1.
BAE Systems
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BAE Systems plc is a British multinational defence, security, and aerospace company. Its headquarters are in London in the United Kingdom and it has operations worldwide and it is among the worlds largest defence companies, it was ranked as the third-largest based on applicable 2015 revenues. Its largest operations are in the United Kingdom and United States, other major markets include Australia, India and Saudi Arabia. The company was formed on 30 November 1999 by the £7. V, since its formation it has made a number of acquisitions, most notably of United Defense and Armor Holdings of the United States, and sold its shares in Airbus, Astrium, AMS and Atlas Elektronik. BAE Systems is listed on the London Stock Exchange and is a constituent of the FTSE100 Index, BAE Systems was formed on 30 November 1999 by the £7.7 billion merger of British Aerospace and Marconi Electronic Systems. As a result, BAE Systems is the successor to many of the most famous British aircraft, defence electronics, British Aerospace was a civil and military aircraft manufacturer, as well as a provider of military land systems. The company had emerged from the consolidation of UK aircraft manufacturers since World War II. British Aerospace was formed on 29 April 1977 by the nationalisation and merger of The British Aircraft Corporation, both BAC and Hawker Siddeley were themselves the result of various mergers and acquisitions. Marconi Electronic Systems was the subsidiary of British engineering firm The General Electric Company, dealing largely in military systems integration, as well as naval. Marconis heritage dates back to Guglielmo Marconis Wireless Telegraph & Signal Company, GEC purchased English Electric in 1968 and thereafter used the Marconi brand for its defence businesses. GECs own defence heritage dates back to World War I, when its contribution to the war effort included radios, World War II consolidated this position, as the company was involved in important technological advances, notably the cavity magnetron for radar. Between 1945 and 1999, GEC-Marconi/Marconi Electronic Systems became one of the worlds most important defence contractors, in June 1998, MES acquired Tracor, a major American defence contractor, for £830 million. In June 1997 British Aerospace Defence managing director John Weston commented Europe, is supporting three times the number of contractors on less than half the budget of the U. S. European governments wished to see the merger of their defence manufacturers into a single entity, as early as 1995 British Aerospace and the German aerospace and defence company DaimlerChrysler Aerospace were said to be keen to create a transnational aerospace and defence company. The two companies envisaged including Aérospatiale, the other major European aerospace company, but only after its privatisation, as well as Airbus, British Aerospace and DASA were partners in the Panavia Tornado and Eurofighter Typhoon aircraft projects. A merger was agreed between British Aerospace chairman Richard Evans and DASA CEO Jürgen Schrempp in December 1998, meanwhile, GEC was also under pressure to participate in defence industry consolidation. GEC favours forging a national champion defence group with BAe to compete with the giant US organisations, when GEC put MES up for sale on 22 December 1998, British Aerospace abandoned the DASA merger in favour of purchasing its British rival. The merger of British Aerospace and MES was announced on 19 January 1999, Evans stated that in 2004 that his fear was that an American defence contractor would acquire MES and challenge both British Aerospace and DASA
2.
Wellington, Florida
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Wellington is a village just west of West Palm Beach in Palm Beach County, Florida, United States. As of 2014, the city had a population of 61,485 according to the U. S. Census Bureau and it is the fifth largest municipality in Palm Beach County by population. Wellington is part of the South Florida Metropolitan Statistical Area, Wellington was named Money Magazines Top 100 Best Places to Live in 2010. Although Wellington is not a village under any definition of the term village in the US. In the 1950s, Mr. Wellington bought 18,000 acres of central Palm Beach County swampland and it has now become known as an international center for equestrian sports. Wellington is located at 26°39′18″N 80°15′15″W, according to the United States Census Bureau, the village has a total area of 31.4 square miles, of which 31.0 square miles is land and 0.3 square miles is water. B/E Aerospace has its headquarters in Wellington. As of 2010, there were 22,685 households, with 13. 3% being vacant,13. 2% of all households were made up of individuals and 4. 0% had someone living alone who was 65 years of age or older. The average household size was 2.95 and the family size was 3.25. In 2000, the village the population was out with 31. 0% under the age of 18,5. 8% from 18 to 24,29. 7% from 25 to 44,24. 6% from 45 to 64. The median age was 37 years, for every 100 females there were 95.5 males. For every 100 females age 18 and over, there were 91.6 males, as of 2015, the median income for a household in the village was $77,233. The per capita income for the village was $40,726, about 2. 9% of families and 4. 3% of the population were below the poverty line, including 4. 2% of those under age 18 and 3. 8% of those age 65 or over. As of 2000, Wellington had the eighty-fifth highest percentage of Cuban residents in the US, the Village of Wellington has the following parks, Wellington provides a number of ball fields. Beach activities are around an hours drive time, due east. For variety, from Wellington one can access Fort Lauderdale less than one hour away or travel to South Beach approximately a one, Wellington is known for its equestrian community and hosting equestrian events, notably show jumping, hunting, dressage and polo. Wellington is host to the Winter Equestrian Festival, the largest and longest running show in the world from January to April. It holds more than forty weeks of equestrian competitions per year, a new expansion includes the Global Dressage Festival
3.
