BAE's 2004 Annual Report states that "recognising the complexity of the earlier proposed ... transaction with Finmeccanica we have moved to a simpler model.

On 3 May 2005 the Eurosystems Transaction was finalised with[7] BAE Systems sold its 25% share of SELEX S&AS to Finmeccanica for €400 million in March 2007.

Alongside its core domestic operations in Italy and the UK, the company has an established industrial and commercial footprint in the United States, Germany, Turkey, Romania, Brazil, Saudi Arabia and India.

[11] In August 2013, Selex ES provided an unarmed surveillance drone to the United Nations to be deployed in the Democratic Republic of Congo to monitor movements of armed groups in the region and to protect the civilian population more effectively.

[13] In 2016, it secured a contract with Angola that will see equipment, replacement components and any associated services be provided to the nation's upcoming centers for maritime surveillance.

In the UK Selex ES sponsored the Combined Services Disabled Ski Team (CSDST), which enables members to pursue the sport and help rehabilitate those who have suffered a serious injury.