Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  BAE Systems    BA.   GB0002634946

BAE SYSTEMS

(BA.)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

BAE : Future Combat Air System

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/09/2019 | 09:12am EDT

In 2018, the Royal Air Force (RAF) celebrated its centenary anniversary. Together, we reflected on our shared history and achievements and we look forward to the next 100 years.

The future combat air system (FCAS) to be delivered by Team Tempest UK is part of this shared vision for the future. In which the UK will maintain its place at the forefront of the global combat air sector, making a pivotal contribution to European and global security.

At BAE Systems, we are proud of our heritage in manufacturing and engineering excellence, of our role in delivering the world's most advanced and complex defence programmes and of the dedication, passion and innovation of our people.

Shaping the future of airpower

Team Tempest brings together the UK's world leading industry and sovereign capabilities across future combat air's four key technology areas: advanced combat air systems and integration (BAE Systems); advanced power and propulsion systems (Rolls-Royce); advanced sensors, electronics and avionics (Leonardo); and advanced weapon systems (MBDA).

As part of the Future Combat Air Systems (FCAS) programme we are actively delivering against a number of live work-streams including airframe and next generation technologies as well as concept and integration work.

Together we are harnessing the capabilities that are critical for future combat air capability and for retaining the UK's position as a globally competitive leader.

The team is working on a broad portfolio of more than sixty technology demonstrations spanning the breadth of combat air systems. Each will develop UK industry's skills, technologies and capabilities for the future.

Innovation sits at the heart of Team Tempest and our aim is to build on our strong UK heritage of world-class in-service capabilities, and our previous advanced technology development programmes in air systems, propulsion and power, sensors and effectors.

What is the Future Combat Air System (FCAS)?

In July 2018 Team Tempest was announced by UK Government alongside the launch of the UK's Combat Air Strategy.

The Combat Air Strategy sets out an ambitious vision for the future. Building on the government's industrial strategy it outlines how the UK will retain its ability to choose how we meet our future requirements.

The Combat Air Strategy delivers a statement of government intent that the UK will remain a global leader in the combat air sector.

Our crucial role in delivering FCAS

We are immensely proud of our role in supporting the objectives of the UK's Combat Air Strategy. With our highly skilled workforce delivering innovative and cost effective solutions to ensure our customers are best placed to overcome increasingly complex challenges.

Over the last century we have consistently demonstrated our prowess for invention and innovation. Our technical and industrial expertise has enabled the UK to be at the heart of successful international collaborations including Tornado, Typhoon and F-35.

This has ensured significant economic benefit to the UK through:

  • The development of the most advanced technologies;
  • Employment of a highly skilled workforce;
  • Success in the export market.

The UK combat air sector in which we operate has grown to an annual turnover of £6bn, directly supporting over 18,000 jobs and more than 200 companies across England, Scotland, Wales and Northern Ireland. The UK Combat Air Strategy creates the conditions for our sector to thrive and grow.

How will Team Tempest deliver FCAS?

We will develop the technologies necessary to lead the development of a Future Combat Air System, which could be used by the RAF until 2080.

We need thousands of bright minds ready to become the engineers, manufacturers and operators - we're looking for Generation Tempest.

Today, there are people within the companies which make up Team Tempest who are already working on the early stage of the technologies which may end up in the hands of the RAF pilots of the future.

Technologies like futuristic wearable cockpits, which use gaming technology to beam the controls a pilot needs to fly the aircraft through their helmet. They can then work these controls with the blink of an eye using eye-tracking technology or call up virtual displays by just moving their hands using augmented reality.

This is called 'cobotics' and it is all about people and robots working together to build an aircraft which has not even been designed yet. And, if that sounds like science fiction to you, think again. You can find exactly this technology at work today building parts of the aircraft including Typhoon and F-35, and in the research labs where the technologies of tomorrow are being created today.

There is so much which has already happened towards delivering the vision of Team Tempest, but there's way more still to come.

If you're part of an Air Cadets group, a school party or maybe just visiting the Air Tattoo to watch the amazing displays by aircraft like Typhoon, you could be part of creating the aircraft which will be the star attraction at an air show decades from now.

We're looking for you to join us in our mission and become part of Generation Tempest.

Disclaimer

BAE Systems plc published this content on 09 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2019 13:11:05 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BAE SYSTEMS
07:37pBAE : Information and Security (I&S) sector is appraised at Capability Maturity ..
PU
03:14pBAE : Gets $318 Million U.S. Army Contract
DJ
03:12pBAE : wins $318 million contract from U.S. Army
RE
09/12BAE : More than a sum of its parts
PU
09/12BABCOCK INTERNATIONAL : wins frigate deal as UK bids to restore shipbuilding ind..
RE
09/11BAE : delivers new CV90 mortar variant to the Swedish Army; The CV90 Mjolner bec..
AQ
09/11BAE : On track to put augmented reality technology into a headset the size of a ..
AQ
09/11UK and Italian Industry Companies to Partner on Air-Combat Systems
DJ
09/11BAE : UK and Italian industryto partner on Tempest
PU
09/11STRENGTH IN NUMBERS : forming federations in cyber defence
PU
More news
Financials (GBP)
Sales 2019 19 906 M
EBIT 2019 2 104 M
Net income 2019 1 320 M
Debt 2019 920 M
Yield 2019 3,93%
P/E ratio 2019 14,0x
P/E ratio 2020 14,0x
EV / Sales2019 0,99x
EV / Sales2020 0,94x
Capitalization 18 762 M
Chart BAE SYSTEMS
Duration : Period :
BAE Systems Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BAE SYSTEMS
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 606,00  GBp
Last Close Price 586,00  GBp
Spread / Highest target 16,9%
Spread / Average Target 3,41%
Spread / Lowest Target -9,56%
EPS Revisions
Managers
NameTitle
Charles Nicolas Woodburn Chief Executive Officer & Director
Roger M. Carr Chairman
Peter John Lynas Executive Director & Group Finance Director
Nigel Whitehead Chief Technology Officer
Steve N. Millward Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
BAE SYSTEMS27.61%22 924
UNITED TECHNOLOGIES CORPORATION28.86%117 842
LOCKHEED MARTIN CORPORATION50.47%110 886
NORTHROP GRUMMAN CORPORATION51.67%62 845
RAYTHEON31.08%56 838
GENERAL DYNAMICS CORPORATION21.69%55 029