respect of this report save as would arise under English law. In particular, section 463 Companies Act 2006 limits the liability of the directors of BAE Systems plc so that their liability is solely to BAE Systems plc. REAL PERFORMANCE. REAL ADVANTAGE. BAE Systems at a glance BAE Systems is the premier global defence and aerospace company delivering a full range of products and services for air, land and naval forces as well as advanced electronics, information technology solutions and customer support services. Electronics, Land & Armaments Programmes Intelligence & Support Principal Provides a variety of military Provides design, development, Comprises the Group’s air systems, communications, electronic production and through-life support naval ships and submarines activities, operations identification, navigation and guidance and upgrade of armoured combat with the UK MoD its principal customer. systems, network-centric warfare vehicles, naval guns, missile solutions and a broad range of launchers, artillery systems and support solutions, including major intelligent munitions. ship repair activities for the US Navy. Main operating locations Major markets US, Global US, UK, Sweden, South Africa UK, Global Share of 2006 Group sales (before elimination £4,007m £2,115m £2,927m of intra-group sales) 28% 15% 21% Key points – Strong demand for electronic – Benefiting from high volume of reset – Good schedule and cost adherence warfare systems and upgrade activity – Programmes transitioning from from 2006 – Key support solutions business wins – Good progress in next-generation development to production – Group-wide capabilities combine technology programmes – Hawk and Nimrod production to win FastTrack contract – Accelerated rationalisation in the orders secured – Key Federal information technology UK business – UAV technology agreements secured solutions awards – Wheeled armoured vehicle successes 14 16 18 Group – Good financial performance – Continued growth from US businesses £13,765m 88,600 – Implementation of UK Defence Industrial Sales for 2006 Number of employees, Strategy underway including share of employees of equity accounted investments Customer Solutions Integrated Systems HQ and other businesses & Support & Partnerships Provides partnered, through-life A portfolio of high-technology defence Comprises the regional aircraft asset Principal support and capability solutions to the systems businesses comprising the management and support activities, UK MoD and manages the businesses wholly-owned Integrated System head office and UK shared services operations in Saudi Arabia and Australia. Technologies and Underwater Systems activity, including research centres businesses, together with a 37.5% and property management. interest in the pan-European MBDA joint venture, a 20.5% interest in Saab of Sweden and a 50% interest in the Gripen International joint venture. Main operating locations UK/Europe, Middle East, Australia UK/Europe UK Major markets Share of 2006 Group sales £3,180m £1,748m £295m (before elimination 22% 12% 2% of intra-group sales) – Tornado ATTAC agreement signed – European portfolio restructuring – Aerostructures sale completed Key points in the UK complete – UK pension funding deficit addressed – Kingdom of Saudi Arabia – Major Insyte communication system from 2006 modernisation programme underway wins in UK – Investment in Kingdom of Saudi – MBDA programme milestones Arabia continues achieved – Australian Hawk support – Saab’s acquisition of Ericsson contract secured Microwave Systems complete 20 22 24 22781 BAE001_p1.qxd:Layout 1 14/3/07 15:12 Page 1 Contents Operating and financial review 2 Highlights, outlook and results in brief 4 Chairman’s letter 6 Chief Executive’s review 10 Strategy 12 Markets 14 Electronics, Intelligence & Support 16 Land & Armaments 18 Programmes 20 Customer Solutions & Support 22 Integrated Systems & Partnerships 24 HQ and other businesses 25 Key Performance Indicators 26 Financial review including critical accounting policies 31 Risks and uncertainties 34 Resources 35 Corporate responsibility Corporate governance 42 Board of directors 44 Corporate governance 51 Remuneration report 66 Directors’ report 68 Statement of directors’ responsibilities Financial statements 71 Independent auditors’ report 72 Consolidated financial statements 76 Notes to the Group accounts 115 Company balance sheet 116 Notes to the Company accounts 124 Five year summary Shareholder information 126 Shareholder information 127 Financial calendar 128 Glossary 129 Shareholder feedback www.baesystems.com 1 22781 BAE001_p2_3.qxd:Layout 1 14/3/07 15:12 Page 2 Operating and financial review Highlights, outlook and results in brief Highlights – Good financial performance – Continued growth from US businesses – Implementation of UK Defence Industrial Strategy underway – European business portfolio restructuring completed – UK pension funding deficit addressed – Airbus sale completed – Underlying earnings3 per share up 29.3% at 23.8p – Dividend increased 9.7% to 11.3p per share for the year Outlook Looking forward to 2007 we anticipate a further year of good growth led by our US businesses, in particular from the Land & Armaments sector, and from further progress in the Programmes business. We anticipate good operating cash flow again in 2007. 2 BAE Systems Annual Report 2006 22781 BAE001_p2_3.qxd:Layout 1 14/3/07 15:12 Page 3 outlook and Highlights Results in brief Restated6 Results from continuing operations 2006 2005 Sales1 £13,765m £12,581m EBITA2 £1,207m £909m Operating profit £1,054m £761m Underlying earnings3 per share 23.8p 18.4p Basic earnings per share4 19.9p 13.9p Order book5 £31.7bn £30.8bn Other results including discontinued operations Dividend per share 11.3p 10.3p Cash inflow from operating activities £778m £2,099m Net cash/(debt) as defined by the Group £435m £(1,277)m 1 including share of equity accounted investments 2 earnings before amortisation and impairment of intangible assets, finance costs
Recommended publications
  • 0051-As1 Iban Auditor's Report on the 2019 Financial Year Statements of N

    0051-As1 Iban Auditor's Report on the 2019 Financial Year Statements of N

    NATO UNCLASSIFIED 16 December 2020 DOCUMENT C-M(2020)0051-AS1 IBAN AUDITOR’S REPORT ON THE 2019 FINANCIAL YEAR STATEMENTS OF NAGSMO, NAHEMO, NAMMO AND NETMA ACTION SHEET On 15 December 2020, under the silence procedure, the Council noted the RPPB report attached to C-M(2020)0051, agreed its conclusions and recommendations, and agreed to the public disclosure of this report, the IBAN Auditor’s Reports, the NAGSMO, NAMMO and NETMA 2019 financial statements and the redacted NAHEMO 2019 financial statements. (Signed) Jens Stoltenberg Secretary General NOTE: This Action Sheet is part of, and shall be attached to C-M(2020)0051. NATO UNCLASSIFIED NHQD208736 NATO UNCLASSIFIED 8 December 2020 DOCUMENT C-M(2020)0051 Silence Procedure ends: 15 Dec 2020 17:30 IBAN AUDITOR’S REPORT ON THE 2019 FINANCIAL YEAR STATEMENTS OF NAGSMO, NAHEMO, NAMMO AND NETMA Note by the Secretary General 1. I attach the International Board of Auditors for NATO (IBAN) Auditor’s Report on the 2019 financial statements of the NATO Alliance Ground Surveillance Management Organisation (NAGSMO), NATO Helicopter for the 1990s Design and Development, Production and Logistics Management Organisation (NAHEMO), NATO Multi-Role Combat Aircraft Development Production and In-Service Support Management Organisation (NAMMO) and NATO EF2000 and Tornado Development, Production and Logistics Management Agency (NETMA). The IBAN Auditor’s Reports set out unqualified opinions on both the 2019 financial statements and on compliance for NAGSMO, NAMMO and NETMA and on 2019 redacted financial statements and on compliance for NAHEMO. 2. The IBAN report has been reviewed by the Resource Policy and Planning Board (RPPB) (see Annex 1).
  • SP's Naval Forces August-September 2012

