BAE Systems Land & Armaments was created on June 24 2005, following the completition of BAE Systems' acquisition of United Defense and its merger with BAE Systems Land Systems. The L&A group is a subsidiary of BAE Systems Inc. and is responsible for the design, development and production of combat vehicles, ammunition, artillery systems, naval guns and missile launchers.
BAE Systems' 2005 Annual Report stated that the L&A group had sales of £1,266 million and EBITA of £42 million. This compares to sales of £482 million in 2004. BAE Systems plc (2006). "Annual Report 2005". Retrieved June 22, 2006.
BAE Systems was formed in 1999 by the merger of British Aerospace (BAe) and Marconi Electronic Systems (MES). BAe's land systems business was RO Defence, a major manufacturer of explosives, ammunition and small arms. MES owned Vickers Shipbuilding and Engineering Ltd, manufacturer of the M777 howitzer.
On June 4, 2004 BAE Systems outbid General Dynamics for Alvis Vickers, the UK's principal land systems business. What had seemed a certain win for the US company was stopped by BAE Systems' surprise move. It has been seen as an attempt to keep such a strong competitor at bay in BAE Systems' "backyard." On March 7 2005 BAE Systems announced the $3,974,000,000 acquisition of United Defense Industries (UDI). UDI, a major competitor to General Dynamics, was primarily a land systems manufacturer, boosting BAE Systems' involvement in this sector and its sales in the important North American market. UDI manufactured combat vehicles, artillery systems, naval guns, missile launchers and precision guided munitions.
BAE Systems Land and Armaments was formed in June 2005 in a reorganisation which saw BAE businesses in the United States placed into three "operating groups":
Land and Armaments, headquartered in the United States as part of BAE Systems Inc, took control of BAE's existing land systems businesses.
BAE Systems | Defense companies of the United States | Manufacturing companies
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