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BAE Awarded $175 Million Navy Contract For More Laser-Guided Rockets

Friday, May 11th, 2018

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Britain’s BAE Systems was awarded a $175 million U.S. Navy award to produce 7,000 more Advance Precision Kill Weapio System (APKWS) laser-guided rockets, the company said May 8.This award falls under a $600 million 2016 Navy indefinite-delivery/indefinite-quantity contract as a vehicle to supply the APKWS to the Navy, Marine Corps, Army, Air Force, and allied countries under the Foreign Military Sales (FMS) process.BAE said this new award extended the existing contract’s initial unit production cap and total value for growing demand. It…

Congress

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