Search Results for: BAE

BAE to Provide Army With 5 Armored Vehicle Variants for $383M

BAE Systems‘ land and armaments business has received a $382.6 million order to provide the U.S. Army with five variants of the Armored Multi-Purpose Vehicle. The Defense Department said Dec. 23 that the company will deliver general purpose, mortar carrier, mission command, medical evaluation and medical treatment AMPV variants. The order is …

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BAE’s US Arm Inks Deal for Eclipse Electronic Systems, Parent Closes SilverSky Buy

BAE Systems Inc. — the British defense contractor’s U.S. subsidiary — has agreed to acquire Eclipse Electronic Systems from Esterline Corp. for nearly $28 million cash in order to add new intelligence, surveillance and reconnaissance products to BAE’s portfolio. The transaction is scheduled to complete in the first quarter of 2015 and is pending regulatory approvals, BAE said Thursday. Dallas-based …

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BAE to Support USS Bataan Dry-Docking Planned Maintenance Availability

BAE Systems‘ Norfolk Ship Repair segment will perform dry-docking planned maintenance availability services through November 2015 on the U.S. Navy‘s USS Bataan (LHD-5) ship under a $115 million contract modification. The Defense Department said Wednesday BAE will carry out depot-level maintenance, modifications and capability updates as part of USS Bataan’s fiscal 2015 DPMA. The Navy …

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BAE Vet Chris Bellios Joins Cubic as Nat’l Intell SVP; Bill Toti Comments

Chris Bellios, formerly a vice president at BAE Systems, has joined Cubic as senior vice president of national intelligence for the mission support services business and will manage training and mentorship strategies. He will report to Mission Support Services President and General Manager Bill Toti and oversee the execution of Cubic’s national intelligence programs, the company said Wednesday. “Chris …

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Tom Arseneault to Head Electronic Systems at BAE’s US Arm, Retain COO Title

Tom Arseneault, chief operating officer at BAE Systems‘ U.S. subsidiary and a 14-year BAE veteran, will take on the additional role of president of the subsidiary’s electronic systems sector on Jan. 1, 2015. BAE said Monday that Arseneault will continue to hold the chief operating officer role for the subsidiary — BAE …

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State Dept OKs Iraq’s $700M in Requests for BAE Weapons, General Dynamics Vehicle Parts

The State Department has approved a potential sale to Iraq of $97 million in Advanced Precision Kill Weapon Systems built by BAE Systems and $600 million in vehicle parts made by General Dynamics (NYSE: GD). The Defense Security Cooperation Agency said Wednesday the proposed sale of 2, 000 APKWS includes spare and repair parts, documentation, personnel training and …

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Ian King: BAE-Dassault Team Awarded $192M for Anglo-French Combat Aircraft Research

A BAE Systems and Dassault Aviation partnership has been awarded a $192 million contract to perform a feasibility study of the U.K. and France’s proposed combat aerial vehicles. The companies will perform the research to help the governments of France and U.K. define requirements for the countries’ Future Combat Air …

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BAE Wins $142M Army Howitzers Contract Option

BAE Systems has been awarded a $147 million contract to manufacture 18 additional self-propelled howitzers with 18 ammunition carriers for the U.S. Army. The follow-on award represents the first of three production year options under a contract BAE won in October 2013 through the Army’s Paladin artillery system modernization, the …

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BAE to Pay $232M Cash for Commercial Cyber Services Firm SilverSky; Ian King Comments

BAE Systems PLC has agreed to acquire commercial cybersecurity services provider Perimeter Internetworking Corp. — which does business as SilverSky — for $232.5 million cash. BAE expects to close the transaction before the end of this calendar year upon the receipt of regulatory approvals, the London-based defense contractor said Tuesday. SilverSky, which operates primarily in …

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BAE Systems to Convert U.S. Army’s Recovery Vehicles to HERCULES Variant; Adam Zarfoss Comments

BAE Systems has won a $153.6 million contract to upgrade the U.S. Army‘s recovery vehicles to the Heavy Equipment Recovery Combat Utility Lift Evacuation System configuration. Under the project, the company will convert 53 M88A1 recovery vehicles to the M88A2 HERCULES variant, extending production of the M88 line through 2016,  BAE Systems said …

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