    SP's Naval Forces August-September 2012

    August-September 2012 Volume 7 No. 4 `100.00 (India-Based Buyer Only) TREASURE HOUSE visit: www.spsmilitaryyearbook.com www.spsnavalforces.net 23_InhouseInside back Cover_MYBAd.indd 23 TREASUR AD.indd 1 13/01/1223/08/11 1:526:26 PM ROUNDUP PAGE 2 STOP PRESS Old Sea Dog Bids Adieu PHOTOGRAPH: DPR Admiral Nirmal Verma reflected upon the often repeated query about the dichotomy of the fact that the Indian Navy which professed blue-water aspirations was now engrossed in brown-water operations. Rear Admiral (Retd) Sushil Ramsay PAGE 4 Weapon Systems & Sensors for Modern Warships Enough is not being done by the defence establishment to get the private sector industry on board in our acquisition and development programmes. Rear Admiral (Retd) Arun Saxena PAGE 6 What’s up on Coastal Security Defence Minister A.K. Antony reviewed the progress on various steps taken to enhance coastal security. Lt General (Retd) Naresh Chand PAGE 8 Easy to Lay, Hard to Sweep The mere existence of mines poses psychological threat to practically stop maritime operations and thus deny access to a desired area at sea. Rear Admiral (Retd) Dr S. Kulshrestha PAGE 10 Protecting Blue Water Navy From Air Attacks With the development of air power, ships at sea also became lucrative targets from the air, thus, various types of cannons and guns were placed on board for air defence. Lt General (Retd) Naresh Chand PAGE 13 Militarisation of the Arctic Region There is the need to develop necessary military capability to hedge against the future military postures of potential adversaries.
  • Future Carrier and Joint Combat Aircraft Programmes

    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.
  • Bayern: Innovation & Tradition

    Bayern: Innovation & Tradition

    Die Luft- und Raumfahrtrepublik Deutschland BAYERN: INNOVATION & TRADITION Wenn Unternehmergeist auf Erfindergeist trifft Die Luft- und Raumfahrtrepublik Deutschland BAYERN: INNOVATION & TRADITION Wenn Unternehmergeist auf Erfindergeist trifft Online lesen: 4 WARUM LUFT- UND RAUMFAHRT UNS ALLE BETRIFFT Volker Thum BDLI-Hauptgeschäftsführer Es gibt Städte und Regionen, die wir sofort mit im zivilen wie auch im militärischen Bereich die Luft- und Raumfahrt in Verbindung bringen. vollständige Wertschöpfungskette in der Luft- und Hamburg, Niedersachsen, Bayern oder Hessen Raumfahrt ab, von der Forschung über die Ent- gehören sicher dazu. Doch Luft- und Raumfahrt wicklung bis zur Produktfertigung. Und jeder, der in ist allgegenwärtig. Ganz gleich, in welchem Teil einen Airbus einsteigt, betritt sächsischen Boden. der Republik wir uns befinden, überall sind Auf den folgenden Seiten möchten wir Ihnen Unternehmen und Forschungseinrichtungen zu das Land Bayern und seine Innovationen näher Hause, die an der Weltspitze stehen. In Bremen vorstellen. Mit der Publikationsreihe „Die Luft- wird Airbus beflügelt und Europas Zugang zum und Raumfahrtrepublik Deutschland“ danken Weltall gesichert. Darmstadt beheimatet das wir all jenen, die mit ihrer Arbeit unsere Branche Nervenzentrum der europäischen Raumfahrt. In und damit auch unser Land tagtäglich ein Stück Bayern bilden die Systemhersteller zusammen voranbringen - ganz gleich ob in Regierung, mit den zahlreichen Zulieferbetrieben sowohl Administration, Industrie oder Forschung. Bayern: Innovation & Tradition 5 DIE LUFT- UND RAUMFAHRTREPUBLIK DEUTSCHLAND BAYERN INNOVATION & TRADITION Luft- und Raumfahrt in Bayern genießt weltweit einen einzigartigen Ruf. Aus gutem Grund: Das süd- deutsche Bundesland hat sich als einer der führenden Hightech-Standorte in Europa etabliert. Dabei gelingt es dem Freistaat in unnachahmlicher Weise, seine lange Tradition in der Luft- und Raumfahrt als Inspiration für Innovation zu nutzen.
  • Security & Defence European

