History
BAE Systems Marine was created following the merger of Marconi Electronic Systems (MES) and British Aerospace (BAe) to form BAE Systems in 1999. Like other parts of the business (e.g. Marconi Avionics) the former Marconi Marine was required to be "firewalled" within the new company.
Marconi Marine owned the major assets which made up BAE Systems Marine:
- BAE Systems Marine (YSL)
- BAE Systems Marine (VSEL)
- BAE Systems Marine (Kvaerner Govan)
In 2003 the YSL and Govan shipyards were placed under the control of a new unit of BAE, BAE Systems Naval Ships. The shipyard at Barrow became part of BAE Systems Submarine Solutions. This reorganisation was, to quote the company, "to provide a focus on the UK and export surface warship building market."
Read more about this topic: BAE Systems Marine
Famous quotes containing the word history:
“... that there is no other way,
That the history of creation proceeds according to
Stringent laws, and that things
Do get done in this way, but never the things
We set out to accomplish and wanted so desperately
To see come into being.”
—John Ashbery (b. 1927)
“Whenever we read the obscene stories, the voluptuous debaucheries, the cruel and torturous executions, the unrelenting vindictiveness, with which more than half the Bible is filled, it would be more consistent that we called it the word of a demon than the Word of God. It is a history of wickedness that has served to corrupt and brutalize mankind.”
—Thomas Paine (1737–1809)
“The history of the world is none other than the progress of the consciousness of freedom.”
—Georg Wilhelm Friedrich Hegel (1770–1831)