BAE Systems plc http://www.alacrastore.com/company-snapshot/BAE_Systems_plc-1002497 Friday, August 29, 2008 4:19:38 PM 1002497 BAE Systems plc en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/fitch/428637_pr_framefitch/428637_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.AB ElectroluxAB VolvoAir Liquide S.A.Akzo Nobel N.V.Arcelik A.S.BAE Systems plcBASF SECemex Espana S.A.Ciba Holding Inc.Cognis GmbhCompagnie Financiere Michelin (CFM)Continental AGCRH plcDaimler AGEurochem Mineral And Chemical Company JscEuropean Aeronautic Defence and Space Co., (EADS)Fiat SpAFinmeccanica SpAFord Otosan A.S.GKN Holdings plcHeidelbergCement AGHolcim LtdKazanorgsintez JSCKoninklijke DSM N.V.Lafarge S.A.Lanxess AGLyondellBasell Industries AF S.C.ANizhnekamskneftekhimOAO Kontsern StirolPetkim Petrokimya Holding A.S.Pfleiderer AGPSA Peugeot Citroen S.A.Renault SARhodia S.A.Robert Bosch GmbHRolls Royce Group plcSABIC Europe BVSaint Gobain S.A.Saudi Basic Industries Corporation (SABIC)SIBUR Holding OJSCSolvay SAThales S.A.Vestel Elektronik Sanayi ve TicaretVolkswagen AG80090305803595788035994380360000803602128036051580360517803605248036070880360751803611538036126680361286803612888036133980361368804609688050441880506592806221928063842281023431819133198207994882291694823062948250791682557725828287258303273183209014832242718325412083309480834888718361246583746465837718658383786583942865839596668401726984667073847482708/7/2008 2:20:00 PM01000000010300000103060001030900010309010103110001031300010313010103130201031400010315000103170385Press Release012053131902010AIAKZAARCLKBABASCIBNCONCRHDAIDSMEADELUX BFFNCHEIHOHOLNKZOSLXSNKNCPETKMPFD4RHARRSGOSOLBSTIRUGVESTLVOLV AVOW428637_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/ccbn/B1898090ccbn/B1898090norm...Generates a substantial business providing through-life support to equipments in service with UK Armed Forces.... 8/1/2008 2:06:00 PMBAE Systems Plc54.0000EditedHalf Year 2008 BAE Systems Plc Earnings Conference Call SummaryBAESY9:00am UKTBriefB1898090Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1898090ccbn/T1898090norm... - BAE Systems Plc - ChairmanGood morning and welcome to everybody. Perhaps, my most important task is to make sure that if anybody's got either a mobile phone or a BlackBerry, now would be a great time to extinguish it. I've made that mistake myself in the past and I've turned mine off. So, welcome to all of you. Of course, what we're looking at here is another good set of results. And that's because, of course, Mike and the Executive Team continue the track record of delivery, and also continue that really important track record of clean execution of strategy. One of the things that you've been looking at, and one of the numbers, is, of course, the very strong order book. But we are not complacent and, particularly at a time when other businesses are having huge difficulties with the business environment, our eyes are on today's performance and our eyes are on the medium and the long term. Many of you, and your colleagues,- back in your offices have asked me about the SFO and DOJ issues.... 8/1/2008 9:07:00 AMBAE Systems Plc54.0000FinalHalf Year 2008 BAE Systems Plc Earnings Conference Call TranscriptBAESY9:00am UKTTranscriptT1898090Credit & Investment ResearchThomson Street EventsUK - BAE Systems PLC (BAE), through its undisclosed wholly owned subsidiary, agreed to launch a tender offer to acquire the entire ordinary share capital of Detica Group PLC (DG), a Surrey-based provider of business and technology consulting services, for #.# British pounds ($#.### US) in cash per share, or a total value of ###.### mil pounds ($#.### bil). The transaction was conditioned upon at least ##% of the shares being tendered. BAE received irrevocable undertakings with respect to #.