The company said Tuesday it will continue to modernize the facility into an advanced chemical processing site under a potential 10-year, $8.8 billion contract.
The Holston Army plant, which manufactures high explosive composite mixture IMX-101, has been under BAE’s management since 1999.
BAE Systems Ordnance Systems also oversees military propellant producer Radford Army Ammunition Plant in Virginia.
“BAE Systems is committed to delivering safe, reliable products for our customers at a time when it matters most, while modernizing the Holston Army Ammunition Plant to meet increased demand,” said John Swift, vice president and general manager of BAE Systems Ordnance Systems.
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Former Raytheon executive Paul Ferraro has joined GE Aerospace as vice president and general manager for defense engines and services. Amy Gowder, president…