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

BAE SYSTEMS PLC

(BA.)
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BAE : invests in expanding capabilities at the Georgia Cyber Center

11/13/2020 | 10:20am EST

BAE Systems is expanding its footprint at the Georgia Cyber Center in Augusta, Ga., with a newly signed lease agreement.

BAE Systems invests in expanding capabilities at the Georgia Cyber Center

Photos courtesy of Georgia Cyber Center

The lease secures an additional 17,000 square feet of commercial office space that will further advance the company's innovative services, strengthen its local partnerships, and provide space for high-demand cyber and technology jobs. Located on the Nathan Deal Campus for Innovation in downtown Augusta, the center is a unique public/private partnership among academia, law enforcement, the government, U.S. Army, and the private sector.

'We're committed to supporting our customer's mission by bringing innovative solutions that further enable mission success,' said Peder Jungck, vice president and general manager of BAE Systems Intelligence Solutions business. 'Our expansion at Georgia Cyber Center helps us better serve those missions and advance research and development in cyber, information technology, and advanced analytics. Additionally, the expansion allows us to engage, recruit, and educate talent in the Augusta and Fort Gordon area.'

BAE Systems invests in expanding capabilities at the Georgia Cyber Center

Photos courtesy of Georgia Cyber Center

With nearly 500 employees in Fort Gordon and Augusta, BAE Systems is one of the largest defense contractors in the area. The company provides advanced analytics, artificial intelligence/machine learning, information technology, cybersecurity, and information assurance mission support. The new office will create space for up to 200 additional jobs, and the company is currently recruiting cleared individuals with skills in cybersecurity, networks, IT infrastructure operations, multilevel security, and cloud computing. BAE Systems is a leading provider of secure information technology support and services for the U.S. Army in the region, and a trusted partner on critical national security programs.

BAE Systems provides large-scale systems engineering, integration, and sustainment services across air, land, sea, space, and cyber domains. Click here to learn more about career opportunities in Fort Gordon and Augusta.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2020 20 350 M 27 843 M 27 843 M
Net income 2020 1 226 M 1 677 M 1 677 M
Net Debt 2020 3 755 M 5 137 M 5 137 M
P/E ratio 2020 12,7x
Yield 2020 4,90%
Capitalization 15 406 M 21 049 M 21 078 M
EV / Sales 2020 0,94x
EV / Sales 2021 0,88x
Nbr of Employees 88 400
Free-Float 92,3%
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 598,82 GBX
Last Close Price 479,10 GBX
Spread / Highest target 63,0%
Spread / Average Target 25,0%
Spread / Lowest Target -15,8%
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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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