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home / news releases / PGM - BAE Systems bags $72.5M R&D contract from U.S. Army for precision guided munitions

PGM - BAE Systems bags $72.5M R&D contract from U.S. Army for precision guided munitions

iPathA Series B Bloomberg Platinum Subindex Total Return ETN

2023-05-18 10:02:55 ET

  • BAE Systems ( OTCPK:BAESY ) said Thursday it received a three-year contract from the U.S. Army to continue R&D work for the advancement of precision guided munitions.
  • The contract was valued at $72.5 million.
  • The company will work with the Army's DEVCOM AC unit to fulfill the contract.
  • Press Release .

For further details see:

BAE Systems bags $72.5M R&D contract from U.S. Army for precision guided munitions
Stock Information
Company Name: iPathA Series B Bloomberg Platinum Subindex Total Return ETN
Stock Symbol: PGM
Market: NYSE
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