BAE Wins Potential $400M Navy Missile Canister Contract; Chris Hughes Comments

Bae systems logo_ExecutiveBizBAE Systems has won a potential $400 million contract to manufacture canisters for the U.S. Navy to store, transport and launch missiles.

The Navy initially awarded $40 million to BAE and the contract will reach its full value if all options are exercised, BAE said Tuesday.

Chris Hughes, BAE vice president and general manager of weapon systems, said the company builds missile canisters to help naval forces carry out combat missions.

BAE will produce four canister types for the Tomahawk, Standard Missile-3, Standard Missile-6 and Evolved SeaSparrow Missile.

The Navy BAE canisters for the Mk 41 and Mk 57 vertical launching systems that work to support anti-submarine, land attack, anti-air and ballistic missile defense operations.

Work will occur at the company’s facility in Aberdeen, S.D. through 2019.

You may also be interested in...

research and development

$105M DOE R&D Funding Opportunity Opens for Small Businesses

The Department of Energy plans to award $105M in total research and development grants for the second phase of its fiscal 2021 Small Business Innovation Research and Small Business Technology Transfer initiatives.

Kevin Kelly advisory board member Enlightenment Capital

Former CACI Exec Kevin Kelly Joins Enlightenment Capital Advisory Board

Kevin Kelly, former president of the national security and innovative solutions sector at CACI International (NYSE: CACI), has been named an advisory board member at investment firm Enlightenment Capital. He brings more than 25 years of government services industry experience to the board and will support Enlightenment's portfolio companies in national security business growth efforts, the company said Monday.