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December 23, 2013
09:01 EDTBAESYSouth Korea finalizes agreement for BAE Systems to perform F-16 upgrades
The Republic of Korea has finalized an agreement with the U.S. government for BAE Systems to perform upgrades and systems integration for its fleet of more than 130 F-16 aircraft. The company will now begin the first phase of the work under contract through the U.S. Department of Defense’s Foreign Military Sales program. The work to upgrade the KF-16 fleet will be performed primarily at BAE Systems’ facility in Fort Worth, Texas. Other company sites in Florida, New York, California, and Virginia will also be involved. BAE Systems expects to hire approximately 300 employees to help support the program.
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April 15, 2014
07:51 EDTBAESYGeneral Dynamics chooses to skip GAO protest over Army car plan, Reuters says
General Dynamics (GD) said it would not ask the congressional Government Accountability Office to rule on a U.S. Army vehicle competition that it says is skewed to favor its rival, Britain's BAE Systems (BAESY), according to Reuters, citing a statement from a General Dynamics spokesman. The spokesman said, "We will continue to discuss the AMPV program with the U.S. Department of Defense and the Congress. We do not believe a GAO protest is the right forum for this issue and we will not file one." Reference Link
April 8, 2014
09:05 EDTBAESYBAE Systems inks contract with Southwest for MRO services
Southwest Airlines (LUV) has selected BAE Systems (BAESY) as its exclusive provider of maintenance, repair, and overhaul services for the full authority digital engine controls on more than 450 737 Next Generation aircraft. Under the five-year agreement, BAE Systems will provide proactive repairs that will improve the availability and reliability of Southwest’s fleet.

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