英语论文网

integration with MES, BAE Systems thus became the third largest Aerospace Defence integrated company in the world ranking after Boeing and Lockheed Martin.

 

3.2.2 Abandon Europe to the United States to transfer geographical focus

 

After mergers and acquisitions, the renascent BAE no longer satisfied in domestic market which growth was almost stagnant, the arrival of the peaceful epoch removed more barriers for growth abroad.

 

From the arms dealer's point of view, the importance of the European market was self-evident, but compared to the tiny, intense competition in Europe's military supplies market, the advantages of the U.S. defense market was obvious - where the defense spending budget remains kept increasing year after year, the growth rate three times as on the European market, the number of military contractors is less than 1/2 of the European market.( March 2012)

 

(Figure 1 Share of world military spending for the top 10 spender, 2011)

 

In the huge U.S. market, there are several major full system suppliers: Lockheed Martin, Northrop Grumman, Boeing, the competition is slightly less, which urge the United States to introduce more open competition mechanisms in the weapons and equipment procurement policy, and the introduction of the Allied military enterprises to improve the microclimate of the local closed defense industry, which undoubtedly produce catfish effect, stimulate innovation, and cost control.( Stanford 2011) In addition, facing from military to economic, political and other aspects of the integration trend is increasingly evident in Europe, the United States needs a solid ally as United Kingdom, to deepen the two countries' defense integration to fight the centrifugal force from the European.

 

3.2.3 The budget decide direction, BAE make the transition to ground weapons

 

Changes in the national security situation that decide what the people think, and determine the focus of the defense budget, the arms dealers’ purse strings. After 911, the break out of the war in Afghanistan and Iraq, the demand of land & armaments related military safeguards increased sharply, congressional budget tendency to focus on transfer to terrestrial services, ground equipment industry which has been neglected more than 10 years of is facing a major turning point.( Economists view 2012)

 

With the growth of the U.S. operations, Surplus funds of BAE kept increasing, net operating cash flows rose to ￡1.884 billion in 2004, rising to 201% compared to 2003. BAE with abundant funds began to transform a series of ground-based weapons. (Annual Report 2004) The only highlight in the land was it served as technical guidance for McLaren since 1997. 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。