Top 10 Conglomerates in United Kingdom (UK) 2015

Posted in Top Brand Lists, Total Reads: 1479

2. BAE Systems PLC

BAE Systems Plc is a British company headquartered in London.

It mainly focusses on Defence, Security and Aerospace. BAE Systems was formed in 1999 by the merger of two British Companies; Marconi Electronic Systems (MES) - Subsidiary of General Electric Company plc (GEC) and British Aerospace (BAe). It is one of the largest defence contractor. BAE Systems plc is the successor to various shipbuilding, aircraft, armaments, armoured vehicle and defence electronics companies, including A.V. Roe and Company, one of the world's first aircraft companies; The Marconi Company, the first commercial company devoted to the development and use of radio; British Aircraft Corporation, co-manufacturer of the Concorde supersonic transport; de Havilland, manufacturer of the world's first commercial jet airliner; Supermarine, manufacturer of the Spitfire; Vickers Shipbuilding and Engineering, builders of the Royal Navy's first submarines and Yarrow Shipbuilders, builders of the Royal Navy's first destroyers. It has made many acquisitions, most notably of United Defense and Armor Holdings of the United States, and also sold its shares in Astrium, AMS and Airbus and Atlas Elektronik. It plays important roles in military Aircraft production. Frontline aircrafts- Typhoon fighter and Tornado fighter bomber are BAE systems products. In May 2012, BAE Systems was awarded a £328million contract by Ministry of Defence, to design the UK's next generation nuclear-armed submarines. Major markets of BAE Systems are India, Australia, UK, US and Saudi Arabia.

Revenue: £ 16.64 Billion

Profit: £ 752 Million

Net Assets: £ 1.88 Billion

Looking for Similar Lists, Browse more Top Lists

Share this Page on: