- BAE Systems ( OTCPK:BAESY ) has delivered advanced M-Code GPS receivers for ground-based missions to Germany via the Foreign Military Sales process; Germany is the first country to receive M-Code GPS capabilities via FMS.
- Under a contract with U.S. Space Systems Command, BAE Systems is delivering its Miniature Precision Lightweight GPS Receiver Engine – M-Code.
- Work on BAE Systems’ military GPS products is conducted in Cedar Rapids, Iowa, where the company is building a modern engineering and production facility.
- Separately, SymphonyAI, provider of high-value enterprise AI SaaS for strategic industries, acquired financial crime detection leader NetReveal from BAE Systems; transaction is expected to be completed later this year.
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BAE Systems delivers Advanced M-Code GPS products to Germany