Report: BAE to Name COO Charles Woodburn as Chief Executive

Charles Woodburn

BAE Systems plans to formally appoint Chief Operating Officer Charles Woodburn as CEO  of the British defense contractor before the year ends, Sky News reported Monday.

Mark Kleinman writes BAE’s board of directors could announce their selection of Woodburn to succeed CEO Ian King before or in conjunction with the Feb. 23 release of the company’s full-year financial results.

Woodburn, a two-decade veteran of the oil and gas industry, has been considered as King’s possible successor since the former joined the company last year.

In September, Woodburn assumed leadership of BAE’s defense operations and cybersecurity businesses in the U.K. and its Applied Intelligence subsidiary in addition to his duties as COO.

He previously led oilfield services company Expro as CEO for five years after a 15-year career at Schlumberger.

Check Also

fuel supply

DLA Selects 10 Awardees for Fuel Supply IDIQs 

Ten companies have each received indefinite-delivery/indefinite-quantity contracts to provide various fuel types to support designated Defense Logistics Agency missions.

BAE Systems

BAE Closes Purchase of Collins Aerospace’s Military GPS Business

BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday.