BAE Systems Awarded $143 Million US Navy Contract
October 18 2022 - 8:18AM
Dow Jones News
By Anthony O. Goriainoff
BAE Systems PLC said Tuesday that it has been awarded a
five-year $143 million contract with the U.S. Navy to support the
integration of various mission equipment, combat systems and
computer programs.
The London-listed defense-and-aerospace group said that under
the contract--awarded by the Naval Surface Warfare Center Dahlgren
Division--it will provide management, engineering, maintenance and
IT support services to the Surface Combat Systems Center, which is
located in Virginia.
"This effort is vital to our nation's sailors in an increasingly
challenging maritime environment," the company said.
Shares were up 2.20 pence, or 0.3%, at 792.60 pence.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 18, 2022 09:03 ET (13:03 GMT)
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