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.
TypePublic
Founded1999
HQFarnborough, GB
Websitebaesystems.com
Employee Ratings3.9
Overall CultureC

Latest Updates

Employees (est.) (Dec 2021)90,500(+2%)
Job Openings2,596
Revenue (FY, 2021)£19.5 B(+2%)
Share Price (May 2022)£7.7
Cybersecurity ratingBMore
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Key People/Management at BAE Systems

Charles Woodburn

Charles Woodburn

Group Chief Executive Officer
Tom Arseneault

Tom Arseneault

President, Chief Executive Officer
Brad Greve

Brad Greve

Chief Financial Officer
Ben Hudson

Ben Hudson

Chief Technology Officer
Kimberly Kaminski

Kimberly Kaminski

Chief Ethics Officer
Kilian Colleran

Kilian Colleran

Chief Technology Officer NetReveal, General Manager Ireland
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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
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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 (24-May-2022)

23.7b

Closing stock price (24-May-2022)

7.7

Cash (31-Dec-2021)

2.9b

EV

27.1b
BAE Systems's current market capitalization is £23.7 b.
Annual
GBPFY, 2019FY, 2020FY, 2021

Revenue

18.3b19.3b19.5b

Cost of goods sold

(6.4b)(6.8b)

Gross profit

12.0b12.7b20.0b

R&D expense

(212.0m)28.0m16.0m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

8.7b9.2b9.3b

Gross profit

8.7b9.3b9.7b

R&D expense

8.0m(150.0m)(12.0m)
Annual
GBPFY, 2019FY, 2020FY, 2021

Cash

2.6b2.8b2.9b

Accounts Receivable

1.4b1.6b4.8b

Prepaid Expenses

956.0m886.0m71.0m

Inventories

835.0m858.0m811.0m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Cash

1.5b2.5b2.6b

Accounts Receivable

6.1b5.7b2.8b

Prepaid Expenses

7.0m5.0m68.0m

Inventories

847.0m951.0m879.0m
Annual
GBPFY, 2019FY, 2020FY, 2021

Net Income

1.5b1.4b1.9b

Depreciation and Amortization

660.0m675.0m720.0m

Inventories

(76.0m)24.0m54.0m

Accounts Payable

258.0m122.0m(615.0m)
Half Year
GBPH1, 2019H1, 2020H1, 2021

Net Income

817.0m559.0m1.1b

Depreciation and Amortization

330.0m312.0m337.0m

Inventories

(70.0m)(72.0m)(26.0m)

Accounts Payable

(107.0m)(685.0m)(285.0m)
GBPH1, 2019

EV/EBITDA

169.2 x

EV/EBIT

231.8 x

EV/CFO

-892.1 x
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BAE Systems Operating Metrics

BAE Systems's Backlog was reported to be £44m in FY, 2021.
FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020H1, 2021FY, 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 k25 k36 k

Hybrid-Electric Propulsion Systems Sold

8 k10 k12 k
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BAE Systems Acquisitions / Subsidiaries

Company NameDateDeal Size
Bohemia Interactive SimulationsMarch 07, 2022$200 m
In-Space MissionsSeptember 14, 2021£15 m
Pulse Power and Measurement LimitedMarch 04, 2021£21 m
TechmodalAugust 19, 2020£38 m
Collins AerospaceJuly 31, 2020£1.47 b
PrismaticSeptember 10, 2019
Riptide Autonomous SolutionsJune 03, 2019
IAP ResearchFebruary 21, 2017
Eclipse Electronic SystemsDecember 12, 2014$28 m
SilverskyOctober 21, 2014$232.5 m
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BAE Systems Revenue Breakdown

Embed Graph

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

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BAE Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

BAE Systems Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

BAE Systems Online and Social Media Presence

Embed Graph

BAE Systems Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    B-

    70/100

  • Compensation

    C

    61/100

  • Diversity

    C

    63/100

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BAE Systems News and Updates

The first four CV90 Combat Support Vehicles were delivered to the Norwegian Armed Forces during a ceremony hosted by local industry partner Ritek AS in Levanger, Norway.

The first four CV90 Combat Support Vehicles were delivered to the Norwegian Armed Forces during a ceremony hosted by local industry partner Ritek AS in Levanger, Norway. The Norwegian CV90 fleet is fully digitalized, and among the most advanced combat vehicles in the world.

BAE Systems honors Stamping Technologies Inc. with a Silver Tier Supplier Award

LACONIA — Stamping Technologies, Inc. has received a Silver Tier Award for exceptional performance and contributions to supply chain success for BAE Systems, Inc.'s Electronic Systems sector. Stamping Technologies, Inc. was honored at a virtual ceremony and was selected from the pool of suppliers th…

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.

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.

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.

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…
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BAE Systems Blogs

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".

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.

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.

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.

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.

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…
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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.