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BAE Systems

BAE Systems

Bae Systems is a British multinational defence, security and aerospace company.

BAE Systems is a company designing, developing, and supporting defense and aerospace systems for air, land, sea, and space use that is headquartered in Arlington, Virginia and was founded in 1999.

Products
MAGMA

In December 2017, BAE Systems in conjunction with The University of Manchester held their first phase of flight trials for their experimental unmanned MAGMA aircraft. The MAGMA aircraft is an unmanned combat aerial vehicle that uses a unique blown-air systems to steer the airplane while flying instead of traditional mechanical moving controls or fins.

Two technologies unique to the MAGMA aircraft are wing circulation control and fluidic thrust vectoring. Both technologies take advantage of air flow resulting from the aircrafts engine and blown air. Wing circulation control takes air being blown from the engine and blows it over the trailing edge of the wing providing stability to the aircraft while in flight. Fluidic thrust vectoring uses blown air to deflect the aircrafts exhaust which allows the aircraft to change direction.

Funding
Grant

On March 24, 1998 BAE Systems received a grant worth $176,500 from NYSERDA.

Grant

On November 30, 2009 BAE Systems announced receiving a grant worth $42 million from the United States Army for developing laser targeting systems.

Grant

On September 10, 2010 BAE Systems announced receiving a grant worth $41.7 million from the United States Navy.

Grant

On December 20, 2013 BAE Systems announced receiving a grant worth $496,300 from NYSERDA.

Grant

On March 15, 2016 BAE Systems announced receiving a grant worth $415,000 from NYSERDA.

Acquisitions
Advanced Concepts

On February 15, 2011 BAE Systems acquired Advanced Concepts, a company offering information technology and telecommunication engineering solutions, for an undisclosed amount of money.

L-1 Identity Solutions

On February 15, 2011 BAE Systems acquired L-1 Identity Solutions, an intelligence company, for $295.8 million in cash and $7.2 million in assumed obligations. After the acquisition L-1 Identity Solutions became a subsidiary of BAE Systems.

Marine Hydraulics International

On November 15, 2012 BAE Systems acquired Marine Hydraulics International, a company operating a shipyard and waterfront facilities, for an undisclosed amount of money. The president of BAE Systems made the following statement regarding the acquisition of Marin Hydraulics International:

This acquisition is fully aligned with our business strategy to continue to grow in the maritime industry by enhancing our efficiencies and breadth of capabilities, which is consistent with our global strategy to deliver value to our customers with cost-effective solutions.
Signal Innovations Group

On October 2, 2014 BAE Systems acquired Signal Innovations Group, a company making decision systems and data types for the security industry, for an undisclosed amount of funding.

Silversky

On October 21, 2015 BAE Systems acquired Silversky, a company making could-based security solutions, for $232.5 million in cash. After the acquisition Silversky became a subsidiary of BAE Systems. The chief executive of BAE Systems, Ian King, made the following statement about the company's acquisition of Silversky:

SilverSky’s cloud-based email and network security solutions complement our existing portfolio and increase our presence in the United States, a very significant market for IT security. The enlarged business will offer customers an attractive suite of products and services to protect critical information and networks from the rapidly growing threat of digital crime.
Eclipse Electronic Systems

On December 24, 2014 BAE Systems acquired Eclipse Electronic Systems, a company making digital receiver commercial products (COTS) and signal processing components, for $28 million in cash.

IAP Research

On February 21, 2017 BAE Systems acquired IAP Research, a company developing technolgies related to electromagnetic metals, for an undisclosed amount of money. After the acquisition IAP Research became a subsidiary of BAE Systems. The acquisition was made to focus on the development of an electromagnetic railgun (EMRG). The President of Platforms & Services of BAE Systems, Erwin Bieber, made the following statement regarding the acquisition:

We look forward to leveraging our combined workforces and long-standing strategic partnership to successfully develop and produce advanced weapon systems, such as the EMRG, and pursue other business opportunities that incorporate our innovative technologies and capabilities.
Riptide Autonomous Solutions

In June 2019 BAE Systems acquired Riptide Autonomous Solutions, a company making unmanned underwater vehicles (UUAVs), for an undisclosed amount of money.

Prismatic

On September 3, 2019 BAE Systems acquired Prismatic, a small satellite and HALE UAV company, for an undisclosed amount of money. Prismatic became a subsidiary of BAE Systems after the acquisition was completed. BAE Systems acquired Prismatic to primarily further the development its UAV technology. The CTO of BAE Systems, Nigel Whitehead, made the following statement regarding the acquisition:

Working together with Prismatic, we’re pushing technological boundaries to develop a revolutionary solar powered aircraft at an incredibly rapid pace. Our investment in the company will enable us to take this technology into production, with the very real possibility that this aircraft could enter initial operations with customers within 12 months of flight trials.
Collins Aerospace

On January 20, 2020 BAE Systems acquired Collin Aerospace, a mobile communication satellite company, for $1.9 billion in cash.

Timeline

September 20, 2022
BAE Systems receives DARPA contract to advance quantum technology for military antennas
July 2017
BAE Systems raises a $457,000 grant from Solent Local Enterprise Partnership.
March 2016
BAE Systems raises a $415,000 grant.
December 2013
BAE Systems raises a $496,300 grant.
September 2010
BAE Systems raises a $41,700,000 grant from United States Navy - Officer Programs.
November 2009
BAE Systems raises a $42,000,000 grant.
March 1998
BAE Systems raises a $176,500 grant.
1997
BAE Systems was founded by Tom Arseneault.

Funding Rounds

Acquisitions

Patents

Further Resources

Title
Author
Link
Type
Date

BAE ignites unmanned interest with Magma

Craig Hoyle

Web

First MAGMA flight trials | BAE Systems | International

Andrea Kay

Web

MAGMA : BAE Systems' tech to change future of aircraft design

December 15, 2017

Synthetic training providing digital advantage

Web

December 15, 2021

News

Title
Author
Date
Publisher
Description
Alex Scroxton
August 25, 2021
ComputerWeekly.com
A new study for the #Ransomaware campaign reveals some insight into why so few victims report ransomware attacks
June 8, 2021
WebWire
Environmental charity, Keep Scotland Beautiful, and BAE Systems, whose shipyards are located at Govan and Scotstoun on the Clyde, have launched an exciting new partnership that will see the shipbuilder become a supporter of Upstream Battle®, the charity's award-winning campaign to tackle marine litter from source to sea. Since its launch in 2018 the Upstream Battle campaign, has been raising awareness, gathering evidence, and inspiring action in Glasgow and the Clyde Valley. It has succe...
MarketsandMarkets
June 2, 2021
www.prnewswire.com:443
/PRNewswire/ -- According to a research report "Directed Energy Weapons Market by Technology (High energy lasers, High-power microwave, electromagnetic weapon...
Research and Markets
May 11, 2021
www.prnewswire.com:443
/PRNewswire/ -- The "Global Tilt Rotor Aircraft Market with Regional Analysis 2021-2031: Focus on End-user, Application, Technology, Rotor Type and Country"...
Gel-Pak
May 3, 2021
www.prnewswire.com:443
/PRNewswire/ -- Gel-Pak, a division of Delphon and leading manufacturer of protective device carrier and film products for the semiconductor and...
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References

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