BAE Systems has secured the regulatory clearances needed to acquire Ball’s (NYSE: BALL) aerospace business and is set to implement measures to close the transaction in the coming days. In August, BAE agreed to buy Ball Aerospace for approximately $5.55 billion as part of the British defense contractor’s efforts to accelerate its space market str...
BAE Systems will manufacture and deliver additional self-propelled howitzers and carrier ammunition-tracked vehicles to the U.S. Army under a $418 million contract. The company said the order brings the total value of a previously awarded contract for M109A7 howitzers and M992A3 CAT platforms to $2.5 billion and extends vehicle deliveries through 20...
Julia Filiberti Allen, formerly chief scientist at the U.S. subsidiary of Swedish defense contractor Saab, has been promoted to vice president and chief technology officer at Saab Inc. She will oversee the development of technical strategy for Saab Inc., lead research community engagement efforts and prioritize and meet research and development obje...
The defense and government investment banking team of financial services company Raymond James has released a report highlighting the financial performance of several public companies in the government contracting market, recent mergers and acquisitions and major contracts awarded in 2023....
BAE Systems has received a potential five-year, $183 million contract from the National Geospatial-Intelligence Agency for GEOINT modeling support services. The company will develop, integrate and provide sustainment support for analytic modeling capabilities under the indefinite-delivery/indefinite-quantity contract, NGA said Wednesday. The IDIQ co...
Judy Lewis has assumed the role of vice president of business winning at BAE Systems, she announced on LinkedIn Friday, moving from a VP position at Science Applications International Corp. (NYSE: SAIC). In her new capacity, she will oversee BAE’s business development, growth and capture efforts in the United States. During her ...
The U.S. Army has renewed BAE Systems‘ contract as the operator of the government-owned Holston Army Ammunition Plant in Tennessee. 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...
Pete Nelson, former vice president at Peraton, will join digital services and management consulting company MetroStar as chief growth officer, according to his LinkedIn announcement. During his over five years of stay at Peraton, Nelson handled various responsibilities as capture VP earlier and as capture and operations VP recently. He oversaw a pro...
Anne Guevara was elevated to the role of vice president of PM capabilities at BAE Systems‘ U.S. business arm, where she previously served as senior director of program excellence, according to a LinkedIn post published Thursday. She joined the company in June 2019 and led enterprise project management functions to transform its development, pr...
The State Department has approved a potential $2.53 billion foreign military sale of M1A2 Abrams main battle tanks and related equipment to the government of Romania. The potential FMS deal includes 54 M1A2 System Enhancement Program version 3 vehicles, 54 M1A1 structures, four M88A2 Hercules combat recovery vehicles, four M1110 joint assault bridge...