    Security & Defence European

    a 7.90 D European & Security ES & Defence 2/2018 International Security and Defence Journal COUNTRY FOCUS: MALAYSIA ISSN 1617-7983 • www.euro-sd.com • March 2018 Unmanned Maritime Systems Game Changer for EU Defence? Spain: Increasing Funds for Defence 25 member states established the ”Permanent Seven new programmes are to be scheduled Structured Cooperation“ (PESCO). for the next 15 years. Politics · Armed Forces · Procurement · Technology The backbone of every strong troop. Mercedes-Benz Defence Vehicles. When your mission is clear. When there’s no road for miles around. And when you need to give all you’ve got, your equipment needs to be the best. At times like these, we’re right by your side. Mercedes-Benz Defence Vehicles: armoured, highly capable off-road and logistics vehicles with payloads ranging from 0.5 to 110 t. Mobilising safety and efficiency: www.mercedes-benz.com/defence-vehicles Editorial The Balkans Are Losing Their Illusions At the beginning of the year, Bulgaria strategy”. If this were true, the authors took over the presidency of the European would have performed a particularly great Council. The six months in which a Mem- service by giving the term a new content. ber State exercises this honorary position, So far, it has been assumed that a strategy before passing on the baton to the next indicates how a goal should be achieved. capital city, are too short for course- However, this document offers only vague setting. Certainly, at least for a moment, hints. Instead, it lists once again what the President of the Council can put issues requirements applicants must fulfil in or- that are important to him on the agenda.
  • Eurofighter Typhoon

    Eurofighter Typhoon

    programme news and features issue 1 - 2008 eurofighter review ■ Locked on to Success ■ Qualifying Tranche 2 The Morón “Typhoon Meet” initiative was the first time that all four core programme Air Forces have collaborated in Exercise. Highlighting the scale of the deployment, the image shows all aircrew ■ First Line of Defence and ground staff involved throughout the week long operation, hosted by the Spanish Air Force. See Latest News on page 3 for more details. General Jesús Pinillos Prieto: Eurofighter Typhoon – The Answer 2 1 - 2008 eurofighter review - contents - - latest news - editorial - 1 - 2008 eurofighter review 3 Aloysius Rauen Contents CEO Eurofighter GmbH 03 Editorial Welcome note from Aloysius Rauen, Chief Executive Officer Dear Friends of Eurofighter Typhoon, 04 News Joint Flight Tests +++ Bilateral Force +++ Austrian Guests +++ Star Attraction The remarkable achievements across the 06 Aircraft from across the core programme´s Air Forces programme in 2007 were topped off in 06 Locked on to Success on the flight apron at Morón Air Base, Spain December with the full agreement of the Eurofighter Eurofighter Management Conference 2008 Salam contract and the delivery of the Management Tranche 3 proposal to NETMA. We have hit Conference 2008 07 Qualifying Tranche 2 the ground running in 2008, setting the pace Flight Test Fleet Powering Ahead for the tasks ahead of us. All activities this year are firmly focused 08 New Eurofighter, New Faces on securing the long-term future of Eurofighter Acquisition, Negotiation, Delivery Typhoon. The first Tranche 2 aircraft has flown and is now integrated into the Test and 11 NETMA Changes Evaluation programme where it will be New Face of the Customer worked hard to achieve Type Acceptance and first deliveries by Summer this year.
  • Airbus Group

