16 Jul 2001
BAE Systems is delighted to welcome Rolls-Royce to the Exostar community, following the announcement that it is joining BAE Systems, Boeing, Lockheed Martin and Raytheon in investing in Exostar, the leading global aerospace and defence eMarketplace.
The announcement demonstrates the wider leadership role that BAE Systems and Roll-Royce are playing through their work in supporting industry bodies such as the UK Council for Electronic Business (UKCEB), the Society for British Aerospace Companies (SBAC), and others, in promoting the adoption of e-Business to enhance the competitiveness of the aerospace and defence industry in both Europe and North America.
Both companies extended supply chains - comprising some 40,000 suppliers - will be able to benefit from Exostar's secure collaborative commerce platform, open standards, global connectivity, and growing set of specific e-Business value-added services and solutions for the aerospace and defence industry.
As part of its wider strategy to embrace e-Business, BAE Systems has been working closely with its co-partners, major customers, and its own supply base to use Exostar; this will see BAE Systems trading electronically with the DoD, MoD and all of Exostar's partners this year.
