BAE Systems plc (LSE: BA.) is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the second-largest based on revenues. It was formed on 30 November 1999 by the £7.7 billion merger of two British companies, Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), and aircraft, munitions and naval systems manufacturer British Aerospace (BAe).  BAE Systems is the successor to various aircraft and defence electronics companies, including The Marconi Company, the first commercial company devoted to the development and use of radio; A.V. Roe and Company, one of the world's first aircraft companies; de Havilland, manufacturer of the world's first commercial jet airliner; British Aircraft Corporation, co-manufacturer of the Concorde supersonic transport; and Supermarine, manufacturer of the Spitfire. Since its formation it has sold its shares in Airbus, Astrium, AMS and Atlas Elektronik, and made

BAE Systems Inc. employees are provided with several pension and welfare benefits. Countless businesses in the United States, like BAE Systems Inc., sponsor health benefits for their employees, through which a large percentage of each worker's health insurance premium is funded by their employer. These contributions are tax deductible for companies and tax-free for workers. BAE Systems Inc. offers health, dental, and vision coverage. BAE Systems Inc. also provides long-term disability insurance, death benefits, which cover certain causes of death, group life insurance, and short-term disability insurance for accidents or illness. To help secure a steady flow of income later in life, countless employees avail themselves of employer-funded pension plans. BAE Systems Inc. provides defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit retirement plans pay retirees a fixed amount upon retirement. With a defined contribution pension plan, employers help workers save and invest for retirement.

Nashua, New Hampshire; United States

San Diego, California; United States

Norfolk, Virginia; United States

Washington, District of Columbia; United States

Merrimack, New Hampshire; United States

Fort Walton Beach, Florida; United States

Jacksonville, Florida; United States

Median Hourly Rate by Degree/Major Subject

Bachelor of Science (BS / BSc)

Associate of Applied Science (AAS)

Bachelor of Arts (BA)

Bachelor of Science, Mechanical Engineering (BSME)

Master of Science (MS)

Associate of Science (AS)

Bachelor of Science, Electrical Engineering (BSEE)

Graduate Certificate, Welding Technology

Certificate (Cert)

Bachelor of Business Administration (BBA)

Bachelor of Business (BB)

Bachelor of Engineering Technology (BET)

Bachelor's Degree

Associate of Arts (AA)

Male

Female

Engineering Technician

Electronics Technician

Welder

Geospatial Analyst

Mechanical Technician

Quality Assurance (QA) / Quality Control (QC) Inspector

Intelligence Analyst

Less than 1 year

1-4 years

5-9 years

10-19 years

20 years or more

Booz, Allen, and Hamilton

Universal Instruments Corporation

Lockheed Martin Corp

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Average Hourly Rate for BAE Systems Inc. Employees

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