##% of the company's ordinary share capital. Upon declaration of being wholly unconditional, BAE was to exercise its rights to compulsorily acquire all remaining shares not tendered pursuant to the offer and apply for the delisting of DG shares from the London Stock Exchange. The transaction was subject to regulatory approvals.7/29/2008 1:11:40 PM05700Y25052K05700Y25052KBAE Systems PLCDetica Group PLCBAE Systems PLCDetica Group PLChttp://www.alacrastore.com/storecontent/Thomson_M%26A/BAE_Systems_PLC_acquires_Detica_Group_PLC-1999318040sdc/19993180401999318040Copyright © 2008, Thomson Financial, All Rights ReservedLondonAerospace and AircraftUnited KingdomAircraft3721FFForeignPublicBA.3482:Small arms ammunition3483:Ammunition, except for small arms3663:Radio & TV broadcasting & communications equipment3721:Aircraft3724:Aircraft engines and engine parts3728:Aircraft parts,equipment3731:Ship building and repairing3761:Guided missiles and space vehicles3795:Tanks and tank components7359:Equipment rental and leasing, nec3482:Small arms ammunition3483:Ammunition, except for small arms3663:Radio & TV broadcasting & communications equipment3721:Aircraft3724:Aircraft engines and engine parts3728:Aircraft parts,equipment3731:Ship building and repairing3761:Guided missiles and space vehicles3795:Tanks and tank components7359:Equipment rental and leasing, necLondonTechBusiness ServicesUnited KingdomComputer programming services7371FFForeignPublicDCA7583002Mnfr civil,military aircraftPvd bus,tech consulting svcsCashCash OnlyOrdinary Share760986002Jul 29 20081.4510018.8470062.1540062.1540041.5100026.8500020.739000.00000168.120000.424000.2430049.987000.2640030.3420044.88500402.8880011.09800291.96200STG31 Dec 070.000001771.601000.0000028419.1050039112.26700British Pound31 Mar 0831 Mar 0831 Mar 0731 Mar 0631 Mar 0531 Mar 041.983001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.0000032.0000033.0000034.0000035.0000036.0000037.0000038.0000039.0000040.0000041.0000042.0000043.0000044.0000045.0000046.00000BAE Systems PLC, located inLondon, United Kingdom,manufactures civil andaircraft, space vehicles,engine parts, aircraftequipment, and ammunition andradio and televisioncommunications equipment. TheGroup's principal activity isproviding products andservices for air, land andnaval forces, as well asadvanced electronics,information technologysolutions and customer supportservices. It is organized infive divisions. Programs andSupport comprises air, navaland underwater based systemsfor the United Kingdom. Theproducts include militaryaircraft, destroyers andsubmarines. Electronics,Intelligence and Supportprovides communications,electronic identification,navigation and guidancesystems, network-centricwarfare solutions and a rangesupport solutions. Land andArmaments focuses on armoredcombat vehicles, tacticalwheeled vehicles, naval guns,missile launchers andartillery systems.International Businessesprovides aircraft, associatedhardware, support,infrastructure and manpowertraining for the Kingdom ofSaudi Arabia. The companyoperates in six home marketsnamely Australia, SaudiArabia, South Africa, Sweden,UK and US. The group wasfounded in 1977.BAE Systems PLC, located in London, United Kingdom,manufactures civil and aircraft, space vehicles, engineparts, aircraft equipment, and ammunition and radio andtelevision communications equipment. The Group's principalactivity is providing products and services for air, landand naval forces, as well as advanced electronics,information technology solutions and customer supportservices. It is organized in five divisions. Programs andSupport comprises air, naval and underwater based systemsfor the United Kingdom. The products include militaryaircraft, destroyers and submarines. Electronics,Intelligence and Support provides communications, electronicidentification, navigation and guidance systems,network-centric warfare solutions and a range supportsolutions. Land and Armaments focuses on armored combatvehicles, tactical wheeled vehicles, naval guns, missilelaunchers and artillery systems. International Businessesprovides aircraft, associated hardware, support,infrastructure and manpower training for the Kingdom ofSaudi Arabia. The company operates in six home marketsnamely Australia, Saudi Arabia, South Africa, Sweden, UK andUS. The group was founded in 1977.BAE Systems PLC, located in London, United Kingdom, manufactures civil and aircraft, space vehicles, engine parts, aircraft equipment, and ammunition and radio and television communications equipment. The Group's principal activity is providing products and services for air, land and naval forces, as well as advanced electronics, information technology solutions and customer