Marconi Electronic Systems (MES), or GEC-Marconi as it was until 1998, was the defence arm of General Electric Company (GEC). It was demerged from GEC and bought by British Aerospace (BAe) on 30 November 1999 to form BAE Systems. GEC then renamed itself Marconi plc.
MES exists today as BAE Systems Electronics Limited, a subsidiary of BAE Systems, but the assets were rearranged elsewhere within that company. MES-related businesses include BAE Systems Submarine Solutions, BAE Systems Surface Ships, BAE Systems Insyte and Selex ES (now a part of Leonardo S.p.A.).
British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. Formed in 1977, in 1999 it purchased Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc, to form BAE Systems.
1999Nov, 30
British Aerospace and Marconi Electronic Systems merge to form BAE Systems, Europe's largest defense contractor and the fourth largest aerospace firm in the world.
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Events on 1999
- 21Jan
United States Coast Guard
War on Drugs: In one of the largest drug busts in American history, the United States Coast Guard intercepts a ship with over 4,300 kilograms (9,500 lb) of cocaine on board. - 12Mar
Czech Republic
Former Warsaw Pact members the Czech Republic, Hungary and Poland join NATO. - 8Apr
Indian National Congress
Haryana Gana Parishad, a political party in the Indian state of Haryana, merges with the Indian National Congress. - 29May
International Space Station
Space Shuttle Discovery completes the first docking with the International Space Station. - 27Nov
Helen Clark
The centre-left Labour Party takes control of the New Zealand government with leader Helen Clark becoming the first elected female Prime Minister in New Zealand's history.