As a reult of a hard look the company has taken at its business segments, BAE Systems Land and Armaments has decided to realign its operations. The announcement comes as the result of a strategic review which took a look at Land and Armaments’ markets, competitive positioning, and the "potential for realizing growth," the company said in an email.
Initial comments weren’t exactly clear on what the company was doing, but a BAE Systems spokesperson reached by email gives a brief rundown of what this all means. In all, it looks to be realigning under four main segments:
U.S. Combat Systems. It will focus on the U.S. Department of Defense, centering on ITAR-controlled U.S. products and FMS sales. Largely comprising elements of the former Ground Systems and Armament Systems businesses, the president of the Rosslyn, Va.-based activity will be Gary Slack.
Global Combat Systems. The focus will be on global customers. The grouping brings together the former Land Systems activities in the U.K. and BAE's Swedish operations at Bofors, C-ITS and Hagglunds. David Allott will be the managing director of the Farnborough, U.K.-based business.
Global Tactical Systems. Pulls together the former Mobility and Protection Systems' medium/heavy vehicles business in Sealy, Texas, and the Land Systems business in South Africa, with a remit to sell tactical trucks worldwide. Dennis Morriss will be president of the Houston-headquartered operations.
Security & Survivability. The Fairfield, Ohio-based business will be headed by Tony Russell as president to provide security and support services globally. The operation includes the former Mobility and Protection Systems' Vehicle Armor, Individual Equipment and Occupant Protection businesses.
More soon on this, pinning down the reasons for the moves, the effect of the economic downturn on the company’s motives, (if any) and what this means for the segments going forward.