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Aerospace

BAE Systems

Company Profile Analysis

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BAE Systems - Aerospace showcase

Year Founded & Workforce

1998-12-31

87,800 Employees

Industry

Aerospace

Services

B

BAE Systems Overview

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Founded: 1999

Workforce: ~87,800

Company Working: BAE Systems (BAE) operates in over 40 countries and employs a large skilled workforce. The company operates as a leading defense, aerospace, and security firm. It operates through five business segments, namely, platforms and services, electronic systems, air, maritime, and cyber & intelligence. Through the maritime segment, BAE offers naval vessel MRO services. The company has its offices in Australia, India, Saudi Arabia, the UK, the US, and in a number of other countries across the globe.

Strategy

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Company Snapshot

$29,043M

Revenue

87,800

Employees

1998-12-31

Founded

Farnborough, England, UK

Headquarters

SWOT Analysis

Strengths

  • Strong sales and distribution network
  • Skilled workforce
  • Large customer base
  • Significant industry experience
  • Wide Product Portfolio
  • Diversified business segments
  • Strong R&D base
  • High product innovation
  • Strong brand image
  • High R&D capabilities
  • Vast global presence
  • Strong market position in the defense industry with a diverse portfolio of products and services
  • Strong partnerships with governments and defense agencies worldwide

Weaknesses

  • High dependence on US government contracts
  • Limited offerings for counter IED market
  • High dependency on contracts from the US government
  • High dependence on contracts from the US government
  • Fluctuations in financial performance
  • Limited products offering
  • Low profit margins
  • Limited presence in the private sector
  • Highly dependent on US & UK market for revenue
  • Dependence on government contracts, making the company vulnerable to shifts in government spending and priorities
  • Exposure to geopolitical risks, including sanctions and political instability in key markets

Opportunities

  • Surge in military spending in emerging economies
  • Increasing demand for innovative products
  • Expansion in the emerging markets
  • Expanding to the emerging markets
  • Expanding to emerging markets
  • Favorable government norms
  • Focus on strategic collaborations and acquisitions
  • Expansion in untapped market
  • Growing demand for defense products and services due to geopolitical tensions and increasing defense budgets
  • Expansion into emerging markets, particularly in Asia-Pacific and the Middle East

Threats

  • Fluctuations in financial performance
  • Increasing presence of competitors such as Kongsberg Maritime and Saab AB in the North American market
  • Increasing presence of competitors such as Thales Group and Saab AB in the North American market
  • Increasing presence of competitors such as Thales Group and Lockheed Martin Corporation in the North American market
  • Intense competition
  • Stringent government regulations
  • Fluctuating foreign currency exchange rates
  • Intense competition from other major defense contractors, including Lockheed Martin and Boeing
  • Potential changes in government policies and regulations impacting defense spending and procurement decisions

Key Developments

DateApproachDevelopment
April 2020ContractBAE signed a contract with the US Navy, amounting to USD 200.3 million. Under the contract, the company will provide dry dock MRO, maintenance, and modernization services for the US Navy’s amphibious assault ship, USS Boxer (LHD 4).
January 2020ContractBAE signed a contract worth USD 175 million with the US Navy to provide modernization service for the latter’s guided-missile cruiser, USS Vicksburg (CG 69).
September 2019ContractBAE signed a contract worth USD 170.7 million with the US Navy to provide maintenance and repair services for the US Navy’s two Arleigh Burke-class (DDG 51) guided-missile destroyers.
August 2019ContractBAE signed an indefinite-delivery (ID)/indefinite-quantity contract (IQ) with the US Navy to enhance flight safety systems and maritime operations, aboard new construction aircraft carriers and large deck amphibious ships.
July 2019ContractBAE signed a contract worth USD 70.6 million with the US Navy to upgrade Mk 45-gun systems.
March 2019ContractBAE signed a contract worth USD 41.8 million with the US Navy to provide maintenance and modernization services for the US Navy’s amphibious transport dock ship, USS Anchorage (LPD 23).
February 2019ContractBAE signed a contract worth USD 114.5 million with the US Navy to provide maintenance and modernization services for the US Navy’s guided-missile destroyer, USS Bulkeley (DDG 84).
January 2019ContractBAE signed a contract worth USD 78.8 million with the US Navy to provide maintenance and modernization services for the US Navy’s USS Shoup (DDG 86), a guided-missile destroyer (DDG).
June 2018ContractBAE signed a contract worth USD 36.6 million with the US Navy to provide modernization services for the US Navy’s guided-missile destroyer, USS Cole (DDG 67).
January 2018ContractBAE signed a contract worth USD 47 million with the US Navy to provide modernization services for the US Navy’s guided-missile destroyer, USS Howard (DDG 83).
June 2019ContractBAE Systems signed a five-year indefinite-delivery/indefinite-quantity (ID/IQ) contract worth USD 90 million with the US Navy. Under the contract, the company will provide engineering and integration support for the US Navy’s C5ISR systems. The contract will enable the US Navy to experience enhanced maritime security.
February 2019ExpansionBAE Systems inaugurated its new campus in Manchester, the UK. The development of the new office will enable the company to strengthen its position in the UK defense market.
January 2019ContractBAE Systems signed a five-year contract worth USD 79.8 million with the US Navy to provide maintenance and support services for the Navy’s command, control, communications, computer, and intelligence systems.
December 2018ContractBAE Systems signed two ID/IQ contracts with the US Navy worth USD 150 million to integrate C5ISR systems on the US Navy’s naval ships.
July 2018ExpansionBAE Systems inaugurated its new office in Alabama, the US. The development of the new office enabled the company to strengthen its position in the US defense market and offer enhanced services to the US Navy and US Army.
September 2017ContractBAE Systems signed a contract worth USD 76 million with the US Navy to develop communication and electronics platforms for the Naval Warfare Center Aircraft Division (NAWCAD).
February 2019ExpansionBAE Systems inaugurated its new campus in Manchester, the UK. The development of the new office will enable the company to strengthen its position in the UK airport surveillance radar market.
November 2018ContractBAE Systems signed a contract amounting to USD 72 million with the US Navy to provide air traffic control and landing systems services to the latter.
July 2018ExpansionBAE Systems inaugurated its new office in Alabama, the US. The development of the new office enabled the company to strengthen its position in the US airport surveillance radar market and offer enhanced services to its customers.
July 2021ContractBAE Systems, Inc. signed a contract with luxury sailing yacht builder Southern Wind to provide the electric-hybrid power and propulsion system for a new high-performance superyacht.
December-2023ContractSweden and Finland placed $32 million orders for BAE Systems' advanced 3P ammunition.
April-2023Material DevelopmentBAE Systems anticipates conducting demonstration firings with its next generation 155mm artillery ammunition this year and targets British Army requirements such as the Mobile Fires Platform and Lightweight Fires Platform.

Product Offering

  • BAE Systems
    • Intelligence Analysis Support
    • Maritime Security
    • Ship Repair
    • C5ISR
    • Airport Surveillance Radar
    • Smart Textile for Military
    • Marine Hybrid Propulsion System Market
    • Ammunition Market
    • Combat Helmet

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles BAE Systems as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

BAE Systems

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