Hey dear there are a lot meaning of BAE. BAE also stands as a term for any girlfriend or boyfriend or may be best friend or also someone you find attractive, someone you guys are talking to. It generally refers to baby.

Apart from this, this also stands for British Aerospace. Here I will discuss with you about the BAE system. Well guys actually what is a BAE? Let me discuss with you in detail about this topic here.

BAE System

Actually dear BAE systems plc is a British multinational defense, security and aerospace company. Te headquarters of this company are in London in United Kingdom. And the main thing is that it has operations all over the world. Actually readers this company is the largest defense companies in the whole world. Also it was ranked as the third largest based on applicable 2015 revenues. Its largest operations are in the United Kingdom. This also includes United states as well where BAE systems INC. subsidiary is one of the six largest suppliers to the US Department of Defense.

Thus dear in this very way this BAE system is one of the largest company in the whole world. Let me here mention some of the things through the following bulleted points. So dear just go through the following:-

• BAE is one of the largest company in the world.
• Its main market is United Kingdom. Apart from this, there is also United States.
• Other major markets include countries like Australia and Saudi Arabia. It also includes India as well.
• The Company was formed on November 30,1999 by two British Companies. The name of the companies were MES(Marconi Electronic Systems)- the defense electronics and naval shipbuilding subsidiary of the GEC(an acronym used for General Electric Company)- And British Aerospace known as BAe_ an aircraft, munitions and naval systems manufacturer.

Thus dear these some of the things about the BAE system. Let me discuss and share with you some more things but in the next section. So readers just go through the following.

About BAE system

Well guys in the previous section I have discussed with you about the BAE system and also tell you what actually this system is and what are the things happening in their world. Well let me here share with you some more things regarding this.

Look in fact BAE systems is the successor to various aircraft, shipbuilding, armoured vehicle, armaments and defense electronics companies. This includes the above mentioned Marconi Companies, which is in fact the first company devoted to the development and use of radio, A.V.Roe Company, one of the first aircraft companies; de Havilland, manufacturer of the Comet, the first commercial jet Airline in the whole world.

This also includes British Aircraft Corporation, Supermarine, Yarrow Shipbuilders, Fairfield shipbuilding and engineering company and so on.Since its information has made a lot of acquisitions, almost certainly notably of United Defense and Armor Holdings of the United States, and sold its share in Airbus, Astrium, AMS and Atlas Elektronik. The other thing regarding the BAE system is that BAE systems is involved in several major defense projects. This includes the Lockheed Martin F-35 Lightning II, the Eurofighter Typhoon, the Astute class submarine and the Queen Elizabeth class aircraft carriers. Also the BAE system is listed on the LSE. Here LSE refers to London Stock Exchange. Apart from this, it is a constituent of the FTSE 100 index.

Well dear these are some of the things about the BAE system here. Let me come on the another topic. Well the another thing is about the history of the BAE system. So dear if you want to know the history of the BAE system then just go through the upcoming next section.

History of BAE system

Well dear in the above section I  have shared a lot of things about the BAE system. Here I am going to discuss with you about the history of the very topic that is regarding the BAE system.

The first thing is that BAE  system was formed on 30 November 1999. They were British Aerospace as well as Marconi Electronic Systems who in fact founded this largest company. Thus dear as a result BAE system is the successor to many of the most popular British Aircraft, defence electronics and warship manufacturers. Predecessor companies built the Comet, the largest and the first commercial jet airliner in the world and so on.

British Aerospace in fact was a civil as well as military aircraft manufacturer, as well as a provider of military land systems. The company in fact had emerged from the huge consolidation of UK aircraft manufacturers since World War II. The other thing is that British Aerospace was formed on April 29 in the year of 1977. It was the nationalization as well as merger of the BAC( which in fact stands for British Aircraft Corporation), the Hawker Siddeley Group and Scottish Aviation who formed this. Well both British Aircraft Corporation as well as Hawker Siddeley were themselves the result of quite a few mergers and acquisitions as well.

Thus dear these are some the historical facts about the BAE system. Now let me on the another topic that is about the products.

Products

Well if you want to know about the history of the BAE system then just go through the previous section. In the previous section I have discuss about the history of BAE system. Here I will tell you about the products. So dear go though it.

About Products

• BAE system in fact have a vital role in the production of military equipment.
• In the year 2008, 95% of BAE system’ total sales were military related.
• Also this plays a very crucial role in military aircraft production.
• The front line aircraft of the RAF are Typhoon fighter as well as Tornado of the company.
• In the month of July 2006, the British Government declassified the High endurance Rapid Technology Insertion, an UAV which can navigate autonomously.
• Well the major naval projects are having Astute Class nuclear submarine, type 45 air defense destroyer and Queen Elizabeth class aircraft carrier.

This is all about the BAE system here.