![]() Airman 1st Class Alexander Cook 56th Fighter Wing Public Affairs Its R&D arm focuses heavily on cutting-edge electronic technologies. developed the very advanced electronic warfare system for the stealthy F-35. BAE Systems is the only major defense contractor to co-sponsor such accelerators in places like Austin and Boston, providing entrepreneurs with mentoring, resources and market opportunities that make them more attractive to venture capital and angel investors.īAE Systems, Inc. Its 850 scientists and engineers are dedicated to fostering commercial innovations with potential military or intelligence applications through the ecosystem of commercial startups and technology accelerators. It does not prototype new weapons or engage in advanced development of systems. Rather than being owned by the company’s operating units, FAST Labs is an independent profit and loss business within the enterprise dedicated solely to rapid innovation.įAST Labs is not like other legendary innovators in the defense sector, such as Lockheed Martin’s Skunk Works of Boeing’s Phantom Works. arm of Britain’s biggest aerospace and defense conglomerate, has created an organization within its Electronic Systems unit called FAST Labs that combines funding from federal research centers with venture capital and commercial technology incubators to greatly accelerate the velocity of innovation.
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