BAESF News and Press, BAE Systems plc From 03/30/23

Lightweight and groundbreaking battery for commercial electric airplane will enable efficient regional air travel BAE Systems, a leading aerospace and defense company, and Heart Aerospace, a Swedish electric airplane maker, announced a collaboration to define the battery system for Hear...

2023-03-27 02:24:21 ET BAE Systems Technology Solutions & Services ( OTCPK:BAESY ) and Scientific Research Corp are awarded a not-to-exceed $536.7M cost-plus-fixed-fee, cost-only, indefinite-delivery/indefinite-quantity multiple award contract for the procurement of engineerin...

On Monday 13 March, as part of the AUKUS trilateral agreement between Australia, the United Kingdom and the United States, it was announced that BAE Systems will play a key role in helping Australia to acquire its first nuclear powered submarines. This press release features multimedia. View ...

2023-03-09 02:14:26 ET BAE Systems Land & Armaments ( OTCPK:BAESY ) is awarded an ~$256.89M firm-fixed-price modification to previously awarded contract M67854-16-C-0006 for Amphibious Combat Vehicles or ACV. The total cumulative face value of the contract is ~$2.33B. ...

2023-03-08 17:16:31 ET BAE Systems Land & Armaments  ( OTCPK:BAESF ) was awarded $256.89M price modification to previously awarded contract for Amphibious Combat Vehicles. The contract modification is for the procurement of 27 full rate production, ACV personnel variants,...

Summary I started coverage on BAE systems officially back in November of last year. My first rating was a "Hold", which proved to be the wrong one. The stock has outperformed by around 2x since the time, seeing a bounce due to continued macro and good results. However, I don't see a 'Bu...

BAE Systems ( OTCPK:BAESY ) was awarded a $145.26M firm-fixed-price contract action for maintenance, modernization and repair of USS Nitze for the Chief of Naval Operations scheduled fiscal 2023 depot modernization period. The contract includes options, which if exercised, would bring...

BAE Systems ( OTCPK:BAESF ) was awarded a $466.4M modification contract for self-propelled howitzers and M992A3 carrier, ammunition, tracked vehicles; total package fielding support hardware kits, and support. Work is expected to be completed by Dec. 30, 2026. U.S. Army is t...

Summary Defense equipment sent to Ukraine is becoming more and more advanced. NATO intends to send 80 to 90 tanks of which 73 are already committed. In the near term, there is little opportunity for main battle tank sales. The war in Ukraine is entering a new chapter after alm...

BAE Systems's ( OTCPK:BAESY ) Land & Armaments L.P., Minneapolis is awarded a $71,909,045 definite-quantity, fixed-price incentive, firm-fixed-price, fixed-price economic price adjustment contract for the manufacture and delivery of five Columbia-class submarine components. W...