OverviewSuggest Edit
BAE Systems is a global company engaged in the design, development, manufacturing, and support of defense and aerospace systems. It operates in four domains: Air, Maritime, Land, and Cybersecurity. The Air domain is engaged in the manufacture, development, upgrade, and in-service support of Typhoon combat aircraft, Hawk trainer aircraft, electronics equipment for military aircraft, unmanned air, and defense information systems, avionics equipment for commercial aircraft, and missiles and missile systems. The Maritime domain designs and manufactures submarines, warships, naval gun systems, torpedoes, radars, naval command, and combat systems, as well as provides naval ship repair and modernization, support to surface ships, and facilities management services. The Land domain engages in the design, manufacture, upgrade, and support of tracked and amphibious combat vehicles, ammunition and precision munitions, electric and hybrid electric drive systems, artillery systems, and missile launchers. The Cybersecurity domain supplies cyber, intelligence, and security capabilities to government agencies and defense-grade cyber solutions for the commercial market.
| Type | Public | |
| Founded | 1999 | |
| HQ | Farnborough, GB | Map |
| Website | baesystems.com | |
| Employee Ratings | More | |
| Overall Culture | C | More |
Key People/Management at BAE Systems
Charles Woodburn
Group Chief Executive Officer
Tom Arseneault
President, Chief Executive Officer
Brad Greve
Chief Financial Officer
Ben Hudson
Chief Technology Officer
Kimberly Kaminski
Chief Ethics Officer
Kilian Colleran
Chief Technology Officer NetReveal, General Manager Ireland
BAE Systems Office Locations
BAE Systems has offices in Farnborough, Barrow-in-Furness, Birtley, Blackburn and in 92 other locations
Farnborough, GB (HQ)
Warwick House, Farnborough Aerospace Centre, Aerospace Boulevard
Barrow-in-Furness, GB
Cumbria, LA14 1AF
Birtley, GB
George St
Blackburn, GB
1 Petter Court Mellor Brook
Bristol, GB
New Filton House Golf Course Lane Filton
Christchurch, GB
Grange Rd
BAE Systems Financials and Metrics
BAE Systems Revenue
BAE Systems's revenue was reported to be £19.52 b in FY, 2021
| GBP | |
|---|---|
Revenue (FY, 2021) | 19.5b |
Gross profit (FY, 2021) | 20.0b |
Net income (FY, 2021) | 1.9b |
EBITDA (FY, 2021) | 2.8b |
EBIT (FY, 2021) | 2.0b |
Market capitalization (18-May-2022) | 23.9b |
Closing stock price (18-May-2022) | 7.6 |
Cash (31-Dec-2021) | 2.9b |
EV | 27.3b |
BAE Systems's current market capitalization is £23.9 b.
Annual
| GBP | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Revenue | 18.3b | 19.3b | 19.5b |
Cost of goods sold | (6.4b) | (6.8b) | |
Gross profit | 12.0b | 12.7b | 20.0b |
R&D expense | (212.0m) | 28.0m | 16.0m |
Half Year
| GBP | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Revenue | 8.7b | 9.2b | 9.3b |
Gross profit | 8.7b | 9.3b | 9.7b |
R&D expense | 8.0m | (150.0m) | (12.0m) |
Annual
| GBP | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Cash | 2.6b | 2.8b | 2.9b |
Accounts Receivable | 1.4b | 1.6b | 4.8b |
Prepaid Expenses | 956.0m | 886.0m | 71.0m |
Inventories | 835.0m | 858.0m | 811.0m |
Half Year
| GBP | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Cash | 1.5b | 2.5b | 2.6b |
Accounts Receivable | 6.1b | 5.7b | 2.8b |
Prepaid Expenses | 7.0m | 5.0m | 68.0m |
Inventories | 847.0m | 951.0m | 879.0m |
Annual
| GBP | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Net Income | 1.5b | 1.4b | 1.9b |
Depreciation and Amortization | 660.0m | 675.0m | 720.0m |
Inventories | (76.0m) | 24.0m | 54.0m |
Accounts Payable | 258.0m | 122.0m | (615.0m) |
Half Year
| GBP | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Net Income | 817.0m | 559.0m | 1.1b |
Depreciation and Amortization | 330.0m | 312.0m | 337.0m |
Inventories | (70.0m) | (72.0m) | (26.0m) |
Accounts Payable | (107.0m) | (685.0m) | (285.0m) |
| GBP | H1, 2019 |
|---|---|
EV/EBITDA | 169.2 x |
EV/EBIT | 231.8 x |
EV/CFO | -892.1 x |
BAE Systems Operating Metrics
BAE Systems's Backlog was reported to be £44m in FY, 2021.
| FY, 2017 | H1, 2018 | FY, 2018 | H1, 2019 | FY, 2019 | H1, 2020 | FY, 2020 | H1, 2021 | FY, 2021 | |
|---|---|---|---|---|---|---|---|---|---|
Backlog | £41.2 b | £39.7 b | £48.4 b | £47.4 b | £45.4 b | £46.1 b | £45.2 b | £44.6 b | £44 m |
Order Intake | £20.26 b | £9.7 b | £28.28 b | £8.42 b | £18.45 b | £9.34 b | £20.92 b | £10.58 b | £21.46 m |
Advanced Precision Kill Weapon System Sold | 13 k | 25 k | 36 k | ||||||
Hybrid-Electric Propulsion Systems Sold | 8 k | 10 k | 12 k |
BAE Systems Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Bohemia Interactive Simulations | March 07, 2022 | $200 m |
| In-Space Missions | September 14, 2021 | £15 m |
| Pulse Power and Measurement Limited | March 04, 2021 | £21 m |
| Techmodal | August 19, 2020 | £38 m |
| Collins Aerospace | July 31, 2020 | £1.47 b |
| Prismatic | September 10, 2019 | |
| Riptide Autonomous Solutions | June 03, 2019 | |
| IAP Research | February 21, 2017 | |
| Eclipse Electronic Systems | December 12, 2014 | $28 m |
| Silversky | October 21, 2014 | $232.5 m |
BAE Systems Revenue Breakdown
BAE Systems revenue breakdown by business segment: 23.0% from ELECTRONIC SYSTEMS, 9.0% from CYBER & INTELLIGENCE, 17.1% from MARITIME, 17.0% from PLATFORMS & SERVICES (US), 35.4% from AIR and -1.5% from Other
BAE Systems Cybersecurity Score
BAE Systems Environment, Social & Governance (ESG) Ratings
BAE Systems Online and Social Media Presence
106.43k Twitter followers
BAE Systems has 106.43k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.8% quarter over quarter
BAE Systems's Trends
Twitter Engagement Stats for @BAESystemsplc
5.9k
Tweets
750
Following
106.4k
Followers
51
Tweets last 30 days
16.6
Avg. likes per Tweet
100%
Tweets with engagement
BAE Systems Company Culture
Overall Culture
C
66/100
CEO Rating
B-
70/100
Compensation
C
61/100
Diversity
C
63/100
BAE Systems News and Updates
May 11, 2022
BAE Systems Eyeing Expanded ACV Family Of Vehicles For Marines’ ARV, See ‘Significant Cost Savings’
BAE Systems is eyeing the Marine Corps’ Armed Reconnaissance Vehicle (ARV) effort as an opportunity to build out additional variants of its own Amphibious Combat Vehicle (ACV), with a company official telling Defense Daily that offering a common chassis.
May 11, 2022
Increased defence spending set to boost BAE Systems
BAE Systems says it is “well placed” to benefit from higher defence spending in Europe and other key markets.
The air division of the defence giant, which employs 10,000 Lancashire workers, reported 2021 as a year of increased sales, order intake and profit.
May 11, 2022
BAE Systems Australia secures $50m guided weapons export contract
BAE Systems Australia has underscored its Australian guided weapons design and manufacturing credentials by today announcing it has secured a $50 million export contract to deliver critical hardware and software sub-assemblies into the global Evolved SeaSparrow Missile (ESSM) program.
May 10, 2022
Major upgrade to Compass Call with open system architecture
BAE Systems successfully flight tested three third-party software applications on its Scalable Adaptive Bank of Electronic Resources (SABER) technology. SABER is the backbone of Compass Call, a next-generation electromagnetic attack weapon system that disrupts enemy command and control communication…
May 10, 2022
BAE Systems, Microsoft to Develop Next-Gen Defense Solutions
BAE Systems and Microsoft are collaborating to advance the use of cloud computing technology to develop next-generation solutions for naval missions and maritime defense technology.
May 10, 2022
BAE Systems sponsors Code First Girls CFGdegree to encourage greater workplace diversity
BAE Systems is partnering with Code First Girls, one of the largest providers of free coding courses for women in the UK, to sponsor its CFGdegree programme.
BAE Systems Blogs
May 19, 2022
Breaking the mould on engineering
When it comes to becoming an engineer "there's no mould to break except that which forms the basis of our own beliefs".
May 11, 2022
BAE Systems Australia secures $50m guided weapons export contract
BAE Systems Australia has underscored its Australian guided weapons design and manufacturing credentials by today announcing it has secured a $50 million export contract to deliver critical hardware and software sub-assemblies into the global Evolved SeaSparrow Missile (ESSM) program.
May 10, 2022
BAE Systems sponsors Code First Girls CFGdegree to encourage greater workplace diversity
BAE Systems is partnering with Code First Girls, one of the largest providers of free coding courses for women in the UK, to sponsor its CFGdegree programme.
May 10, 2022
Australian businesses contracted to support first batch of three Hunter frigates
Businesses around Australia will manufacture, assemble and supply thousands of valves for the first batch of three Hunter class frigates, building Australian industry capability that will support continuous naval shipbuilding for future defence projects.
May 09, 2022
BAE Systems to bring next-generation electric drive system to heavy-duty industrial vehicle market
The system provides a revolutionary design, which will help industrial vehicle original equipment manufacturers get their electric vehicles to market faster and at a lower installed cost.
May 09, 2022
Over £2 billion for next phase of Dreadnought submarine build
The Ministry of Defence has announced more than £2 billion of further funding for the Dreadnought nuclear deterrent submarines, which are under construction at BAE Systems’ shipyard in Barrow-in-Furness. The funding is to enable the third major phase of the programme, Delivery Phase 3, the most sign…
BAE Systems Frequently Asked Questions
When was BAE Systems founded?
BAE Systems was founded in 1999.
Who are BAE Systems key executives?
BAE Systems's key executives are Charles Woodburn, Tom Arseneault and Brad Greve.
How many employees does BAE Systems have?
BAE Systems has 90,500 employees.
What is BAE Systems revenue?
Latest BAE Systems annual revenue is £19.5 b.
What is BAE Systems revenue per employee?
Latest BAE Systems revenue per employee is £215.7 k.
Who are BAE Systems competitors?
Competitors of BAE Systems include Huntington Ingalls Industries, L3Harris Technologies and CASIC.
Where is BAE Systems headquarters?
BAE Systems headquarters is located at Warwick House, Farnborough Aerospace Centre, Aerospace Boulevard, Farnborough.
Where are BAE Systems offices?
BAE Systems has offices in Farnborough, Barrow-in-Furness, Birtley, Blackburn and in 92 other locations.
How many offices does BAE Systems have?
BAE Systems has 101 offices.
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