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British Aerospace Plc
British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. Formed in 1977, in 1999 it purchased Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc, to form BAE Systems. History Formation and privatisation The company has its origins in the Aircraft and Shipbuilding Industries Act 1977, which called for the nationalisation and merger of the British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics and Scottish Aviation. On 29 April 1977, the new entity was formed in the United Kingdom as a statutory corporation. Under the provisions of the ''British Aerospace Act 1980'' on 1 January the statutory corporation was transferred to a limited company, which then re-registered as a public limited company (plc), under the name "British Aerospace Public ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statutory Corporation
A statutory corporation is a government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, thus, they are statutes owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the government glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory authority that is a body corporate", and the New South Wales Governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric Company Plc
The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. The company was founded in 1886, was Britain's largest private employer with over 250,000 employees in the 1980s, and at its peak in the 1990s, made profits of over £1 billion a year. In June 1998, GEC sold its share of the joint venture GEC-Alsthom on the Paris stock exchange. In December 1999, GEC's defence arm, Marconi Electronic Systems, was sold to British Aerospace, forming BAE Systems. The rest of GEC, mainly telecommunications equipment manufacturing, continued as Marconi Communications. After buying several US telecoms manufacturers at the top of the market, losses following the bursting of the dot-com bubble in 2001 led to the restructuring in 2003 of Marconi plc into Marconi Corporation plc. In 2005, Ericsson acquired the bulk of that company. What was left of the business was renamed Telent. History E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hawker Siddeley HS 748
The Hawker Siddeley HS 748 is a medium-sized turboprop airliner originally designed and initially produced by the British aircraft manufacturer Avro. It was the last aircraft to be developed by Avro prior to its absorption by Hawker Siddeley. The HS 748 was developed during the late 1950s as a move to re-orientate the company towards the civil and export markets. Powered by the popular Rolls-Royce Dart turboprop engine, it was specifically designed as a modern feederliner to act as a replacement for the aging Douglas DC-3s then in widespread service. Originally intended to seat a smaller number of passengers, market research indicated that a seating capacity of around 40 passengers would be optimal for the type. As a means to differentiate the new airliner from competitors, it was designed to possess a high level of performance, including its short takeoff and landing (STOL) capabilities and overall ruggedness. First flying on 24 June 1960, the series 1 HS 748 entered revenue s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hawker Siddeley Harrier
The Hawker Siddeley Harrier is a British military aircraft. It was the first of the Harrier series of aircraft and was developed in the 1960s as the first operational ground attack and reconnaissance aircraft with vertical/short takeoff and landing (V/STOL) capabilities and the only truly successful V/STOL design of that era. The Harrier was developed directly from the Hawker Siddeley Kestrel prototype aircraft, following the cancellation of a more advanced supersonic aircraft, the Hawker Siddeley P.1154. In the late 1960s, the Harrier GR.1 and GR.3 variants were ordered by the British government for the Royal Air Force (RAF). It was exported to the United States as the AV-8A, for use by the US Marine Corps (USMC), in the 1970s. During the Harrier's service the RAF positioned the bulk of the aircraft in West Germany to defend against a potential invasion of Western Europe by the Warsaw Pact forces; the unique abilities of the Harrier allowed the RAF to disperse their forces a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Aerospace 125
The British Aerospace 125 is a twinjet mid-size business jet. Originally developed by de Havilland and initially designated as the DH.125 Jet Dragon, it entered production as the Hawker Siddeley HS.125, which was the designation used until 1977. Later on, more recent variants of the type were marketed as the Hawker 800. More than 60% of the total sales of the aircraft were to North American customers.Jerram, Mike"The last de Havilland."''Flying Magazine'', 120 (9). p. 43. It was also used by the Royal Air Force as a navigation trainer, as the Hawker Siddeley Dominie T1, and was operated by the United States Air Force as a calibration aircraft, under the designation C-29. Development Origins In 1961, de Havilland began work upon a small business jet, then known as the ''DH.125 Jet Dragon'', which was intended to replace the piston engined de Havilland Dove, a successful business aircraft and light transport. Prior to the start of the project, de Havilland had determined th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Aerospace Jetstream
