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2025-01-20
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Quick Links Company overview and brief history A company born from mergers Current products include aircraft, ships, and other weapons systems Impressive financial performance in recent years While the vast majority of the world's largest defense contractors are located in the United States and service the world's highest-spending military and the majority of its allies, there are a few defense contractors across Europe that still play a major role in global defense production. On the continent, Airbus Defense plays a major role in the arms manufacturing industry, especially when it comes to helicopters . Get all the latest aviation news from Simple Flying! The Italian defense contractor Leonardo also plays an important role , even providing some services to the United States Armed Forces. In the United Kingdom, the defense industry was extensively fractured following WWII, with many different manufacturers having thrived during the wartime production period. However, once the conflict was over, there was a major void in the market, with an oversupply of manufacturers and much weaker demand for military aircraft and other weapons systems with the conflict coming to an end. As a result, the British defense industry underwent an extensive period of corporate consolidation, in which several mergers and acquisitions slowly lowered the number of defense contractors in the United Kingdom. Electronic warfare drones will be a huge asset on the modern battlefield. Today, BAE Systems is Britain's largest and most important defense contractor While some contractors attempted to either enter the commercial manufacturing space or market their products abroad, the majority failed to achieve the level of financial stability needed to continue independent operations. As a result, further consolidation continued until the twenty-first century, where only one true dominant player remains in the United Kingdom's defense manufacturing industry. Formed from the merger of multiple different manufacturers over the years, today's BAE Systems is one of the largest arms manufacturers worldwide. Let's take a deeper look at this massive company, the products it sells on the market today and examine its continued financial success. Company overview and brief history According to an analysis from Defense News , BAE Systems is the seventh-largest defense contractor in the world today, and its importance in the European market is only continuing to grow. The following table demonstrates the ten largest defense contractors worldwide, according to their revenues from 2023. Defense contractor: Country of origin: 2023 revenue (billion, USD): Lockheed Martin United States $64.6 Aviation Industry Corporation of China China $44.9 RTX Corporation United States $40.6 Northrop Grumman United States $35.1 General Dynamics United States $33.6 Boeing United States $32.6 BAE Systems United Kingdom $27.5 China State Shipbuilding Corporation China $21.1 China North Industries Group China $16.6 L3Harris Technologies United States $15.5 As we can immediately tell from this graphic, BAE Systems is the largest defense contractor in Europe and is one of the only ones globally that stands toe to toe in scale with the major contractors from the United States and China. The company currently employs over 90,000 people across the globe. A company born from mergers BAE Systems today is a massive multinational aerospace, defense, and cybersecurity-oriented conglomerate that remains headquartered in London. The company's primary markets for product sales unsurprisingly include the United Kingdom and multiple other European nations, but its US subsidiary, BAE Systems Inc., is a major defense contractor for the United States Armed Forces. Other major customers have historically included Saudi Arabia, Australia, Canada, India, and Japan. The company as it stands today was founded in 1999 when it entered the market following the merger of British Aerospace and Marconi Electronic Systems. The company also emerged as the successor to de Havilland, Hawker Siddeley, and Supermarine, all British aircraft manufacturers with storied heritages. The Irish flag carrier had humble beginnings. The company has expanded through acquisitions over the years, including that of US-based United Defense and Armor Holdings, and has also diverted its shares in multiple major joint ventures, including Airbus. The company later became a key partner in multiple major aircraft programs, including the F-35 Lightning II and Eurofighter Typhoon, as well as multiple different submarine and ship classes for the Royal Navy. Current products include aircraft, ships, and other weapons systems BAE Systems today specializes in the production of multiple types of next-generation military weapons systems and other equipment. Its most important product in the aerospace sector is the Eurofighter Typhoon , which it produces through a joint venture with Airbus and Leonardo, where it maintains a 33% stake. The aircraft is a major partner in the F-35 Lightning II program as well, which remains a major piece of air superiority strategy for global air forces. The organization also produces several trainer aircraft, including the popular Hawk , and it is currently developing the Tempest, a sixth-generation trainer aircraft set to enter service by 2035. The company also plays an important role in land-based weapons systems manufacturing , including Challenger 2 tanks and M777 Howitzer artillery. The company also produces widely distributed weapons like the SA80 assault rifle, according to Defense Procurement International . The company plays an important role in naval manufacturing, including the production of Astute-class submarines, Type 26 frigates, and Dreadnought-class submarines. Impressive financial performance in recent years Despite a relatively lukewarm financial performance this year, BAE Systems, a publicly traded company, has achieved fairly impressive returns in the years following the COVID-19 pandemic. Since the beginning of 2020, nearly five years ago, the company has seen stock prices rise by over 100%, with sales booming amid a period of extended global conflict.Hints from Heloise: Building a trousseau for a bridegroom, a Pet Pal and moreDonald Trump is returning to the world stage. So is his trolling

