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Systems was sold to Matra Marconi Space. In 1998 BAe's shareholding of Orange plc was reduced to 5%. The Orange shareholding was a legacy of the 30% stake in Hutchison Telecommunications (UK) Ltd when Hutchison exchanged its own shares for a mobile phone company (Microtel Communications Ltd)...
It is an honour to join the Board and be asked to succeed Sir Roger as Chair next year. BAE Systems plays a key role in defence and security both in the UK and internationally. I very much look forward to working with Charles and the other Board members through the next phase of the...