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

BAE SYSTEMS

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BAE : GPS III satellite launches with RAD750™ single board computers

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08/22/2019 | 02:13pm EST

The U.S. Air Force today launched its second GPS III satellite, the most powerful Global Positioning System (GPS) satellite ever built. BAE Systems' RAD750™ Single Board Computer (SBC), part of Harris Corporation's navigation payload for GPS III prime contractor Lockheed Martin, will provide radiation hardened, high-performance onboard processing capability for the satellite's mission.

'Security and reliability are key to ensuring warfighters can depend on GPS signals,' said James LaRosa, director of Space Processor and Products at BAE Systems. 'Our rad-hard RAD750 processor can withstand radiation doses a million times stronger than a fatal human dose, and that durability is valued on missions like the GPS III.'

To modernize the GPS constellation with new technology and advanced capabilities, the Air Force began launching its new, next-generation GPS III satellites in December 2018. GPS III is three times more accurate and has up to eight times improved anti-jamming capabilities over current GPS satellites. GPS III is the first GPS satellite to broadcast the new L1C civil signal to be interoperable with other international global navigation satellite systems, like Galileo. The Air Force has announced plans to build up to 32 GPS III and IIIF satellites, for which BAE Systems' SBCs could provide long-lasting computing power on each mission.

BAE Systems' radiation-hardened electronics have been on board satellites and spacecraft for almost 30 years. The company has provided more than 900 computers from more than 300 satellites, and has provided the computers that power key national space assets such as Juno and Pathfinder.

Radiation hardened computers are produced at BAE Systems' facility in Manassas, Virginia. The facility is a U.S. Department of Defense Category 1A Microelectronics Trusted Source.

Learn more about our radiation-hardened computers and processors baesystems.com/space.

Ref. No. 101/2019

Disclaimer

BAE Systems plc published this content on 22 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 August 2019 18:12:03 UTC

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Financials (GBP)
Sales 2019 19 848 M
EBIT 2019 2 081 M
Net income 2019 1 317 M
Debt 2019 934 M
Yield 2019 4,02%
P/E ratio 2019 13,7x
P/E ratio 2020 13,8x
EV / Sales2019 0,97x
EV / Sales2020 0,93x
Capitalization 18 371 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 605,20  GBp
Last Close Price 573,60  GBp
Spread / Highest target 19,4%
Spread / Average Target 5,51%
Spread / Lowest Target -7,60%
EPS Revisions
Managers
NameTitle
Charles Nicolas Woodburn Group Chief Executive Officer & Director
Roger M. Carr Chairman
Peter John Lynas Group Finance Director & Executive Director
Nigel Whitehead Chief Technology Officer
Steve N. Millward Chief Information Officer
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