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Tag Archives: BAE Systems

Exostar Gets Commitment From 4 Defense Contractors for Updated Risk Mgmt Service

security-lock-chip

TYSONS CORNER, VA, April 22, 2016 — Exostar has said BAE Systems, Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) have committed to deploy its updated risk management service for defense contractors, ExecutiveBiz reported Thursday. The update includes a questionnaire that works to help contractors cover all the security …

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Australia Shortlists BAE, Fincantieri, Navantia as Options to Produce Frigates

Contract

TYSONS CORNER, VA, April 20, 2016 — BAE Systems, Fincantieri or Navantia has the potential to produce new frigates for the Australian navy under a $27 billion program, ExecutiveBiz reported Tuesday. Defense News reported Monday the Australian defense ministry will choose from the three companies to begin work on the frigates in …

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BAE Gets $110M Army Contract Modification for M88A2 HERCULES Vehicles

BAE Systems Hercules

BAE Systems’ land and armaments business has received a potential $109.7 million contract modification to produce 36 M88A2 Heavy Equipment Recovery Combat Utility Lift and Evacuation System vehicles for the U.S. Army. The company will perform work in York, Pennsylvania, through Aug. 31, 2018, under the contract modification that also …

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Lockheed Awards BAE $166M to Build Facilities for UK’s Future F-35 Fleet

F35

TYSONS CORNER, VA, April 11, 2016 — Lockheed Martin (NYSE: LMT) has tapped BAE Systems to build three engineering and training facilities at the Marham air base in the U.K. under a $166.3 million subcontract, ExecutiveBiz reported Friday. BAE said Thursday the construction project is part of preparations for the delivery of the …

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BAE Systems to Deliver Assault Amphibious Vehicles to Japan

Bae systems logo_ExecutiveBiz

TYSONS CORNER, VA, April 11, 2016 — The U.S. subsidiary of BAE Systems will supply 30 Assault Amphibious Vehicles to Japan as part of the country’s efforts to build up amphibious capability among its ground self-defense forces, ExecutiveBiz reported Friday. The company said Thursday BAE Systems Inc. will also provide tools, test equipment and training support …

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April 11 Morning Report: GovCon Index Posts Nominal Gain Friday on Energy Shares

GovConIndexUP

The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week. While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel. Four of the five largest U.S. government contractors will …

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April 8 Market Close: GovCon Index Hits Late PM Volatility, Ends at Nominal Weekly Decline

GovConIndexUP

The GovCon Index gradually tumbled from a strong open Friday and fell sharply in late afternoon trade to end at a nominal gain of 0.197 points to 74.227, which puts the GCI at a weekly loss for the second time in three weeks. The GCI posted a nominal 0.103-point loss from …

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DMEA Picks 8 Firms for $7B Follow-On Advanced Tech Engineering Services IDIQ

electronics

The Defense Microelectronics Activity has awarded positions on a potential $7.2 billion contract vehicle to eight companies to support the agency’s work on new technology insertions and applications for military systems. Contractors will bid for individual task orders over a 10-year ordering period to engineer components for the Defense Department to address operational issues with electronics’ hardware and software …

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BAE Lands $75M Combat ID Tech Support IDIQ With US Navy, Int’l Clients

Bae systems logo_ExecutiveBiz

BAE Systems Inc., the British defense contractor’s U.S. subsidiary, has won a potential four-year, $75.3 million contract to perform engineering and technical work on combat identification systems for the U.S. Navy. The Defense Department said Monday the company will provide 1,075,200 man-hours of CIDS support to the Naval Air Warfare Center …

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March 23 Market Close: GovCon Index Weighed by Commodity Declines, Health Net Up 4% on Centene Deal Approval

GovConIndexDOWN

The GovCon Index stumbled from the open to close at a loss of 0.279 points to 75.052 as U.S. stock declines mirrored a fall in commodities such as oil and investors continued to speculate over when the next interest rate increases could occur. Los Angeles-based health insurance provider Health Net (NYSE: HNT) …

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