BAE Systems plc (BAE) is a British
defence and aerospace company headquartered at
Farnborough, England, which has worldwide interests, particularly in North America through its subsidiary
BAE Systems Inc. BAE is the world's third largest defence contractor and the largest in Europe. BAE was formed on
30 November 1999 by the £7.7 billion merger of two British companies: Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of
The General Electric Company plc (GEC) and aircraft, munitions and naval systems manufacturer British Aerospace (BAe).
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