Search Results for: BAE

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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BAE Wraps Up Signal Innovations Group Buy; DeEtte Gray Comments

BAE Systems has finalized its purchase of Signal Innovations Group, an analytics and imaging platform supplier to the intelligence and defense industries. The companies seek to unify their technology offerings to help customers gain strategic and tactical insights, DeEtte Gray, president of BAE’s intelligence and security business, said Tuesday. “Together, …

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Report: US, South Korea Discuss BAE F-16 Upgrade Contract’s 2nd Phase

BAE Systems could receive $1 billion of work to upgrade 134 South Korea’s F-16 fighter jets as the U.S. and South Korean governments work to finalize the second phase of of a foreign military sales contract between both companies, Reuters reported Friday. Andrea Shalal writes that the U.S. Air Force wants to finalize the pricing …

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BAE, Northrop Land Army Contract Modifications for IR Countermeasure R&D

BAE Systems and Northrop Grumman (NYSE: NOC) have received contract modifications from the U.S. Army to continue helping the branch develop countermeasure technology for protecting aircraft from infrared-guided missiles. The Army awarded a $8, 005, 521 modification to BAE and $10, 006, 600 to Northrop under the service’s Common Infrared …

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BAE Systems to Build Offshore Patrol Ships for U.K. Royal Navy

BAE Systems has won a $581 million contract to develop three offshore patrol vessels for Britain’s Royal Navy, Reuters reported Tuesday. Sarah Young writes the U.K. government intends for the ships to support counter-terrorism, counter-piracy and anti-smuggling missions. BAE Systems’ 800 shipbuilders will build the vessels at its shipyards on the …

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Erwin Bieber: BAE Eyes Portfolio Focus With Land Systems South Africa Divestiture

BAE Systems and DGD Technologies 2001 are planning to sell their holdings in the Land Systems South Africa defense company to Denel SOC, a state-owned aerospace and defense company in South Africa, for an estimated $80 million. BAE said Monday that Denel would own LSSA in its entirety as DGD proposed to sell its 25-percent …

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BAE to Purchase Analytics Tech Developer Signal Innovations Group; DeEtte Gray Comments

BAE Systems has agreed to acquire imaging and analytics technology provider Signal Innovations Group for an undisclosed sum in a move to offer integrated products in the defense and intelligence markets. DeEtte Gray, president of BAE’s intelligence and security business, said Thursday the companies aim to help organizations analyze critical data …

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DeEtte Gray: BAE Awarded $335M to Support NGA GEOINT Data Infrastructure

BAE Systems has won a $335 million contract to help the National Geospatial-Intelligence Agency manage a system for collecting, maintaining and utilizing GEOINT data sources and products. The company said Thursday it will support the agency’s Map of the World, a digital platform designed to give U.S. military personnel access …

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