Amin Khoury
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Amin Khoury is an American businessman who has founded and developed companies in the scientific instrument, medical services, medical devices and semi-conductor process equipment businesses. Khoury founded Taghleef Industries Inc and served as the Chairman from October 1986 to March 2005 and he also served as President from August 1988 to November 1992 and as Chief Executive Officer from October 2002 to March 2005. Amin Khoury co-founded B/E Aerospace Inc in July 1987, an investment group led by Khoury purchased Bach Engineering, a company that manufactured passenger control units for airline seats, in 1987. In 1989, the group purchased EECO Avionics, their primary competitor and this formed B/E Avionics and the company went public in 1990. The company changed its name to B/E Aerospace in 1992, Khoury has been a Director at B/E since founding it in 1987. He served as the Chief Executive Officer from July 1987 to April 1996 and he is the Executive Chairman of the Board, serving in that capacity since December 2014. Between 1986 to April 2012, Amin Khoury served non-executive Director at Synthes Inc. a medical device manufacturer and he was also a director at Johnson & Johnson. Between July 1994 to May 2006, Khoury was the Lead Independent Director at Brooks Automation, Amin Khoury co-founded co-founded Advanced Thermal Sciences in July 2000 and served as the chief executive officer. He now serves as chairman and a director, Khoury is the CEO and Chairman of KLX Inc, a provider of aerospace fasteners, consumables, and logistics services. Khoury is an advisor at D2K Equity Partners, Khoury is involved with numerous charitable organizations. He was a Trustee of the Scripps Research Institute from May 2008 until July 2014 and he also serves on the board of directors of the Raymond F. Kravis Center for the Performing Arts and is the chair of the centers Investment Committee. Khoury and his wife established the Amin and Julie Khoury Endowed Scholarship at Northeastern University, Amin Khoury holds bachelors and masters degrees in chemistry from Northeastern University. He graduated summa cum laude from Northeastern with a degree in business administration. He was also awarded the universitys prestigious Medallion Achievement Award
4.
United States dollar
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The United States dollar is the official currency of the United States and its insular territories per the United States Constitution. It is divided into 100 smaller cent units, the circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars. The U. S. dollar was originally commodity money of silver as enacted by the Coinage Act of 1792 which determined the dollar to be 371 4/16 grain pure or 416 grain standard silver, the currency most used in international transactions, it is the worlds primary reserve currency. Several countries use it as their currency, and in many others it is the de facto currency. Besides the United States, it is used as the sole currency in two British Overseas Territories in the Caribbean, the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while the country mints its own coins, or also accepts U. S. coins that can be used as payment in U. S. dollars. After Nixon shock of 1971, USD became fiat currency, Article I, Section 8 of the U. S. Constitution provides that the Congress has the power To coin money, laws implementing this power are currently codified at 31 U. S. C. Section 5112 prescribes the forms in which the United States dollars should be issued and these coins are both designated in Section 5112 as legal tender in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar, the pure silver dollar is known as the American Silver Eagle. Section 5112 also provides for the minting and issuance of other coins and these other coins are more fully described in Coins of the United States dollar. The Constitution provides that a regular Statement and Account of the Receipts and that provision of the Constitution is made specific by Section 331 of Title 31 of the United States Code. The sums of money reported in the Statements are currently being expressed in U. S. dollars, the U. S. dollar may therefore be described as the unit of account of the United States. The word dollar is one of the words in the first paragraph of Section 9 of Article I of the Constitution, there, dollars is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales. In 1792 the U. S. Congress passed a Coinage Act, Section 20 of the act provided, That the money of account of the United States shall be expressed in dollars, or units. And that all accounts in the offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. In other words, this act designated the United States dollar as the unit of currency of the United States, unlike the Spanish milled dollar the U. S. dollar is based upon a decimal system of values. Both one-dollar coins and notes are produced today, although the form is significantly more common
5.
Rockwell Collins
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Arthur Collins founded Collins Radio Company in 1933 in Cedar Rapids, Iowa. It designed and produced both shortwave radio equipment and equipment for the burgeoning AM Broadcast industry, Collins was solicited by the military, the scientific community and by the larger AM radio stations for special equipment. Collins supplied the equipment to establish a link with the South Pole expedition of Rear Admiral Richard Byrd in 1933. In 1936, Collins had begun production of the 12H audio console, 12X portable field announcers box, throughout World War II, the 212A1 and 212B1 replaced the 12H design. Collins became the supplier of radio and navigation equipment used in the military. In the post war years, the Collins Radio Company expanded its work in all phases of the field while broadening its technology. This moved Arthur Collins into an active role as CEO guiding department leaders holding significant responsibilities. New developments such as flight instruments, radio communication devices. Collins communications equipment was used for Projects Mercury, Gemini and Apollo, in 1973, the U. S. Skylab Program used Collins equipment to provide communication from the astronauts to earth. After facing financial difficulties, the Collins Radio Company was purchased by Rockwell International in 1973, in 2001 the avionics division of Rockwell International was spun off to form the current Rockwell Collins, Inc. retaining its name. Rockwell Collins is highly concentrated in the defense and commercial avionics markets, the Collins mechanical filter is still in production and does, however, find consumer and commercial use. On December 20,2000, Rockwell Collins expanded its services to commercial, on April 28,2000, Rockwell International Corp and its Rockwell Collins unit agreed to acquire Sony Corps Sony Trans Com for undisclosed terms. The company has acquired companies, including Hughes-Avicoms in-flight entertainment business, Sonys in-flight entertainment business. NLX in 2003, portions of Evans & Sutherland, TELDIX GmbH, IP Unwired, Air Routing International in 2010, Computing Technologies for Aviation in 2011, and ARINC in 2014. The company is among the suppliers of in-flight entertainment on board aircraft. Rockwell Collins key competitors in this industry include Panasonic Avionics Corporation, Thales Group, as of 2010, the company employs over 20,000 people and has an annual turnover of 4.665 billion US dollars. Its non-executive chairman is Anthony Carbone following the retirement of Clayton M. Jones, in September 2012, Kelly Ortberg was appointed as president of the company. In August 2013, Kelly Ortberg was appointed CEO of Rockwell Collins, in 2016, Rockwell Collins entered the cabin interiors market through acquisition of B/E Aerospace for $8.3 billion
US$2.933 billion (2016)[2]
