what does the acronym bae systems stand for
BAE Systems Inc. The company was created on November 30, 1999. On this date Marconi Electronic Systems (MES) and British Aerospace (BAe) merged to form BAE Systems. Their respective subsidiaries in the USA, Marconi North America and British Aerospace North America, were similarly merged to form BAE Systems North America.
International Accounting Standards Board The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC). It is responsible for developing International Financial Reporting Standards (IFRS), previously known as International Accounting Standards (IAS) and promoting the use and application of these standards.