In the post war period BAE created in collaboration with others many other recognisable products such as the de Havilland Comet (the world’s first commercial airliner) and the Concorde (the first supersonic commercial airliner). BAE systems are the third largest global defence company with sales exceeding ?15 Billion ($25 Billion), (BAE, 2006)...
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The company has an annual research and development budget exceeding ?1.3 Billion which leads to over 100 new inventions per year. BAE are the sixth largest supplier of military equipment to the United States armed forces. British Aerospace’s main rivals are Lockheed Martin and Boeing; both are large American companies which has led to both being the contractor of choice for the US government...
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