Tag Archives: Ian King

BAE COO Charles Woodburn to Become CEO in July

Charles Woodburn, chief operating officer at BAE Systems, will officially assume the chief executive role after Ian King retires from the British defense company at the end of June. “Since his appointment last year, Charles has made an important contribution to the company, bringing impeccable engineering credentials, broad international experience and fresh …

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Report: BAE to Name COO Charles Woodburn as Chief Executive

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 …

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Reports: COO Charles Woodburn to Take Charge of BAE’s UK Defense, Cyber Businesses

BAE Systems Chief Operating Officer Charles Woodburn will assume responsibility for the British contractor’s defense operations and cybersecurity subsidiary in the U.K. ahead of CEO Ian King’s anticipated retirement in 2017, Reuters reported Wednesday. Sarah Young writes a BAE spokeswoman told Reuters the company has informed employees that Woodburn will manage the …

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Bloomberg: BAE COO Charles Woodburn to Start Preparations for CEO

BAE Systems PLC Chief Operating Officer Charles Woodburn will start a series of meetings with clients and suppliers sometime in October or November as part of preparations to succeed Ian King as CEO of the British defense contractor, Bloomberg reported Wednesday. Benjamin Katz and David Hellier report that Woodburn will assume a bigger role with outside stakeholders while King will …

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Energy Sector Vet Charles Woodburn Named BAE COO; Roger Carr Comments

Charles Woodburn, a 20-year oil and gas industry veteran and former CEO of oilfield services company Expro, has joined BAE Systems as chief operating officer. He will report directly to CEO Ian King and will also join BAE’s board as an executive director in the second quarter of 2016, the company said Monday. Woodburn …

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November 12 Market Close: GovCon Index, US Stocks Plunge on Earnings & Continued Fed Watch

The GovCon Index mirrored the larger selloff and economic growth concerns in U.S. stock markets Thursday with a decline of 1.988 percent to 75.961. Shares in BAE Systems — the Index’s only gainer — climbed 3.3 percent to $27.51 on U.S. over-the-counter markets after the defense contractor said it would retain its U.S. information technology and government services business after a …

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Reuters: Veritas Capital Bids to Acquire BAE’s US Staffing, IT Services Businesses

(NOTE: This summary was published prior to BAE Systems PLC’s announcement that it would not undertake the sale described in this story. Please click here to read our subsequent report on that announcement) Veritas Capital is in advanced negotiations to purchase BAE Systems‘ business units that offer manpower and information technology …

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Sky News: BAE Chair Asks Recruiter to Start Search for Future CEO Candidates

BAE Systems PLC Chairman Sir Roger Carr has asked a recruiter to start a search for potential candidates to succeed Ian King as CEO of the British defense contractor, Sky News reported Saturday. Mark Kleinman writes executive search and consulting firm Spencer Stuart has started to look for possible successors to King through what Sky called …

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BAE’s US Arm Inks Deal for Eclipse Electronic Systems, Parent Closes SilverSky Buy

BAE Systems Inc. — the British defense contractor’s U.S. subsidiary — has agreed to acquire Eclipse Electronic Systems from Esterline Corp. for nearly $28 million cash in order to add new intelligence, surveillance and reconnaissance products to BAE’s portfolio. The transaction is scheduled to complete in the first quarter of 2015 and is pending regulatory approvals, BAE said Thursday. Dallas-based …

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Ian King: BAE-Dassault Team Awarded $192M for Anglo-French Combat Aircraft Research

A BAE Systems and Dassault Aviation partnership has been awarded a $192 million contract to perform a feasibility study of the U.K. and France’s proposed combat aerial vehicles. The companies will perform the research to help the governments of France and U.K. define requirements for the countries’ Future Combat Air …

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