UK Signs $547M Lockheed Hercules Maintenance Deal

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, Marine Corps and foreign military

The State Department has approved Saudi Arabia’s request to purchase $1.15 billion in General Dynamics-built (NYSE: GD) Abrams battle tanks along with a suite of ground vehicle recovery systems from the U.S. government under a foreign military sales agreement between both countries. Twenty of the total 153 M1A2S Abrams tanks covered under the sale are intended as

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 covers authorized stockage list spares,