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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  BAE Systems plc    BA.   GB0002634946

BAE SYSTEMS PLC

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BAE : Analysing real-time platformdata to improve availability

11/19/2020 | 03:33am EST
AnalysingPlatform data [0:33]

Currently, warships come into dock for maintenance on a prescribed schedule of 'health monitoring' and parts replacement. Increasing reliability, however, can lead to lengthy and unnecessary maintenance, or perfectly good parts being replaced while they are still fully operational. On inspection, other parts may be identified as needing replacement but are not immediately available. This common scenario often leads to a delay in dock, increased manpower requirements and unforeseen costs.

What if data from sensors on all the components of a ship enabled a detailed condition-based monitoring programme over a reliability-centred maintenance plan?

Our team is working to make this vision a reality.

Working with the supply chain, we are using artificial intelligence to predict the future life of parts and potential faults, with data transmitted to the team onshore before the vessel comes into dock. In the future, we can deliver a more accurate maintenance schedule to engineers, ensuring parts and tools are prepared for maintenance when the ship docks.

I'm excited to be working at this cutting edge of technology. At its heart is the desire to link and use data more effectively to save time and money.

Sam Horry


, Data Science Lead, BAE Systems

Our solution has so far been trialled aboard the Type 45 class and survey class vessels, with real-time data sent over satellite, and has provided the opportunity to collaborate further with third party maintenance contractors.

'I'm excited to be working at this cutting edge of technology. At its heart is the desire to link and use data more effectively to save time and money.' Ashwin Chandran, Programme Lead,

During these trials, we identified projected savings with maintenance time reductions allowing ships to be operational for more of their working life. This programme is just one of the ways BAE Systems can provide its customers with enhanced performance, greater operational capability and increased platform availability.

Disclaimer

BAE Systems plc published this content on 19 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2020 08:32:09 UTC


© Publicnow 2020
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Financials
Sales 2020 20 351 M 27 942 M 27 942 M
Net income 2020 1 226 M 1 683 M 1 683 M
Net Debt 2020 3 755 M 5 155 M 5 155 M
P/E ratio 2020 12,5x
Yield 2020 4,98%
Capitalization 15 152 M 20 686 M 20 803 M
EV / Sales 2020 0,93x
EV / Sales 2021 0,87x
Nbr of Employees 88 400
Free-Float 92,3%
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 596,57 GBX
Last Close Price 471,20 GBX
Spread / Highest target 65,7%
Spread / Average Target 26,6%
Spread / Lowest Target -14,4%
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Managers and Directors
NameTitle
Charles Nicolas Woodburn Group Chief Executive Officer & Director
Roger M. Carr Chairman
Brad Greve Group Finance Director & Director
Steve N. Millward Chief Information Officer
Benjamin Hudson Chief Technology Officer
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