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BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday....

BAE Systems plans to develop a $139M classified facility in Cedar Rapids, Iowa, and create 650 jobs in the city, The Gazette reported Friday. Construction work on the proposed 200K-square-foot defense aerospace facility is expected to kick off by October and conclude by September 2022. Ryan Companies US will serve as the project’s developer....

BAE Systems Inc. has secured a potential five-year, $188.2M contract to help a U.S. Navy organization engineer, integrate and test certain systems aboard surface combatant ships. The company said Monday it will support the service branch's Aegis Technical Representative organization in engineering, integration and test work on weapons an...

TYSONS CORNER, VA, January 6, 2020 — BAE Systems will continue to provide military intelligence delivery services to the Defense Intelligence Agency via the company's prime position on the potential $17B Solutions for Intelligence Analysis 3 contract vehicle, ExecutiveBiz reported Dec. 18....