    Airbus Group

    Defense & Aerospace Companies, Volume II - International Airbus Group Outlook · In March 2015, Airbus Group initiated a second divestment of its shares in Dassault Aviation · Airbus Group is riding the boom in the commercial aircraft market that has fueled a record backlog of EUR857 billion · Airbus D&S is being restructured via mergers and divestments; some 5,000 jobs will be eliminated, primarily in Europe · The company has consolidated its focus in India in hopes of winning upcoming contracts Headquarters Airbus Group SE In mid-2013, following a failed merger attempt with 4, rue du Groupe d'Or BAE Systems, EADS's ownership structure was BP 90112 drastically altered as shareholders changed a Franco- 31703 – Blagnac Cedex, France German ownership pact in favor of greater management Telephone: + 33 0 5 81 31 75 00 freedom. Under the plan, France and Germany now Website: http://www.airbus-group.com hold core stakes of 12 percent each, Spain holds 4 percent, and the rest is floated freely to investors. In 2014, the European Aeronautic Defence and Space Prior to the changes, the triumvirate of nations held over Company (EADS) rebranded itself as Airbus Group, 50 percent of the firm. As part of the changes, France after its largest operation. agreed to give up veto powers over the company's Originally, EADS was formed through Europe's post- industrial policy. Cold War consolidation efforts. At the time of its At the start of 2015, Airbus Group employed about formation in 2000, EADS comprised the activities of the 138,622 people around the world. founding partners Aerospatiale Matra SA of France, Construcciones Aeronáuticas SA (CASA) of Spain, and Note: For details on Airbus Group's major subsidiaries, DaimlerChrysler Aerospace AG (DASA) of Germany.
  • Annual Report 2018 Who We Are

    Annual Report 2018 Who We Are

    Annual Report 2018 Who we are At BAE Systems, our advanced defence technology protects people and national security, and keeps critical information and infrastructure secure. We search for new ways to provide our customers with a competitive edge across the air, maritime, Segmental land and cyber domains. 43 review We employ a skilled workforce of 85,800 people1 in more than 40 countries, and work closely with local partners to support economic development by transferring knowledge, How our skills and technology. 22 business works Further information can be found online by visiting baesystems.com 220 Shareholder information 1. Including share of equity accounted investments. Contents Strategic report Governance Financial statements Who we are Directors’ report Group accounts Our business at a glance 02 Chairman’s governance letter 72 Preparation 142 Strategic report Our key products and services 04 Directors’ duties 74 Consolidated income statement 144 Group financial highlights 06 Board governance 76 Consolidated statement Operational and strategic highlights 08 Board of directors 78 of comprehensive income 145 Chairman’s letter 10 Board information 80 Consolidated statement of changes in equity 145 Chief Executive’s review 13 Governance disclosures 81 Consolidated balance sheet 146 Group strategic framework 18 Audit Committee report 83 Consolidated cash flow statement 147 Our markets 19 Corporate Responsibility Committee report 87 Notes to the Group accounts 148 How our business works 22 Nominations Committee report 90 Our people 24
  • Zz 1374417590 Ddbr0199+(O&A

    Zz 1374417590 Ddbr0199+(O&A

    Driving global growth Message from the Chief Executive "Our strategy and investment plans are 2008 Executive Committee Top Ten Objectives working to good effect and we are developing As a leadership population, we need to lead and engage our people at all levels in our Company to: a strong competitive advantage with a broad global portfolio of businesses, based on our 1. Meet 2008 f in ancia l targets and set chall enging and rea listic 6 . Grow our U.S . business, including execution of planned longer term plans investments six Home Markets:' 2. Deve lop our partnering approach to meet our customers' capability 7. Progress delive ry of the Sa udi Industrialization Plan and further requ irements develop busin ess in the Kingdom of Saudi Arabia 3 . Ensure cont inued quality application of our ma ndated business 8. Contin ue to implement the UK Defence Ind ustrial Strategy, policies and processes inclu ding execution of our transformation and investment plans 4. Further enhance program execution through schedule and cost 9. Progress export opportunit ies fro m each of our Home Markets performance 10. Co ntinue to drive performance in Safety, Eth ics, and Diversity 5. Progress development of our security capabilities in our Home Markets Mike Turner Chief Executive High lights of 2007 2007 has been anotiler busy yea r for BAE Systems. The marllet ancl our Delivering on our global strategy 45 ships and th e first Astute submarin e. The fi rst Type 45 destroye r, shareholders expect us to delive r yet another good year of financial resu lts Du ring 2007, our strategy Il as evolved to reflect the current position HMS Daring, successfu ll y co mpleted Iler stage one sea trials, bu ilt on improvi ng program performance and good execution of our Group and plans we Il ave in our Home Marllets in Au strali a, Saucli Arabia, performing beyond expectati ons.
  • BAE Systems Selects Software from AEB to Enhance Export Controls

