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News Breaks
July 23, 2014
10:01 EDTBAESYBAE Systems awarded contracts worth $40M from U.S. Army
The U.S. Army has awarded BAE Systems a series of contracts, worth approximately $40M, for the third-generation configuration of its Common Missile Warning System, which provides an enhanced capability for aircrews to locate and protect against infrared guided threats. The Gen3 configuration includes hostile fire indication to detect and evade small arms fire and new data recording capabilities for detailed post-mission analysis. The latest orders are funded under a recently awarded $496M, three-year indefinite-delivery/indefinite-quantity contract to deliver up to 1,300 Gen3 systems. The U.S. Army has now placed approximately $90M in orders against the IDIQ since the first order in September 2013. Under the contract, BAE Systems will deliver CMWS hardware and provide systems engineering, software, and logistics support services for both the CMWS and the Advanced Threat Infrared Countermeasure system.
News For BAESY From The Last 14 Days
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November 24, 2014
09:19 EDTBAESYDefense Secretary Hagel said to be stepping down, NY Times reports
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08:48 EDTBAESYSpartan Chassis awarded ILAV subcontract by BAE Systems
Spartan Chassis, a business unit of Spartan Motors (SPAR), announced that its Defense and Government operating group has been awarded a subcontract from defense contractor BAE Systems (BAESY) to support the production of 22 International Light Armored Vehicles, or ILAVs. The subcontract is the second delivery order against a three year Indefinite Delivery, Indefinite Quantity, or IDIQ, contract and validates the diversified growth and operational strengths of the Spartan Defense and Government, or SDG, business unit. These vehicles perform specialized, mission-critical tasks such as supporting convoy operations, investigating possible improvised explosive devices, or IEDs, and additional rapid response needs. Under the terms of the subcontract, Spartan will provide automotive integration, final assembly, coordination of Government inspection and delivery to the Government. Production for the units will begin in February 2015 on Spartan's Charlotte campus with an expected completion of June 2015.
November 20, 2014
10:01 EDTBAESYBAE Systems awarded contract by DARPA valued at $3.2M
The U.S. Defense Advanced Research Projects Agency has awarded BAE Systems a contract to combat the rapid evolution of technological threats posed by U.S. adversaries. The work will aim to develop a new framework of reliable, jam-resistant networked communications as part of the Communications in Contested Environments program. Valued at $3.2M, the contract for a new open system architecture is for the first phase of DARPA’s C2E initiative.
November 18, 2014
05:36 EDTBAESYBAE Systems initiated with an Outperform at Credit Suisse
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November 17, 2014
10:01 EDTBAESYBAE Systems submits proposal for U.S. Army's CIRCM program
BAE Systems announced that it has submitted its proposal for the U.S. Army’s Common Infrared Countermeasure program. CIRCM is a lightweight, low-cost, and modular laser-based aircraft protection system, designed to protect U.S. rotary- and fixed-wing aircraft from infrared guided missiles.
November 14, 2014
12:31 EDTBAESYBAE Systems management to meet with Jefferies
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