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Tag Archives: BAE

BAE’s US Subsidiary to Sustain Army Recovery Vehicles Under Potential $112M Award

BAE Systems Inc., the British defense contractor’s U.S. subsidiary, has secured a potential $112 million contract to sustain and provide technical support for the U.S. Army‘s recovery vehicles. The four-year contract covers services for BAE-built M88A1 and M88A2 recovery vehicles, the company said Monday. BAE will deliver combat vehicle recovery services and products to the Army, …

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Australia Unveils $27B Tender for Future Frigate Construction

Australia’s defense ministry has issued requests for tender on a $26.7 billion frigate shipbuilding program to down-selected offerors BAE Sytems, Fincantieri and Navantia. The ministry said Friday it seeks to procure nine warships that will conduct maritime warfare operations, such as anti-submarine missions, under the Future Frigate project. “The three shortlisted designers must demonstrate and develop an …

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Navy Awards $383M in Amphibious Ship Support Modifications to BAE, General Dynamics, HII Subsidiaries

The U.S. Navy has awarded $383 million in contract modifications to subsidiaries of BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) for maintenance, repair and upgrade services for San Diego-homeported amphibious ships. BAE’s San Diego Ship Repair arm, General Dynamics’ NASSCO subsidiary and HII’s Continental Maritime of San Diego unit will also …

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February 28 Market Close: GovCon Index, US Stocks Hold Lower Ahead of Trump Address

Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregulation …

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BAE, General Dynamics, HII Subsidiaries Get $121M in Navy Surface Combatant Support Contract Modifications

Subsidiaries of BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) have received contract modifications worth a combined $120.5 million to help the U.S. Navy maintain, repair or update San Diego-homeported surface combatants. The Defense Department said Monday the modifications exercise an option under previously awarded indefinite-delivery/indefinite-quantity contracts to BAE’s San Diego …

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Weekly Roundup February 21 – February 24 2017: STG Starts Next Chapter w/ Intell-Focused Buy & more

Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares …

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February 23 Market Close: GovCon Index Lower on Services & Industrial Declines

Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumbered advancers by a 5-to-1 ratio …

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BAE COO Charles Woodburn to Become CEO in July

Charles Woodburn, chief operating officer at BAE Systems, will officially assume the chief executive role after Ian King retires from the British defense company at the end of June. “Since his appointment last year, Charles has made an important contribution to the company, bringing impeccable engineering credentials, broad international experience and fresh …

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BAE Unit to Design, Build Communication-Electronic Platforms for Navy

A business unit of BAE Systems has received a potential $41.3 million contract to help the U.S. Navy develop, integrate and maintain new or existing communication-electronic platforms, equipment and subsystems. Work also covers rapid design, customization, fabrication, test, evaluation, installation, certification, maintenance, logistic, upgrade, and life cycle support services, the Defense Department said Tuesday. BAE’s …

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BAE’s US Arm Acquires IAP Research to Support Weapon Systems Devt Programs

BAE Systems‘ U.S. subsidiary has acquired Dayton, Ohio-based engineering company IAP Research to support programs focused on the development and production of weapon systems. IAP Research has supported BAE Systems Inc.’s work to build electromagnetic railguns for more than 10 years as a subcontractor, BAE said Tuesday. Erwin Bieber, president of platforms and …

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