    BAE Systems Selects Software from AEB to Enhance Export Controls

    PRESS RELEASE BAE Systems selects software from AEB to enhance export controls June 14, 2016 - BAE Systems – one of the leading aerospace, defence, and security companies in the world – has launched a major IT transformation project in its UK Military Air & Information (MAI) division and selected software solution provider AEB as its partner to standardise and optimise global trade management systems. In 2012, the MAI division of BAE Systems at the Warton and Samlesbury sites in Lancashire, United Kingdom, kicked-off a major project to enhance its existing global trade management system and thus the efficiency of its export controls compliance. The MAI’s export operation includes shipping of complete aircraft, spare parts, repair parts, and associated technology, and the size, scope, and complexity of the business required the launch of a transformation project – Project Saturn – with a new IT system at its core. BAE Systems selected solution provider AEB to help drive forward BAE Systems’ objective of implementing a best in class export controls compliance program, including US ITAR and UK controls. Building on a successful, 10-year business partnership, BAE Systems engaged AEB to enhance its export controls IT systems by implementing the latest functionalities from AEB’s ASSIST4 Compliance & Risk Management software suite. The project is structured into three discrete phases, and the first two stages have been successfully completed. About 60 users across the BAE Systems sites in Warton, Samlesbury, and some Royal Air Force bases are already working with AEB’s software solutions. The third phase is due to go live in 2017 and will include US ITAR export control functionalities.
  • Calepin International B6 2009 Version3.Indd

    Calepin International B6 2009 Version3.Indd

    Calepin international des principales entreprises travaillant pour la défense Édition Mai 2009 DÉLÉGATION GÉNÉRALE POUR L’ARMEMENT Sommaire Sommaire .............................................................................................. p. 3 Carte des ensembles de sécurité en Europe ............................................ p. 4 Préface .................................................................................................. p. 5 Taux de change de l’Euro ....................................................................... p. 6 Fiches sociétés (pays de la LoI* + États-Unis) Sommaire sociétés pays de la LoI + États-Unis ....................................... p. 7 à 8 Fiches sociétés pays de la LoI + États-Unis ............................................. p. 9 à 112 Tableaux pays (LoI* + Etats-Unis) Sommaire tableaux pays de la LoI + États-Unis ...................................... p. 114 Allemagne............................................................................................. p. 116 Espagne ................................................................................................ p. 117 États-Unis d’Amérique ........................................................................... p. 118 France ................................................................................................... p. 119 Italie ..................................................................................................... p. 120 Royaume-Uni .......................................................................................
  • Anticipating Restructuring in the European Defense Industry

    Anticipating Restructuring in the European Defense Industry

    ANTICIPATING RESTRUCTURING IN THE EUROPEAN DEFENSE INDUSTRY A study coordinated by BIPE with contributions from: Wilke, Maack & Partners - Wmp Consult (Germany), The Centre for Defence Economics, York University (UK), Institute for Management of Innovation and Technology (Sweden) ZT Konsulting (Poland) Authors: Professor Ola Bergstrom, Mr. Frédéric Bruggeman, Mr. Jerzy Ganczewski, Professor Keith Hartley, Mr. Dominique Sellier, Dr. Elisabeth Waelbroeck-Rocha, Dr Peter Wilke, Professor Dr. Herbert Wulf The consultant takes full responsibility for the views and the opinion expressed in this report. The report does not necessarily reflects the views of the European Commission for whom it was prepared and by whom it was financed. European Defence Industry Anticipating Restructuring Table of Contents EXECUTIVE SUMMARY ....................................................................................................................................5 I. INTRODUCTION ............................................................................................................................................9 II. DEVELOPMENT DURING THE PAST DECADE AND PRESENT INDUSTRY STRUCTURE ........................................11 1. Defining the defence industry............................................................................................................................... 11 2. Structure of the EU Defence Industry: the demand side.................................................................................... 12 2.1. Budgets................................................................................................................................................................