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Tracor
Tracor was a major North American defense electronics contractor which was acquired by Marconi Electronic Systems (MES), a subsidiary of General Electric Company plc, in 1998. Following the purchase of MES by British Aerospace in November 1999 to form BAE Systems, Tracor became BAE Systems Integrated Defense Solutions. Following a 2005 reorganisation, the company became BAE Systems Sensor Integration, part of Electronics and Integrated Solutions. History Tracor was founded in 1954 as Associated Consultants and Engineers. Tracor was the brainchild of physicist Richard N. Lane, its first president. He recruited Frank W. McBee, Dr. Chester McKinney, and Jess Stanbrough as its founders, and these four added an attorney friend, Harry Pollard, and machinist Byron Grisham, Jr. Early contracts included sales to Union Carbide and the United States Navy. The company's early focus on research and development soon expanded to the manufacture of instruments and components. In 1960 the compan ...
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Tracor
Tracor was a major North American defense electronics contractor which was acquired by Marconi Electronic Systems (MES), a subsidiary of General Electric Company plc, in 1998. Following the purchase of MES by British Aerospace in November 1999 to form BAE Systems, Tracor became BAE Systems Integrated Defense Solutions. Following a 2005 reorganisation, the company became BAE Systems Sensor Integration, part of Electronics and Integrated Solutions. History Tracor was founded in 1954 as Associated Consultants and Engineers. Tracor was the brainchild of physicist Richard N. Lane, its first president. He recruited Frank W. McBee, Dr. Chester McKinney, and Jess Stanbrough as its founders, and these four added an attorney friend, Harry Pollard, and machinist Byron Grisham, Jr. Early contracts included sales to Union Carbide and the United States Navy. The company's early focus on research and development soon expanded to the manufacture of instruments and components. In 1960 the compan ...
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Vitro Corporation
Vitro Corporation was a major United States defense contractor which became part of BAE Systems Inc. in 1999. History Vitro was incorporated in 1950 as the Vitro Manufacturing Company. Its main product was slide transparencies for overhead projectors. For some time prior to incorporation, the founders had produced tinted lighting gels for the theater and stage industry, and were known for their leadership in the production of gels used to replicate the lighting characteristics of the outdoors on a sunny day. These gels had this quality because of the admixture of salts of uranium, which are bright yellow. This business had positioned Vitro as a ready source of uranium during US military and scientific research efforts into nuclear energy during the Second World War. It seems likely that the confidential relationships developed in this time-frame with US government entities led to later contracting and development business arrangements. In 1950 Vitro acquired the Kellex Corporatio ...
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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 ...
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BAE Systems Subsidiaries And Divisions
BAE Systems plc (BAE) is a British multinational arms, security, and aerospace company based in London, England. It is the largest defence contractor in Europe, and ranked the seventh-largest in the world based on applicable 2021 revenues. As of 2017, it is the biggest manufacturer in Britain. Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Other major markets include Australia, Canada, Japan, India, Saudi Arabia, Turkey, Qatar, Oman and Sweden, where Saudi Arabia is regularly among its top three sources of revenue. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger with Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), by British Aerospace, an aircraft, munitions and naval systems manufacturer. BAE is the successor to variou ...
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Proxy Board
A proxy board is a requirement imposed under a Proxy Agreement by the U.S. Department of Defense's Defense Security Service on foreign investors seeking to acquire certain American companies. This is for national security reasons and applies mainly to defense contractors which are involved in highly classified contracts. The Proxy Agreement is between the foreign company, the US subsidiary holding classified contracts and the DSS. A proxy board is a board composed entirely of American citizens which are responsible for the day-to-day running of the business. In this way the company's classified information is "insulated" from foreign exploitation but the parent company still benefits from any profits made by its subsidiary. Special Security Agreement A variation is a Special Security Agreement (SSA) where the board of the company can be composed of both American citizens and nationals from the parent company's country. In this case when issues relating to national security are dis ...
