Hello, Guest!
  • Tuesday, April 23, 2024

BAE Systems Wins Contract from MoD

The UK Ministry of Defense (MOD) has awarded BAE Systems (LSE: BA) a four year contract worth 111 million pounds to support and maintain 28 trainer aircraft for the Royal Air Force. BAE will be responsible for ensuring that the training aircraft are available to train RAF pilots.

Martin Rushton, Managing Director of BAE Systems’ Training & Hawk UK business, said “Signature of the Hawk ISS contact represents recognition of BAE Systems’ readiness and sustainment capabilities and is a significant milestone for the joint MOD, RAF and BAE Systems team. This contract provides an effective and flexible service at an affordable price enabling our future pilots to perform their essential training in readiness for future fast jet aircraft including Typhoon and F-35 Lightning II.”

Video of the Day

Related Articles

NuAxis Innovations Names Heather Newlin as Chief Delivery Officer; Raza Latif Quoted Executive Moves

NuAxis Innovations Names Heather Newlin as Chief Delivery Officer; Raza Latif Quoted

Heather Newlin, a GovCon industry executive, has joined federal information technology company NuAxis Innovations as chief delivery officer. NuAxis Innovations CEO Raza Latif announced Newlin’s appointment in a LinkedIn post published Wednesday. “With Heather’s extensive experience in service delivery and her expertise in leading mid-sized federal businesses, I am confident that she will lead us

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024 Financial Reports

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024

Executive Mosaic’s GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major

BAE Adds Topaz Intelligence to Modeling & Simulation Solutions Portfolio; Peder Jungck Quoted Intelligence

BAE Adds Topaz Intelligence to Modeling & Simulation Solutions Portfolio; Peder Jungck Quoted

BAE Systems has expanded its modeling and simulation solutions business with the addition of Topaz Intelligence, a custom intelligence services provider acquired through its Ball Aerospace acquisition in February. Under the integration, BAE Systems said Thursday it will work with Topaz Intelligence to market intelligence-as-a-service offerings to boost the agile decision-making processes of customers. The M&SS division caters