BAE Systems Plc Company Profile
BAE Systems Plc
- Key Management
Mr.Charles Nicolas Woodburn(CEO)
BAE Systems Plc offers a broad range of products and services for air, land, and navy forces, advanced electronics, security, and information technology solutions. It includes electronic warfare, electro-optical sensors, military and commercial digital engines, and flight controls. Next-generation military communication and data links, precision guidance and seeker solution, next-generation military communication systems, and information links.
Persistent surveillance capabilities and a hybrid electric drive system. It includes the group’s cyber security and secure governments as well as commercial and financial cybersecurity activities. Platforms and Services are based in the US and manufacture and supply combat vehicles and weapons. It also offers services and sustainment activities like ship repair and management of government-owned ammunition facilities. It includes US programs, its businesses in Saudi Arabia and Australia, as well as its participation in the European MBDA joint venture.
Revenue (US$ Mn):
- Total revenue of US$ 20,399 Mn was generated in 2021 by BAE Systems Plc
Operating Income (US$ Mn):
- BAE Systems Plc generated an operating income of US$ 2,496 Mn in 2021.
Net Income (US$ Mn):
- BAE Systems Plc generated a net income of US$ 2,557 Mn in 2021.
Operating Margin %:
- An operating margin of 12% was generated in 2021 by BAE Systems Plc.
Gross Margin %:
- A gross margin of 13% was generated in 2021 by BAE Systems Plc.
A strong emphasis on research and development provides a competitive advantage over its peers
BAE Systems places a strong emphasis on research and development (R&D). The company is committed to delivering new products and technologies. R&D activities of the company include a variety of programs that include technological innovations as well as techniques to improve manufacturing and customer service. The company’s research efforts include autonomous, future combat air and maritime battlespace as well as cyber and advanced manufacturing. To develop new technologies, the company works with customers, medium-sized and large enterprises, industry partners, universities, and academia.
The company has several facilities that can be used to conduct R&D related to improved products and processes. Research and development (R&D), is carried out by the company on its behalf as well as for customers. The company invests heavily in many R&D activities. The company spent GBP1,500m on R&D in FY2019. This accounted for 8.2%. The company holds approximately 2,500 patents worldwide and has filed patent applications. BAE Systems’ strong R&D capabilities enable it to develop its own products, expand its product portfolio, and give its customers a competitive edge over its competitors.
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