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BAE to Provide Engineering for Navy Aging Aircraft

BAE Systems‘ U.S. subsidiary will provide the Navy engineering, analytical and manufacturing services in support of the branch’s Aging Aircraft Program.

The Defense Department said the Navy awarded the company a $95 million modification to a previously awarded indefinite-delivery/indefinite-quantity contract.

Funds will be obligated based on on individual task orders as they are issued, with work scheduled to occur in Rockville, Md. and other U.S. locations through September 2013.

Contract funds will not expire at the end of the current fiscal year.

The subsidiary also holds a prime position on a potential $224.9 million contract with the Navy for anti-terrorism system engineering, along with Engility (NYSE: EGL),  M.C. Dean, ManTech International Corp. (NASDAQ: MANT) and Science Applications International Corp.

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