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
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