BAE Systems secures U.S. Army and Navy contracts totaling $667M

BAE Shipyards Face Threat Of Job Losses

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  • BAE Systems (OTCPK:BAESY) Land and Armaments awarded a $579.31M cost-no-fee contract for M109A7 and M992A3 vehicles and fielding kits.
  • Bids were solicited via the internet with one received.
  • Work has an estimated completion date of Jan. 31, 2029.
  • Fiscal 2023