support services. It is organized in five divisions. Programs and Support comprises air, naval and underwater based systems for the United Kingdom. The products include military aircraft, destroyers and submarines. Electronics, Intelligence and Support provides communications, electronic identification, navigation and guidance systems, network-centric warfare solutions and a range support solutions. Land and Armaments focuses on armored combat vehicles, tactical wheeled vehicles, naval guns, missile launchers and artillery systems. International Businesses provides aircraft, associated hardware, support, infrastructure and manpower training for the Kingdom of Saudi Arabia. The company operates in six home markets namely Australia, Saudi Arabia, South Africa, Sweden, UK and US. The group was founded in 1977.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.0000032.0000033.0000034.0000035.0000036.0000037.0000038.0000039.00000Detica Group PLC, located inSurrey, United Kingdom,provides business andtechnology consulting servicesthat specializes ininformation intelligence andfocuses on informationintensive areas of securityand resilience, fraudcontainment, risk management,regulatory compliance andcustomer management, forgovernment and commercialcustomers. It also hastechnology related operationsuch as data warehousing, dataanalytics, data quality,advance operational systems,web integration, enterprisecontent management, textmining, search and retrieval,and communication monitoring.The group also provides arange of business andtechnology consulting servicesfrom strategy formulation,through people and processchange, to the delivery andsupport of technologysolutions. The servicescomprise hardware productengineering and development,creative services, businessconsulting, technologyconsulting, systemsdevelopment and integration,operational support, andprogram and leadership. Thecompany was founded in 1977.Detica Group PLC, located in Surrey, United Kingdom,provides business and technology consulting services thatspecializes in information intelligence and focuses oninformation intensive areas of security and resilience,fraud containment, risk management, regulatory complianceand customer management, for government and commercialcustomers. It also has technology related operation such asdata warehousing, data analytics, data quality, advanceoperational systems, web integration, enterprise contentmanagement, text mining, search and retrieval, andcommunication monitoring. The group also provides a range ofbusiness and technology consulting services from strategyformulation, through people and process change, to thedelivery and support of technology solutions. The servicescomprise hardware product engineering and development,creative services, business consulting, technologyconsulting, systems development and integration, operationalsupport, and program and leadership. The company was foundedin 1977.Detica Group PLC, located in Surrey, United Kingdom, provides business and technology consulting services that specializes in information intelligence and focuses on information intensive areas of security and resilience, fraud containment, risk management, regulatory compliance and customer management, for government and commercial customers. It also has technology related operation such as data warehousing, data analytics, data quality, advance operational systems, web integration, enterprise content management, text mining, search and retrieval, and communication monitoring. The group also provides a range of business and technology consulting services from strategy formulation, through people and process change, to the delivery and support of technology solutions. The services comprise hardware product engineering and development, creative services, business consulting, technology consulting, systems development and integration, operational support, and program and leadership. The company was founded in 1977.0.000000.000000.00000116.37000NBritish Pound28 Jul 08Mon, 28 Jul 2008 00:00:00 ESTDate Announced: 07/28/2008Date Effective:MergerFriendly0.000000.000000.00000520.796000.000004.40000Price/Share0.00000512.045 British Pound512.04500509.70400523.137 British Pound523.137000.000000.000008.758008.75800523.13700523.137 