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Ball Aerospace
Ball Aerospace & Technologies Corp., commonly Ball Aerospace, was an American manufacturer of spacecraft, components and instruments for national defense, civil space and commercial space applications. Until 2024, the firm was a wholly owned subsidiary of Ball Corporation, with primary offices in Boulder, Colorado, and facilities in Broomfield and Westminster in Colorado, with smaller offices in New Mexico, Ohio, northern Virginia, Missouri and Maryland. It was acquired by BAE Systems Inc. in 2024, and is operated as a new division within BAE called Space & Mission systems. History Ball Aerospace began building pointing controls for military rockets in 1956. The aerospace part of the Ball Corporation was then known as Ball Brothers Research Corporation, and later won a contract to build some of NASA's first spacecraft, the Orbiting Solar Observatory satellites. The company has been responsible for numerous technological and scientific projects and continues to provide aerospac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |