BAE Systems

BAE Systems is a global defense, security and aerospace company with approximately 107,000 employees worldwide. The Company delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. It is involved in electric vehicles by land, sea and air. For example, more than 2,500 buses with BAE Systems hybrid electric drive systems are in service in cities such as New York, San Francisco, and Toronto, carrying more than one million passengers daily. BAE Systems supplies hybrid electric drive systems for ground combat vehicles as part of the U.S. Army's Future Combat Systems (FCS) program. In March 2010, BAE Systems received a contract to develop an onboard vehicle power management system designed to improve U.S. Marine Corps mission effectiveness by significantly increasing electric power available to ground forces. BAE Systems' onboard power management system is currently used on the U.S. Military's Paladin Integrated Management vehicle and demonstrated on the HMMWV, Family of Medium Tactical Vehicles, and Stryker vehicles. Back in 2006, BAE Systems' Swedish subsidiary Hagglunds AB offered a glimpse of the future of military land systems when it showed a completely reconfigurable electrical vehicle with interchangeable, specialized mission modules, and a choice of wheeled or tracked drives, both electrically driven. In 2009 BAE Systems reported sales of £22.4 billion (US$ 36.2 billion).