COVID Stimulus Watch Individual Entry
Recipient Company:
BAE Systems Holdings Inc
Loan or Loan Guarantee Amount:
$1,137,505
Recipient Details
Ownership Structure: publicly traded (ticker symbol LSE: BA)
Award Details
Award Date: Dec 21, 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-related Penalties: $8,520,270
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $2,113,817
Consumer Protection / Financial / Competition-related Penalties: $494,990,000
Ratio of CEO Pay to that of Median Worker: 52 to 1
CEO Compensation: $5,165,532
Worker Median Pay: $99,791
Total Federal, State, and Local Subsidies: $259,385,706
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