British Pound1.99000N512.0450010.191000.000000.0000010.191000.000001019.174001019.1740016.2610016.6150020.6590034.035002.563000.000000.00000100.0000016.6900020.752006.1700034.187002.5750020.9070033.463002.520000.0000052.145000.000000.142001036.5930023.0770015.9430029.744000.00000168.1200036.311000.0000026.576000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.00000UK - BAE Systems PLC (BAE),through its undisclosed whollyowned subsidiary, agreed tolaunch a tender offer toacquire the entire ordinaryshare capital of Detica GroupPLC (DG), a Surrey-basedprovider of business andtechnology consultingservices, for 4.4 Britishpounds ($8.758 US) in cash pershare, or a total value of512.045 mil pounds ($1.019bil). The transaction wasconditioned upon at least 75%of the shares being tendered.BAE received irrevocableundertakings with respect to6.15% of the company'sordinary share capital. Upondeclaration of being whollyunconditional, BAE was toexercise its rights tocompulsorily acquire allremaining shares not tenderedpursuant to the offer andapply for the delisting of DGshares from the London StockExchange. The transaction wassubject to regulatoryapprovals.UK - BAE Systems PLC (BAE), through its undisclosed wholly owned subsidiary, agreed to launch a tender offer to acquire the entire ordinary share capital of Detica Group PLC (DG), a Surrey-based provider of business and technology consulting services, for 4.4 British pounds ($8.758 US) in cash per share, or a total value of 512.045 mil pounds ($1.019 bil). The transaction was conditioned upon at least 75% of the shares being tendered. BAE received irrevocable undertakings with respect to 6.15% of the company's ordinary share capital. Upon declaration of being wholly unconditional, BAE was to exercise its rights to compulsorily acquire all remaining shares not tendered pursuant to the offer and apply for the delisting of DG shares from the London Stock Exchange. The transaction was subject to regulatory approvals.UK - BAE Systems PLC (BAE), through its undisclosed wholly owned subsidiary, agreed tolaunch a tender offer to acquire the entire ordinary share capital of Detica Group PLC(DG), a Surrey-based provider of business and technology consulting services, for 4.4British pounds ($8.758 US) in cash per share, or a total value of 512.045 mil pounds($1.019 bil). The transaction was conditioned upon at least 75% of the shares beingtendered. BAE received irrevocable undertakings with respect to 6.15% of the company'sordinary share capital. Upon declaration of being wholly unconditional, BAE was toexercise its rights to compulsorily acquire all remaining shares not tendered pursuant tothe offer and apply for the delisting of DG shares from the London Stock Exchange. Thetransaction was subject to regulatory approvals.UK - BAE Systems PLC (BAE), through its undisclosed wholly owned subsidiary, agreed to launch a tender offer to acquire the entire ordinary share capital of Detica Group PLC (DG), a Surrey-basedprovider of business and technology consulting services, for 4.4 British pounds ($8.758 US) in cash per share, or a total value of 512.045 mil pounds ($1.019 bil). The transaction was conditioned uponat least 75% of the shares being tendered. BAE received irrevocable undertakings with respect to 6.15% of the company's ordinary share capital. Upon declaration of being wholly unconditional, BAE wasto exercise its rights to compulsorily acquire all remaining shares not tendered pursuant to the offer and apply for the delisting of DG shares from the London Stock Exchange. The transaction wassubject to regulatory approvals.UK - BAE Systems PLC (BAE), through its undisclosed wholly owned subsidiary, agreed to launch a tender offer to acquire the entireordinary share capital of Detica Group PLC (DG), a Surrey-based provider of business and technology consulting services, for 4.4 Britishpounds ($8.758 US) in cash per share, or a total value of 512.045 mil pounds ($1.019 bil). The transaction was conditioned upon at least75% of the shares being tendered. BAE received irrevocable undertakings with respect to 6.15% of the company's ordinary share capital.Upon declaration of being wholly unconditional, BAE was to exercise its rights to compulsorily acquire all remaining shares not tenderedpursuant to the offer and apply for the delisting of DG shares from the London Stock Exchange. The transaction was subject to regulatoryapprovals.