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British Aerospace
British Aerospace plc (BAe) was a British aircraft manufacturer, aircraft, munitions and defence-systems manufacturer that was formed in 1977. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. It purchased Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of the General Electric Company, in 1999 to form BAE Systems. History Formation and privatisation The company has its origins in the Aircraft and Shipbuilding Industries Act 1977, which called for the nationalisation and merger of the British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics and Scottish Aviation. On 29 April 1977, the new entity was formed in the United Kingdom as a statutory corporation. Under the provisions of the British Aerospace Act 1980 (c. 26), on 1 January the statutory corporation was transferred to a limited company, which then re-registered as a public limited company (plc), under the nam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statutory Corporation
A statutory corporation is a corporation, government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, but they are corporations owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the federal Department of Finance (Australia), Department of Finance's glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory auth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalisation
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hawker Siddeley HS 748
The Hawker Siddeley HS 748 (formerly Avro HS 748) is a medium-sized turboprop airliner originally designed and initially produced by the British aircraft manufacturer Avro. It was the last aircraft to be developed by Avro prior to its absorption into Hawker Siddeley. The HS 748 was developed during the late 1950s as a move to re-orient the company towards the civil and export markets. Powered by the popular Rolls-Royce Dart turboprop engine, it was specifically designed as a modern feederliner to act as a replacement for the aging Douglas DC-3s then in widespread service. Originally intended to seat a smaller number of passengers, market research indicated that a seating capacity of around 40 passengers would be optimal for the type. As a means to differentiate the new airliner from competitors, it was designed to possess a high level of performance, including its STOL, short takeoff and landing (STOL) capabilities and overall ruggedness. First flying on 24 June 1960, the series ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hawker Siddeley Harrier
The Hawker Siddeley Harrier is a British jet-powered attack aircraft designed and produced by the British aerospace company Hawker Siddeley. It was the first operational ground attack and reconnaissance aircraft with vertical/short takeoff and landing (V/STOL) capabilities and the only truly successful V/STOL design of its era. It was the first of the Harrier series of aircraft, being developed directly from the Hawker Siddeley Kestrel prototype aircraft following the cancellation of a more advanced supersonic aircraft, the Hawker Siddeley P.1154. In the mid 1960s, the ''Harrier GR.1'' and ''GR.3'' variants were ordered by the British government for the Royal Air Force (RAF). The Harrier GR.1 made its first flight on 28 December 1967, and entered RAF service in April 1969. During the 1970s, the United States opted to procure the aircraft as the ''AV-8A''; it was operated by the US Marine Corps (USMC). Introduced to service amid the Cold War, the RAF positioned the bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Aerospace 125
The British Aerospace 125 is a twinjet mid-size business jet. Originally developed by de Havilland and initially designated as the DH.125 Jet Dragon, it entered production as the Hawker Siddeley HS.125, which was the designation used until 1977. Later on, more recent variants of the type were marketed as the Hawker 800. More than 60% of the total sales of the aircraft were to North American customers.Jerram, Mike"The last de Havilland."''Flying Magazine'', 120 (9). p. 43. It was also used by the Royal Air Force as a navigation trainer, as the Hawker Siddeley Dominie T1, and was operated by the United States Air Force as a calibration aircraft, under the designation C-29. Development Origins In 1961, de Havilland began work upon a small business jet, then known as the ''DH.125 Jet Dragon'', which was intended to replace the piston engined de Havilland Dove, a successful business aircraft and light transport. Prior to the start of the project, de Havilland had determined t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Aerospace Jetstream
The British Aerospace Jetstream is a small twin turboprop airliner, with a Cabin pressurisation, pressurised fuselage, developed as the ''Jetstream 31'' from the earlier Handley Page Jetstream. A larger version of the Jetstream was also manufactured, the British Aerospace Jetstream 41. Development Scottish Aviation had taken over production of the original Jetstream design from Handley Page, and when it was nationalised along with other British companies into British Aerospace (later BAE Systems) in 1978, British Aerospace decided the design was worth further development, and started work on a "Mark 3" Jetstream. As with the earlier 3M version for the USAF, the new version was re-engined with newer Garrett turboprops (now Honeywell TPE331) which offered more power (flat rated to 1,020 Shaft horsepower, shp/760 kW with a thermodynamic limit of 1,100 shp/820 kW) and longer overhaul intervals over the original Turbomeca Astazou engines. This allowed the aircra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handley Page Jetstream
The Handley Page HP.137 Jetstream is a small twin-turboprop airliner, with a pressurised fuselage. The aircraft was designed to meet the requirements of the United States commuter and regional airline market. The design was later improved and built by British Aerospace as the BAe Jetstream 31 and BAe Jetstream 32, featuring different turboprop engines. Development Handley Page was in an awkward position in the 1960s, wishing to remain independent of the "big two" British companies (Hawker Siddeley and the British Aircraft Corporation), but without the money needed to develop a large new airliner that would keep it in the market. After studying the market it decided that its next product would be a highly competitive small airliner instead, filling a niche it identified for a 12–18 seat high-speed design. Compared to its three closest rivals, the Beechcraft King Air, Aero Commander Turbo Commander and Swearingen Merlin it offered "more capacity, better range-payload, higher ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Panavia Tornado
German(s) may refer to: * Germany, the country of the Germans and German things **Germania (Roman era) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizenship in Germany, see also German nationality law **Germanic peoples (Roman era) *German diaspora * German language * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (disambiguatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hansard
''Hansard'' is the transcripts of parliamentary debates in Britain and many Commonwealth of Nations, Commonwealth countries. It is named after Thomas Curson Hansard (1776–1833), a London printer and publisher, who was the first official printer to the Parliament of the United Kingdom, Parliament at Westminster. Origins Though the history of the ''Hansard'' began in the British Parliament, each of Britain's colonies developed a separate and distinctive history. Before 1771, the British Parliament had long been a highly secretive body. The official record of the actions of the House was publicly available but there was no record of the debates. The publication of remarks made in the House became a breach of parliamentary privilege, punishable by the two Houses of Parliament (UK), Houses of Parliament. As the populace became interested in parliamentary debates, more independent newspapers began publishing unofficial accounts of them. The many penalties implemented by the governmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veto
A veto is a legal power to unilaterally stop an official action. In the most typical case, a president (government title), president or monarch vetoes a bill (law), bill to stop it from becoming statutory law, law. In many countries, veto powers are established in the country's constitution. Veto powers are also found at other levels of government, such as in state, provincial or local government, and in international bodies. Some vetoes can be overcome, often by a supermajority vote: Veto power in the United States, in the United States, a two-thirds vote of the United States House of Representatives, House and United States Senate, Senate can override a presidential veto.Article One of the United States Constitution#Clause 2: From bills to law, Article I, Section 7, Clause 2 of the United States Constitution Some vetoes, however, are absolute and cannot be overridden. For example, United Nations Security Council veto power, in the United Nations Security Council, the five per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golden Share
In business and finance, a golden share is a type of share of stock that lets its owner outvote all other shareholders in certain circumstances. Golden shares often belong to the government when a government-owned company is undergoing the process of privatization and transformation into a stock-company. Purpose This share gives the government organization, or other shareholder, the right of decisive vote in a shareholder meeting. Usually this will be implemented through clauses in a company's articles of association, and will be designed to prevent stakebuilding above a certain percentage ownership level, or to give a government, or other shareholder, veto powers over any major corporate action, such as the sale of a major asset or subsidiary or of the company as a whole. In the context of government-owned golden shares, this share is often retained only for some defined period of time to allow a newly privatised company to become accustomed to operating in a public environmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
