2021 U.S.-Booked Air Volume: $9 million
Primary U.S. Expense Supplier: Concur
Primary U.S. Payment Supplier: American Express
Primary Global Risk Management Supplier: ISOS
Consolidated Global TMC: BCD
U.S. defense contractor, BAE Systems had $9 million in U.S.-booked air travel spending in 2021, falling slightly from the year prior. The company last year focused its efforts on travel recovery and risk assessment and management by enhancing travel scorecards, utilizing nonrefundable ticket credits, and completing a few competitive request-for-proposals processes.
BAE Systems in 2021 updated some policies, including adding information on allowable exceptions to lowest-available-fare requirements and clarifying expense-reporting rules.
Looking ahead, BAE plans to continue managing and optimizing use of all airline credits and nonrefundable tickets. The company also will take a closer look at hotel negotiations and focus on further enhancing travel scorecard data. BAE could reach its pre-pandemic level of travel activity in the next two to five years.