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BAE Wins $181 Million Navy Contract To Continue Building Rockets

Friday, June 16th, 2017

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The U.S. Navy awarded Britain’s BAE Systems a $180.5 million contract order to continue building Advanced Precision Kill Weapon System (APKWS) laser-guided rockets, the company said on June 12.This award is for 7,000 units and is the second order on the larger indefinite delivery, indefinite quantity (IDIQ) contract, a BAE spokesperson told sister publication Defense Daily in an email. The larger contract has a ceiling of 10,000 units in 2017. BAE said this order will help the company meet increased U.S. and international demand…

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