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BAE, NGC Unite to Pursue Ground Combat Vehicle Program

BAE Systems (LSE: BA) and Northrop Grumman Corporation (NYSE: NOC) have announced a teaming agreement to pursue the Ground Combat Vehicle (GCV) program.

The GCV program is a development effort headed by the U.S. Army and is designed to develop the next generation Infantry Fighting Vehicle.

“BAE Systems and Northrop Grumman have been pre-eminent suppliers of combat systems to the U.S. Army for more than 50 years, ” said Mark Signorelli, BAE Systems’ vice president and general manager of Ground Combat Vehicle. “Our team looks forward to working side by side with the Army and its Soldiers in the development of the new Ground Combat Vehicle. Collectively we bring the proven experience, the latest technology and cultures of innovation and service to the Army’s effort to develop a new generation of fighting vehicles.”

“We are very pleased to be a member of the BAE Systems-Northrop Grumman GCV team, ” said Maj. Gen. (Ret.) Joe G. Taylor, Jr., vice president, ground combat systems at Northrop Grumman. “Together we bring an experience level of combat platform production and C4ISR integration capabilities to the GCV program that is unsurpassed by our competitors. The GCV is an extremely important program for the Army. For the past 30 years BAE Systems has provided the infantry fighting vehicle which has successfully served the war fighter. We are proud to be a part of a team that will continue along that same path for the next 30 years.”

The Army intends to award contracts to as many as three competitors this fall with production expected to begin in 2017.

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