$ 1,041.252 - Deutsche Bank AG - Adv$ 0.000 - UBS Investment Bank - ECM0.000000.00000Deutsche Bank AGUBS Investment Bank1.000002.00000Hoare Govett LtdErnst & Young LLP1.000002.00000$ 1,041.252 - Hoare Govett Ltd - Adv,F Opin$ 1,041.252 - Ernst & Young LLP - F Opin,Rep Board0.000000.00000Pending6002.00000892.0000014309.0000019693.000000.7320031.3450031.3450020.9340013.5410010.459000.0000084.7850025.209000.133000.095000.088000.064000.074000.1330084.7850084.7850066.8950045.6310033.132000.0000015.3020010.532009.551006.871000.0000015.3020022.6360014.8900011.419008.781000.0000022.63600203.18100156.11200101.5040071.027000.00000203.18100147.24000147.24000127.3300071.5690050.415000.00000Status:PendingSTG33.0830033.0830.111006.011006.01140.795000.0000018.0480041.482000.00000168.1200043.433000.0000016.3360020.312006.039007371:Computer programming services7373:Computer integrated systems design7374:Data processing services7376:Computer facilities management services7379:Computer related services,nec8748:Business consulting services, nec7583002LondonUnited Kingdom3721ForeignPublicBA.7371:Computer programming services7373:Computer integrated systems design7374:Data processing services7376:Computer facilities management services7379:Computer related services,nec8748:Business consulting services, nec760986002LondonTechUnited Kingdom7371ForeignPublicDCA1019.17400523.137001041.25200523.13700Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/fitch/390790_report_framefitch/390790_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.BAE Systems plc803600006/24/2008 10:15:00 AM010000000103000001030600425Full Rating ReportBA390790_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/cs/70818cs/70818norm BAE System #H## Tearsheet Solid cash flows, reduction in debt and unfunded pension liabilities and a disciplined approach to the capital structure have driven positive trend lines in credit metrics.BAE significantly reduced its exposure...70818489YesC21Tearsheet82tearsheets/premium7216/23/2008 1:05:35 PM15070818Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/fitch/422873_pr_framefitch/422873_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.BAE Systems plc803600006/6/2008 2:13:20 PM01000000010300000103060085Press ReleaseBA422873_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/spcred/647050spcred/647050normThe latest Summary from S&Pstructuredglobal5/7/2008 6:20:22 PM175Summary647050United KingdomAerospace & DefenseEmerging MarketsEurope, Middle East, AfricaAsiaLatin AmericaUnited StatesStructured FinanceGlobal IssuersAsset-Backed SecuritiesCollateralized Debt ObligationsFinancial InstitutionsCorporationsAerospace & DefenseSummaryThe ratings on BAE Systems PLC reflect its strong competitive positions in the global defense market, its participation in an industry with generally favorable credit characteristics, its good customer and geographic diversity, and an overall appropriate financial profile. These factors are offset by risks associated with potential additional acquisitions and likely slower growth in defense spending in some of the company's key markets. The ratings also incorporate Standard&Poor's Ratings Services' expectations that BAE Systems will continue to pursue a moderate financial policy and balanced capital allocation. London, U.K.-based BAE Systems is a major supplier of military aircraft; land combat vehicles and armaments; defense electronics, submarines, and surface combatants for the Royal Navy; and a variety of support services.GBR05523R20101010 201010 2010 20BAE Systems PLC108470EMERGINGEUROMIDAFRASIALATAMERICAUSABA/@LNSUMMARYSTRUCGLOBISSABSCDOFICORPAerospaceCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1762947ccbn/B1762947norm...Strategy that has been consistently applied and executed over a number of years has enabled the transition from recovery to long-term sustainable growth to be successfully achieved. ... 