BAE Systems Submarines
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BAE Systems Submarines, until 2003 a unit within BAE Systems Marine, is responsible for the development and production of the Astute class submarine. At the same time BAE Systems Naval Ships was formed to operate the shipbuilding capabilities of BAE Systems.
The submarines are constructed at BAE Systems' yard at Barrow-in-Furness. The Astute class is a new generation of nuclear attack submarine (SSN) for the Royal Navy. The order for the initial batch of three ships was place in 1997, with Marconi Marine (VSEL), since absorbed into BAE Systems.
The evolution of British Shipbuilders, 1960 - present |
BAE Systems plc |
Subsidiaries: BAE Systems Air Systems | BAE Systems Customer Solutions & Support | BAE Systems Insyte | BAE Systems Naval Ships | BAE Systems Regional Aircraft | BAE Systems Submarines | BAE Systems Underwater Systems | MBDA UK BAE Systems Inc.: BAE Systems Customer Solutions | BAE Systems Land and Armaments | BAE Systems Electronics and Integrated Solutions |
Joint ventures: Air Astana (49%) | Eurofighter GmbH (33%) | MBDA (37.5%) | Saab (20.5%) | SELEX Sensors and Airborne Systems (25%) |
Annual Revenue: $28.3 billion USD ( FY 2005) | Employees: 100,100 | Stock Symbol: LSE: BA. | Website: www.baesystems.com |