COVID Stimulus Watch Individual Entry

Recipient Company:
BAE Systems Holdings Inc
Loan or Loan Guarantee Amount:
$2,251,249

Recipient Details

Ownership Structure: publicly traded (ticker symbol LSE: BA)

Award Details

Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: BAE Systems
Headquartered in: United Kingdom
Parent Sector: aerospace and military contracting
Parent Industry: aerospace & military contracting
Employees (prior to pandemic): 87,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $8,520,270
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $2,113,817
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $494,990,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 52 to 1
CEO Compensation: $5,165,532
Worker Median Pay: $99,791
Tax icon
Total Federal, State, and Local Subsidies: $259,385,706
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues