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News Release

BAE SYSTEMS Names Walter Havenstein As Executive Vice President

08 Sep 2003

BAE Systems North America has named Walter P. Havenstein as its executive vice president, effective immediately. In this newly created position, Havenstein will be responsible for directing and integrating several key functional areas of the business, including operations, engineering, strategy and finance. He will report to Mark Ronald, president and CEO.

In announcing the appointment, Ronald said, Im extremely pleased that Walt will be joining the North America corporate staff. He will move us quickly towards a more integrated enterprise and improve the efficiency and effectiveness of the organisation.

Walt had a very successful tenure at our Information and Electronic Warfare Systems (IEWS) business unit. I look forward to Walt's leadership, experience and knowledge of our industry in his performance of this key role.

Havenstein served as president of the Nashua, N.H., IEWS unit - and the former Sanders unit - since May 1999. Before joining Sanders as executive vice president in February 1999, he was vice president and general manager of the Strategic Systems Division for the Command, Control, Communication and Information Systems (C3I) Segment of the Raytheon Systems Company, Falls Church, Virginia.

Havenstein joined Raytheon (E-Systems) in 1991 as director of business development for the Communications Manufacturing Division and advanced through positions of increasing responsibility including vice president and general manager of the Surveillance and Control Division and vice president for Tactical Data Systems. He previously served in business development and program management positions at the ITT Aerospace and Communications Division.

Havenstein holds a bachelors degree in aerospace engineering from the U.S. Naval Academy and a masters degree in electrical engineering from the Naval Postgraduate School. He served on active duty in the U.S. Marine Corps from 1971 to 1983, specialising in tactical communications and systems acquisition management, and completed his career in the Marine Corps Reserve in 2001. Havenstein is a member of the Marine Corps Association, Navy League, and the Armed Forces Communications and Electronics Association. He is also on the editorial board of the Association of Old Crows Journal of Electronic Defense, and on the Board of Directors of the New England Council, New Hampshires Business and Industry Association, and the Marine Corps Scholarship Foundation.

About BAE SYSTEMS:


BAE Systems is an international company engaged in the development, delivery and support of advanced defence and aerospace systems in the air, on land, at sea and in space. The company designs, manufactures and supports military aircraft, surface ships, submarines, radar, avionics, communications, electronics and guided weapon systems. It is a pioneer in technology with a heritage stretching back hundreds of years. It is at the forefront of innovation, working to develop the next generation of intelligent defence systems. BAE Systems has major operations across five continents and customers in some 130 countries. The company has 100,000 people and generates annual sales of approximately 12 billion through its wholly owned and joint venture operations.

BAE Systems North America is a high-technology U.S. company employing more than 25,000 people who live and work in some 30 states, the District of Columbia, and the United Kingdom. The company is dedicated to solving its customers needs with highly innovative and leading edge solutions across the defense electronics, systems, information technology, and services arenas.

BAE Systems, innovating for a safer world.


Colophon