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April 28, 2014
09:45 EDTBAESYBAE Systems receives multi-ship, multi-option contract from U.S. Navy
BAE Systems has received a multi-ship, multi-option contract from the U.S. Navy to repair, maintain, and modernize nine destroyers and cruisers, either homeported in or visiting Pearl Harbor, Hawaii. The five-year contract, awarded by the Naval Sea Systems Command, includes modernization, maintenance, and repair work for the USS Chafee, USS John Paul Jones, USS Chung-Hoon, USS Hopper, USS Michael Murphy, USS O’Kane, USS Halsey, USS Milius, and USS Preble. This award marks a continuation of work BAE Systems has been performing on the same type of ships in Hawaii under a previous seven-year contract.
News For BAESY From The Last 14 Days
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October 1, 2014
07:56 EDTBAESYSyrian strikes sure to prompt calls to reconsider defense cuts, WSJ says
The expanded U.S. military campaign in the Middle East, including airstrikes in Syria, is expected to cost tens of billions of dollars in the short-term and is certain to put renewed pressure on the president and Congress to reconsider spending caps on the defense budget, according to The Wall Street Journal. Publicly traded companies in the Defense space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX). Reference Link
September 29, 2014
08:05 EDTBAESYAstronics weakness on BAE market entry overdone, says Canaccord
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September 26, 2014
18:00 EDTBAESYBAE Systems awarded $153.65M government contract
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