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Tag Archives: BAE Systems

BAE Unit Gets $348M Contract for Bradley Vehicle Production, Component Supply

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 based on the M2A3, M7A3 …

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BAE Systems to Equip CV90 Vehicle With New Situational Awareness Platform

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 …

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General Dynamics Electric Boat Taps BAE to Produce Payload Tubes for Navy Virginia-Class Block V Subs

TYSONS CORNER, VA, June 7, 2018 — BAE Systems has received a contract from General Dynamics‘ (NYSE: GD) Electric Boat business to deliver eight payload tubes designed to support increased firepower on two U.S. Navy Block V Virginia-class submarines, ExecutiveBiz reported Wednesday. BAE said Tuesday it will deliver Virginia Payload Module tubes, which work …

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Peter Trainer Joins BAE’s US Arm as VP, GM of Air Force Solutions Business; Al Whitmore Comments

Peter Trainer, a former executive at Science Applications International Corp. (NYSE: SAIC), has joined BAE Systems’ U.S. subsidiary as vice president and general manager of Air Force solutions business area. He will oversee a business unit within BAE Systems Inc.’s intelligence and security sector that modernizes, tests and maintains aircraft, …

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BAE Unit Lands Potential $97M Contract to Modernize USS Cole Destroyer Ship

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 USS Cole (DDG 67) ship, the …

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PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

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AT&T Vet Joseph Chioda Named New Chief Growth Officer at FCI Enterprises

TYSONS CORNER, VA, May 30, 2018 — FCI Enterprises has recruited Joseph Chioda, formerly client executive vice president for AT&T’s (NYSE: T) global public sector business, to serve as the Chantilly, Va.-based technology company’s new chief growth officer, ExecutiveBiz reported Friday. Prior to his tenure at AT&T, Chioda held executive responsibilities …

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NGA Selects 10 Firms for Potential $920M Geography Data Management Contract

The National Geospatial-Intelligence Agency has tapped 10 companies for content management of community-sourced data on topographic and human geography under a potential 10-year contract worth $920 million. Work for NGA’s Janus Geography initiative will take place at the contractors’ facilities, the agency said in a notice posted Thursday on FedBizOpps.gov. Companies …

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Lockheed Taps BAE for Potential $100M F-35 Electronic Warfare Sustainment Contract

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 …

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BAE Lands $3.2B in Nuclear-Power Submarine Contracts With UK Defense Ministry

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 …

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