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The 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 ...
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BAE Systems
BAE Systems plc (BAE) is a British multinational arms, security, and aerospace company based in London, England. It is the largest defence contractor in Europe, and ranked the seventh-largest in the world based on applicable 2021 revenues. As of 2017, it is the biggest manufacturer in Britain. Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Other major markets include Australia, Canada, Japan, India, Saudi Arabia, Turkey, Qatar, Oman and Sweden, where Saudi Arabia is regularly among its top three sources of revenue. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger with Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), by British Aerospace, an aircraft, munitions and naval systems manufacturer. BAE is the successor to vari ...
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General Electric Company
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 ...
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BAE Systems Sensor Integration
BAE Systems plc (BAE) is a British multinational arms, security, and aerospace company based in London, England. It is the largest defence contractor in Europe, and ranked the seventh-largest in the world based on applicable 2021 revenues. As of 2017, it is the biggest manufacturer in Britain. Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Other major markets include Australia, Canada, Japan, India, Saudi Arabia, Turkey, Qatar, Oman and Sweden, where Saudi Arabia is regularly among its top three sources of revenue. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger with Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), by British Aerospace, an aircraft, munitions and naval systems manufacturer. BAE is the successor to variou ...
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Carlyle Group
The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and private credit. It is one of the largest mega-funds in the world. In 2015, Carlyle was the world's largest private equity firm by capital raised over the previous five years, according to the PEI 300 index, though by 2020, it had slipped into second place. Founded in 1987 in Washington, D.C., by William E. Conway Jr., Stephen L. Norris, David Rubenstein, Daniel A. D'Aniello and Greg Rosenbaum, the company has nearly 1,850 employees in 26 offices on six continents . On May 3, 2012, Carlyle completed a million initial public offering and began trading on the NASDAQ stock exchange. History Founding and early history Carlyle was founded in 1987 as an investment banking boutique by five partners with backgrounds in finance and government: ...
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Marconi Electronic Systems
Marconi Electronic Systems (MES), or GEC-Marconi as it was until 1998, was the defence arm of General Electric Company (GEC). It was demerged from GEC and bought by British Aerospace (BAe) on 30 November 1999 to form BAE Systems. GEC then renamed itself Marconi plc. MES exists today as BAE Systems Electronics Limited, a subsidiary of BAE Systems, but the assets were rearranged elsewhere within that company. MES-related businesses include BAE Systems Submarine Solutions, BAE Systems Surface Ships, BAE Systems Insyte and Selex ES (now a part of Leonardo S.p.A.). History MES represented the pinnacle of GEC's defence businesses which had a heritage of almost 100 years. Following GEC's acquisition of Marconi as part of English Electric in 1968, the Marconi brand was used for its defence businesses, e.g. Marconi Space & Defence Systems (MSDS), Marconi Underwater Systems Ltd (MUSL). GEC's history of military products dates back to World War I with its contribution to the war effo ...
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AN/ALE-47
The AN/ALE-47 Airborne Countermeasures Dispenser System is used to protect military aircraft from incoming radar and infrared homing missiles. It works by dispensing flares or chaff. It is used on a variety of U.S. Air Force, Navy, and Army aircraft, as well as in other militaries. Overview The AN/ALE-47 countermeasure dispenser system was developed by Tracor, now part of BAE Systems, as an improved version of the older ALE-40 system, with more autonomy and software. The AN/ALE-47 countermeasure dispenser system is also manufactured by Symetrics Industries, out of Melbourne, Florida. The AN/ALE-47 system can be integrated on a wide range of aircraft, including helicopters, cargo aircraft and fighters. It reached initial operational capability (IOC) in the U.S. Navy in 1998. It has been integrated on 38 different types of aircraft, including the F-16, F/A-18, C-17, CH-47 and UH-60. As of 2008, over 3000 sets have been delivered and the system is used by 30 different nations. Fun ...
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