Search

U.K. Awards BAE Systems $3.2 Billion Deal To Continue Supplying Munitions

U.K. Awards BAE Systems $3.2 Billion Deal To Continue Supplying Munitions
The Challenger 2 Main Battle Tank (MBT) in use by the British Army. Photo: BAE Systems.

The U.K. has awarded BAE Systems a new 15-year, $3.2 billion deal to continue supplying munitions for the British military, the company said Monday. BAE Systems said the deal will allow for a $93.3 million investment toward upgrading manufacturing lines, with plans to also spend $466.3 million on purchasing raw materials and machine components from British companies.  “This contract secures the future of a highly technical and critical industry which supports thousands of manufacturing jobs in several areas throughout the…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]