BAE Systems Born: Global Defense Giant Created by Merger
British Aerospace swallowed the defense arm of General Electric to forge BAE Systems, instantly creating Europe's largest defense contractor and redefining the global arms market. This merger consolidated British military manufacturing under one roof, allowing the new giant to dominate international fighter jet sales and secure Britain's industrial future in a consolidating industry.
January 19, 1999
27 years ago
What Else Happened on January 19
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