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A BAE Systems–Iveco Defence Vehicles team has beaten the team of Science Applications International Corp. (NYSE: SAIC) and ST Kinetics for a potential $1.2 billion U.S. Marine Corps contract to build amphibious combat vehicles. BAE said Tuesday it will aim to deliver the first 30 ACVs under the contract, which has a $198 million initial val...

TYSONS CORNER, VA, June 18, 2018 ” BAE Systems plans to invest $13.3 million to launch a new production line for 12.7-millimeter ammunition at the firm™s Radway Green plant in Crewe, England, ExecutiveBiz reported Friday. The British defense contractor said Wednesday it is working with the Advanced Manufacturing Research Center at the Univ...

BAE Systems‘ land and armaments business has secured a one-year, $347.9 million contract to manufacture up to 473 Bradley M2A4 and M7A4 fighting vehicles for the U.S. Army. The fixed-price-incentive-fee contract also covers the provision of related spares from an authorized list of stocks and legacy component repair packages bas...

TYSONS CORNER, VA, June 13, 2018 ” BAE Systems will integrate a new situational awareness tool for the latest version of the CV90 infantry fighting vehicle being offered to the Czech Republic, ExecutiveBiz reported Tuesday. The company said Monday the iFighting system will be installed into the CV90 MkIV vehicle in an effort to enhance...

BAE Systems‘ Norfolk Ship Repair business has secured a potential $96.7 million contract to help the U.S. Navy implement extended dry-docking selected restricted availability efforts for an Arleigh Burke-class guided missile destroyer. The contractor will provide facilities and personnel required to maintain, repair and modernize the...

Lockheed Martin (NYSE: LMT) has awarded BAE Systems a potential five-year, $100 million contract to provide sustainment support for electronic warfare platforms aboard the F-35 Lightning II fighter jet. BAE said Tuesday it will oversee the supply chain for the EW suite, manage regional warehouses with on-hand EW component inventories and establish m...

BAE Systems has received contracts worth approximately $3.2 billion from the U.K. government to support development work on nuclear-powered submarines. The company said Monday it will produce and deliver the seventh Astute-class submarine, HMS Agincourt, under a potential $2 billion contract. BAE also received a potential $1.2 billion contract to co...

BAE Systems‘ land and armaments business has secured a $120.5 million contract modification from the U.S. Army for the production of M88A2 Heavy Equipment Recovery Combat Utility Lift and Evacuation System vehicles. The Army obligated $7 million at the time of award from its fiscal 2018 “other” procurement funds...