The British Aerospace Jetstream is a small twin-turboprop airliner, with a pressurised fuselage, developed as the ''Jetstream 31'' from the earlier Handley Page Jetstream. A larger version of the Jetstream was also manufactured, the British Aerospace Jetstream 41. Development Scottish Aviation had taken over production of the original Jetstream design from Handley Page, and when it was nationalised along with other British companies into British Aerospace (later BAE Systems) in 1978, British Aerospace decided the design was worth further development, and started work on a "Mark 3" Jetstream. As with the earlier 3M version for the USAF, the new version was re-engined with newer Garrett turboprops (now Honeywell TPE331) which offered more power (flat rated to 1,020 shp/760 kW with a thermodynamic limit of 1,100 shp/820 kW) and longer overhaul intervals over the original Turbomeca Astazou engines. This allowed the aircraft to be offered in an 18-seat option ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handley Page Jetstream
The Handley Page HP.137 Jetstream is a small twin-turboprop airliner, with a pressurised fuselage. The aircraft was designed to meet the requirements of the United States commuter and regional airline market. The design was later improved and built by British Aerospace as the BAe Jetstream 31 and BAe Jetstream 32, featuring different turboprop engines. Development Handley Page was in an awkward position in the 1960s, wishing to remain independent of the "big two" British companies (Hawker Siddeley and the British Aircraft Corporation), but without the money needed to develop a large new airliner that would keep it in the market. After studying the market it decided that its next product would be a highly competitive small airliner instead, filling a niche it identified for a 12–18 seat high-speed design. Compared to its three closest rivals, the Beechcraft King Air, Aero Commander Turbo Commander and Swearingen Merlin it offered "more capacity, better range-payload, higher s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Panavia Tornado
German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Germanic peoples (Roman times) * German language **any of the Germanic languages * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (other) * Germa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hansard
''Hansard'' is the traditional name of the transcripts of parliamentary debates in Britain and many Commonwealth countries. It is named after Thomas Curson Hansard (1776–1833), a London printer and publisher, who was the first official printer to the Parliament at Westminster. Origins Though the history of the ''Hansard'' began in the British parliament, each of Britain's colonies developed a separate and distinctive history. Before 1771, the British Parliament had long been a highly secretive body. The official record of the actions of the House was publicly available but there was no record of the debates. The publication of remarks made in the House became a breach of parliamentary privilege, punishable by the two Houses of Parliament. As the populace became interested in parliamentary debates, more independent newspapers began publishing unofficial accounts of them. The many penalties implemented by the government, including fines, dismissal, imprisonment, and investigati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veto
A veto is a legal power to unilaterally stop an official action. In the most typical case, a president or monarch vetoes a bill to stop it from becoming law. In many countries, veto powers are established in the country's constitution. Veto powers are also found at other levels of government, such as in state, provincial or local government, and in international bodies. Some vetoes can be overcome, often by a supermajority vote: in the United States, a two-thirds vote of the House and Senate can override a presidential veto. Article I, Section 7, Clause 2 of the United States Constitution Some vetoes, however, are absolute and cannot be overridden. For example, in the United Nations Security Council, the permanent members ( China, France, Russia, the United Kingdom, and the United States) have an absolute veto over any Security Council resolution. In many cases, the veto power can only be used to prevent changes to the status quo. But some veto powers also include the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golden Share
In business and finance, a golden share is a nominal share which is able to outvote all other shares in certain specified circumstances, often held by a government organization, in a government company undergoing the process of privatization and transformation into a stock-company. Purpose This share gives the government organization, or other shareholder, the right of decisive vote, thus to vote all other shares, in a shareholder meeting. Usually this will be implemented through clauses in a company's articles of association, and will be designed to prevent stakebuilding above a certain percentage ownership level, or to give a government, or other shareholder, veto powers over any major corporate action, such as the sale of a major asset or subsidiary or of the company as a whole. In the context of government-owned golden shares, this share is often retained only for some defined period of time to allow a newly privatised company to become accustomed to operating in a public e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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