BAE Systems x British Aerospace

BAE Systems, formerly known as British Aerospace, is a global company engaged in the development, delivery and support of advanced defence and aerospace systems in the air, on land and at sea.

British Aerospace was formed in 1977, under the Aircraft and Shipbuilding Industries Act when British Aircraft Corporation was nationalised along with the Hawker Siddeley Group and Scottish Aviation.

BAE Systems operates a number of pension schemes, some of which are now closed to new members. This includes the BAE Systems Pension Scheme (Levels 125,167, 187 and 200), the 2000 Plan and the Royal Ordnance Scheme which were closed to new members from 5 April 2003.