3/6/2008 4:08:00 PMBAE Systems Plc54.0000EditedPreliiminary 2007 BAE Systems Plc Earnings Conference Call SummaryBAESY11:00am UKTBriefB1762947Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1762947ccbn/T1762947norm... - BAE Systems Plc - Group Treasurer Good morning, ladies and gentlemen, and welcome to our #### preliminary results presentation for our banking group. I think most of you in the room probably know me, but for those of you who don't, my name is David Brent and I am Group Treasurer of the Company. And I have here today with me George Rose, the Finance Director. This presentation today was given to our analyst group a couple of weeks ago by George and Mike Turner, our CEO. Mike, in that presentation, spoke about the Group strategy and its operational performance in ####, and I am going to cover that aspect of the presentation today. George will then cover the financial results in detail. You will then get a chance to ask any questions you'd like to ask. I have a number of members of the treasury team here today as well. And we will have an informal session after that, where you can network or maybe ask questions in an informal setting over lunch. Could I also ask you, just before we get... 3/6/2008 10:06:00 AMBAE Systems Plc54.0000FinalPreliiminary 2007 BAE Systems Plc Earnings Conference Call TranscriptBAESY11:00am UKTTranscriptT1762947Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/bir/1094177bir/1094177normBAE Systems PLCCercom Inc.Bowen McLaughlin York (BMY)Food Machinery Corp. (FMC)United Defense L.P.United States Marine RepairUnited Defense L.P. Steel ProductsUnited Defense Industries Inc.United KingdomManufacturing: Military aircraft, surface ships, submarines, radar, avionics, communications, electronics and guided weapon systems. Communications systems, missiles and torpedoes and radars, communications networks, artillery, guided weapons, electro op3721348234833484348928923728381265193364113259203329923329933329943329953345113364135311909IMbaesy2/29/2008 6:16:00 AM1094177Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/ccbn/B1737681ccbn/B1737681norm...In the US, with growing proportion of revenue, Land Systems business is perhaps world's largest land system business. ... 2/21/2008 2:07:00 PMBAE Systems Plc54.0000EditedPreliminary 2007 BAE Systems Plc Earnings Conference Call (AM) SummaryBAESY9:00am UKTBriefB1737681Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/B1764082ccbn/B1764082norm...Results include five months' trading from the former Armor Holdings activities, following the completion of that transaction on ##/##/##. ... 2/21/2008 2:07:00 PMBAE Systems Plc54.0000EditedPreliminary 2007 BAE Systems Plc Earnings Conference Call (PM) SummaryBAESY3:00pm UKTBriefB1764082Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1764082ccbn/T1764082norm...Welcome to the BAE Systems preliminary results conference call on the ##st of February, ####. Throughout today's recorded presentation, all participants will be in a listen-only mode. After the presentation, there will be an opportunity to ask questions. (OPERATOR INSTRUCTIONS). I will now hand the conference over to George Rose. Please go ahead, sir. ... 2/21/2008 1:06:00 PMBAE Systems Plc54.0000FinalPreliminary 2007 BAE Systems Plc Earnings Conference Call (PM) TranscriptBAESY3:00pm UKTTranscriptT1764082Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/T1737681ccbn/T1737681norm... - BAE Systems plc - ChairmanGood morning, ladies and gentlemen. Good morning. Could I perhaps first ask anybody who's got a mobile phone that's on, like me, to turn it off? That would be just terrific. My role this morning is very simple, to welcome you here, and I do that. A warm welcome to each one of you to this #### results presentation. As usual firstly Mike and then George will go through the details. But just a couple of comments from me first of all. Firstly I think as we look at the results it is very pleasing to see very good profitability and very good growth. And the reason for that, of course, is two-fold. One, a very well thought out strategy, an evolving strategy but a well thought out strategy. And of course as always, no strategy is of any use whatever unless there's superbly clean execution. And the executive team, many of whom are here and in the audience, should be thanked for that fantastic clean execution. I think there are lots of high points, and Mike will