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Kate Middleton has issued a deeply personal letter as she reflected on "difficult times." The Princess of Wales took to Instagram on Saturday to share a special message with fans. "A special letter, reflecting on the importance of love, empathy and how much we need one another in the most difficult times. This will be given to each of the guests at the Together at Christmas Carol Service at Westminster Abbey and the fifteen Community Carol Services across the country, thanking those attending for all they do for others," she wrote in the caption. The picture showed the letter which will be handed out at Kate's Christmas Carol Service next Friday. Kate expressed her "heartfelt thanks" to guests in the letter. Kate Middleton 'feels a cloud has been lifted' as she returns to work after cancer struggles Meghan Markle reveals what she really thinks of Kate Middleton in rare interview "Christmas is one of my favorite times of the year," Kate wrote. "It is a time for celebration and joy, but it also gives us the opportunity to slow down and reflect on the deeper things that connect us all. It is when we stop and take ourselves away from the pressures of daily life, that we find the space to live our lives with an open heart, with love, kindness and forgiveness." She continued, "The Christmas story encourages us to consider the experiences and feelings of others. It also reflects on our own vulnerabilities and reminds us of the importance of giving and receiving empathy." Kate then said love is "the greatest gift we can receive." She continued, "Love is the light that can shine bright, even in our darkest times." It's the first time she has written to those attending the service at Westminster Abbey. Guests who will be at the event include Olympic gold medallist Sir Chris Hoy, who has terminal cancer, and actress Michelle Dockery, whose fiancé died from the illness. Fans praised Kate for her Instagram post. "Princess Catherine is the real deal a timeless class act!" one person commented. Another said, "This is so lovely! Have a wonderful run up to the Carol Service and Christmas. It’s always wonderful to see you and your family, but this year it’s extra special." A third fan gushed, "Catherine, you are truely special and we love you." Someone else added, "Have a wonderful, magical and relaxed Together at Christmas Carol Service." Kate's Together at Christmas event will take place in Westminster Abbey in London on Friday, December 6. Prince William will also be joining his wife alongside other members of the royal family. It's currently unclear if the couple's children - Prince George, Princess Charlotte and Prince Louis - will be attending. This year's event marks the fourth time the Princess has hosted Together at Christmas . The special service aims to celebrate work being done in communities throughout the UK. There will be 1,600 people invited to the event. A Kensington Palace spokesperson recently issued a statement saying the Princess of Wales wants to celebrate those supporting people in need and who have "shown that love is the greatest gift we can receive." The statement continued: "This theme takes inspiration from the Christmas story which encourages us to consider the experiences of others and the important human need of giving and receiving empathy." Click here to follow the Mirror US on Google News to stay up to date with all the latest news, sport and entertainment stories. DAILY NEWSLETTER: Sign up here to get the latest news and updates from the Mirror US straight to your inbox with our FREE newsletter.

BISMARCK – As it does every year about this time, the North Dakota Game and Fish Department is cautioning hunters to be wary of ice conditions. In some parts of the state, there are smaller waters that show the appearance of safe ice. Hunters should be cautious of walking on frozen stock ponds, sloughs, creeks and rivers. Ice can form overnight, resulting in unstable conditions. Ice thickness is not consistent, as it can vary significantly within a few inches. Hunters walking the edge of a cattail slough will not find the same ice thickness in the middle, as the edges firm up faster than farther out from shore. A few reminders: BISMARCK – North Dakota’s statewide duck and white-fronted goose seasons close Dec. 1. However, duck hunting in the High Plains Unit reopens Dec. 7 and continues through Dec. 29. In addition, the season for Canada geese closes Dec. 16 in the Eastern Zone, Dec. 21 in the Western Zone and Dec. 27 in the Missouri River Zone. Light goose hunting closes statewide Dec. 27. Archery deer, fall turkey, sharp-tailed and ruffed grouse, partridge and pheasant hunting seasons continue through Jan. 5. The season for tree squirrels closes Feb. 28.

Timothée Chalamet might be the Lisan al-Gaib for football as well. During his appearance on ESPN’s College GameDay, he proved he’s the Gen Z Troy Bolton—the guy knows about ball and theater, okay—by correctly predicting the winner of the Ohio Bobcats v. Miami Redhawks match-up earlier today. He cited Ohio quarterback Parker Navarro’s completion rate of 65% as his reasoning for betting on the underdogs to win— he was also the only person at the table who chose the Bobcats to win. With every prediction, the rest of the panel was in awe of Chalamet’s specificity in his choices, which is slightly backhanded as Chalamet was invited to the show to make predictions on game-winners. People contain multitudes; you can never forget that. Or as one X user put it: “You thought someone who at 14, waited outside a Broadway show to get Amar’e Stoudemire’s autograph, would not be prepared for a sports show??” TIMOTHÉE CHALAMET ELITE BALL KNOWLEDGE 😤 😂 @RealChalamet pic.twitter.com/Vci23UK8nx . @RealChalamet knows ball pic.twitter.com/bkgxkRm2AJ You thought someone who at 14, waited outside a Broadway show to get Amar’e Stoudemire’s autograph, would not be prepared for a sports show?? https://t.co/uurKMKQQdd pic.twitter.com/pmoryAoM54

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