[javert]

As an American, I parsed the title as "a British aerospace company..." not "the British Aerospace company..."

[timthorn]

Indeed. The capitalisation was what threw me originally, but I understand that the title isn't wrong - hence the use of "unfortunate" rather than "incorrect".

[user24]

As an Englishman, I parsed the title the same way as you did, though I did wonder if it meant BA.

[robotresearcher]

BA is British Airways. BAE Systems is the new name for what used to be British Aerospace, which used BAe as its abbreviation, to avoid confusion with BA.

I don't know why it bothers me, but I really dislike the used-to-be-an-acronym-but-not-any-more names. For example SRI (not affiliated with Stanford so the S doesn't mean that any more), and my least favourite "HRL Laboratories" which we have to pretend does not expand to "Hughes Research Laboratories Laboratories". Yuk.

[cadab]

http://en.wikipedia.org/wiki/RAS_syndrome