Tag Archives | BAE Systems

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First foreign firm cracks US defense industry’s ‘Big 5′

The merger of Northrop Grumman and TRW in 2002 created the “Big 5″ club of US defense contractors — namely, Boeing, General Dynamics, Lockheed Martin, Northrop Grumman and Raytheon. But a foreign-owned company — BAE Systems PLC — broke into the exclusive group in 2008, displacing Raytheon, which moved to sixth. Here’s the updated chart […]

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VIDEO: BAE Systems demonstrates hostile fire indicator

BAE Systems has released new video showing their new hostile fire indicator (HFI) in action. An AK-47 is fired as a HFI-equipped MD Helicopters MD520 approaches within a few hundred yards. It’s not possible from the video to verify the results, but BAE claims the demonstration was a success.The US Army has been seeking a […]

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Lockheed predicts F-35 market worth $16 billion a year by 2015

I’m listening to a webcast by Bruce Tanner, Lockheed Martin chief financial officer, who is briefing analysts about the company’s third quarter earnings. Here’s what he just said. I think we’ve talked about, within Aeronautics having, Aeronautics getto about $20 billion a year business area by 2015. F-35 is probably $15billion-$16 billion of that – […]

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All morning, all BAE Systems, Inc.

How do you attract press coverage amidst the star (literally)-studded speaking schedule of the Air Force Association’s annual convention in Washington DC next week?You hold your press conferences a week early! All of them. I’m headed out this morning for the Rosslyn, Virginia, offices of BAE Systems, Inc. (The “, Inc.” at the end subtly […]

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F-35 vs 787, part 1: Rise, fall and recovery

Coveringmilitary aviation is a big part of my job, but it’s not the only part. I alsowrite about commercial aviation. So I’ve had a front-row seat to observe the rise,severe fall and ongoing recovery of the once-celebrated 787 production system. Relating commercialand military aircraft programs can be very tricky, but I can’t help makeconnections between […]

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Accounting alert: Overhead fee change could clobber F-35′s finances

The Lockheed Martin industry team, including major subcontractors BAE Systems and Northrop Grumman, has avoided official cost overruns for the F-35 program since a $5 billion meltdown in 2004.But Heidi Wood, a aerospace and defense industry analyst for Morgan Stanley, warns that a fundamental accounting change proposed by Lockheed during recent contract negotiations could start […]

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This press release will change your life

This press release issued yesterday may not look like much, but it announces a new project that — and I’ll word this carefully to avoid drifting into hyperbole — could forever change the world as we know it. I’ll explain: Gallium Nitride is a semiconductor material that can transform that cell phone in your pocket […]

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