pull... 2/21/2008 11:06:00 AMBAE Systems Plc54.0000FinalPreliminary 2007 BAE Systems Plc Earnings Conference Call (AM) TranscriptBAESY9:00am UKTTranscriptT1737681Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/fitch/371382_report_framefitch/371382_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.BAE Systems Holdings, Inc.BAE Systems Land & ArmamentsBAE Systems plcBombardier Capital Inc.Bombardier Inc.Denel (Pty) LimitedEuropean Aeronautic Defence and Space Co., (EADS)Finmeccanica Finance S.A.Finmeccanica SpAGoodrich CorporationHoneywell Holding B.V.Honeywell International Inc.L-3 Communications CorporationLockheed Martin CorporationNorthrop Grumman CorporationRaytheon CompanyRockwell Collins, Inc.Textron Financial CorporationTextron, Inc.Thales S.A.The Boeing CompanyUnited Technologies Corporation80089052800890538008928880090456800904578009054280090569800907308009094880091072800911488009115680091182800915378009175680360000803607088036171680362335804171798042056880504418805065928082817981016496816589202/7/2008 6:33:00 PM01000000010101000101020001010207010300000103060001031500250Special ReportBABBD.BCOLEADFNCGRHOHONLMTNOCRTNTXTUTX371382_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/COP_115600moodys/COP_115600htmlGlobal Credit Research Credit Opinion ## JUN #### Credit Opinion: BAE SYSTEMS plc BAE SYSTEMS plc Farnborough, United Kingdom Ratings Category Moody's Rating Outlook Stable Issuer Rating Baa# Bkd Sr Unsec Bank Credit Facility Baa#...1/3/2008 7:54:00 PMhtmlBAE SYSTEMS plcBAE SYSTEMS plc115600150.0000NewsCredit OpinionCOP_115600Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_62657_600051350moodys/PR_62657_600051350htmlRating Action12/21/2007 4:58:16 AMGlobal Credit Research Rating Action ## DEC #### Rating Action: BAE Systems Holdings Inc. MOODY'S PLACES THE LONG- AND SHORT-TERM DEBT RATINGS OF BAE SYSTEMS PLC UNDER REVIEW FOR POSSIBLE DOWNGRADE (SR. AT A#) Approximately $# Billion...BAE Systems Holdings Inc.600051350150.00Newshtml115600BAE SYSTEMS plc115500BAE Systems Finance Inc.BAE Systems Finance Inc.; BAE Systems Holdings Inc.; BAE SYSTEMS plcPR_62657_600051350Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_76937moodys/PBC_76937pdfAnalysis12/21/2007 4:55:11 AM... BAE is a leading global aerospace and defense company with a healthy portfolio of businesses across both sec- tors. Acquisition strategy has strengthened the company's global position and its participation in the growth U.S. defense market. Strategic alliances and joint ventures with U.S. companies provide an opportunity for even more business - for example, the F-## (Joint Strike Fighter) program. BAE's balance sheet is expected to remain strong (excluding acquisition activity). Strong backlog of relatively firm contracts provides a solid base for sales going forward. ... BAE SYSTEMS plc115600300.00AnalysispdfBAE SYSTEMS plcPBC_76937Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/609719spcred/609719normThe latest Full Report from S&P10/25/2007 6:36:55 PMFull Report400globalstructured609719United KingdomAerospace & DefenseAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesCollateralized Debt ObligationsFinancial InstitutionsAerospace & DefenseFull ReportLeading international defense contractor, with a portfolio of diverse, high-priority programs and a substantial order backlog; Generally favorable defense industry credit characteristics; and Good liquidity. Potential for additional acquisitions; and Growth of defense spending in some markets could slow in future years. The ratings on BAE Systems PLC reflect its strong competitive positions in the global defense market, its participation in an industry with generally favorable credit characteristics, its good customer and geographic diversity, and an overall appropriate financial profile. These factors are offset by risks associated with potential additional acquisitions and likely slower growth in defense spending in some of the company's key markets. The ratings also incorporate Standard&Poor's Ratings Services' expectations that the firm will continueGBR05523R20101010 201010 2010 20BAE Systems PLC108470ASIAEMERGINGEUROMIDAFRLATAMERICAUSABA/@LNFULLGLOBISSSTRUCCORPABSCDOFIAerospaceCredit & Investment ResearchS&P Credit Research