Fairchild Systems
Encyclopedia
Fairchild Systems was a United States defense contractor which is now part of BAE Systems Electronics, Intelligence & Support
BAE Systems Electronics, Intelligence & Support
BAE Systems Electronics, Intelligence & Support is one of two operating groups of BAE Systems Inc., the North American subsidiary of UK-based BAE Systems.-History:...

. A descendant of Fairchild Camera and Instrument
Fairchild Camera and Instrument
Fairchild Camera and Instrument Corporation was a company founded by Sherman Fairchild. It was based on the East Coast of the United States, and provided research and development for flash photography equipment...

, the San Francisco Chronicle described Fairchild Systems as "one of the legendary names of Silicon Valley" and that in "the late 1960s, [its] Bay Area
San Francisco Bay Area
The San Francisco Bay Area, commonly known as the Bay Area, is a populated region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas of San Francisco, Oakland, and San Jose, along with smaller urban and rural areas...

 operations were the training ground for the engineers who went on to found Intel and other top semiconductor companies."

History

Fairchild Weston Systems was acquired by Loral Corporation
Loral Corporation
Loral Corporation was a defense contractor founded in 1948 in New York by William Lorenz and Leon Alpert as Loral Electronics Corporation. The company's name was taken from the first letters of each founder's surname....

 in mid-1989. The group was renamed as the Loral Fairchild Systems divisions of Loral Corp.

On 22 April 1996 Lockheed Martin
Lockheed Martin
Lockheed Martin is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area....

 completed the acquisition of Loral Corporation
Loral Corporation
Loral Corporation was a defense contractor founded in 1948 in New York by William Lorenz and Leon Alpert as Loral Electronics Corporation. The company's name was taken from the first letters of each founder's surname....

's defense electronics and system integration businesses, which included Fairchild, for $9.1 billion.The company became Lockheed Fairchild Systems.

In 2000 Lockheed Martin grouped Fairchild with Sanders Associates
Sanders Associates
Sanders Associates was a defense contractor in Nashua, New Hampshire, USA, from 1951 until it was sold in 1986. It is now part of BAE Systems Electronics & Integrated Solutions, a subsidiary of BAE Systems. It concentrated on developing and manufacturing electronic systems, notably aircraft...

 and Lockheed Martin Space Electronics & Communications under the Lockheed Martin Aerospace Electronic Systems division. BAE Systems
BAE Systems
BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...

agreed to acquire the division in July 2000 and completed its acquisition on 27 November..
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