Page 1: Introduction
British Aerospace is a world leader in aerospace and defence with annual sales exceeding £8 billion and an order book of more than £22 billion. The Company employs more than 46,000 people in the design, development, manufacture and testing of civil and military aircraft, guided weapon systems, artillery and ammunition, together with other high technology systems and equipment.
Over 80% of its sales are exported to over 70 countries and the Company has collaborative links with 28 major international partnerships, covering more than 50 individual high technology defence and aerospace programmes. British Aerospace’s strength lies in its ability to provide total solutions to the most demanding customer requirements on land, at sea and in the air. This case study focuses on one small division of British Aerospace - Asset Management. British Aerospace Asset Management is responsible for the management, sales and leasing of a world-wide portfolio of over 400 regional jet and turboprop airliners.