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BAE Systems PLC (BAES.L)

BAES.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BAE Systems Awarded Funding From Defense Advanced Research Projects Agency
Tuesday, 9 Jul 2019 

July 9 (Reuters) - BAE Systems PLC ::BAE SYSTEMS PLC - BAE SYSTEMS HAS BEEN AWARDED FUNDING FROM DEFENSE ADVANCED RESEARCH PROJECTS AGENCY (DARPA).BAE SYSTEMS PLC - AWARDED FUNDING TO INTEGRATE MACHINE-LEARNING (ML) TECHNOLOGY INTO PLATFORMS THAT DECIPHER RADIO FREQUENCY SIGNALS.BAE SYSTEMS - CONTRACT UP TO $4.7 MILLION DEPENDENT ON COMPLETION OF MILESTONES INCLUDES HARDWARE DELIVERY ALONG WITH INTEGRATION, DEMONSTRATION SUPPORT.  Full Article

U.S. Marine Corps Awards Bae Systems Team A Contract To Develop Acv Family Of Vehicles
Tuesday, 25 Jun 2019 

BAE Systems PLC ::U.S. MARINE CORPS AWARDS BAE SYSTEMS TEAM A CONTRACT TO DEVELOP ACV FAMILY OF VEHICLES.BAE SYSTEMS PLC - AWARDED A $67 MILLION CONTRACT MODIFICATION BY U.S. MARINE CORPS.  Full Article

BAE Systems Says U.S. Navy Awards Co Five-Year, $90 Mln Indefinite-Delivery/Indefinite-Quantity Contract
Monday, 24 Jun 2019 

June 24 (Reuters) - BAE Systems PLC ::U.S. NAVY HAS AWARDED BAE SYSTEMS A FIVE-YEAR, $90 MILLION INDEFINITE-DELIVERY/INDEFINITE-QUANTITY CONTRACT.  Full Article

SRC Wins Contract To Manufacture And Deliver 40 Common Electronic Attack Receiver Systems
Tuesday, 18 Jun 2019 

June 18 (Reuters) - SRC Inc::SRC INC - HAS BEEN AWARDED A $5.2 MILLION CONTRACT FROM BAE SYSTEMS TO BUILD AND DELIVER 40 COMMON ELECTRONIC ATTACK RECEIVER SYSTEMS.  Full Article

Magellan Aerospace Signs Agreement With Bae Systems For F-35 Aircraft Assemblies
Tuesday, 14 May 2019 

May 14 (Reuters) - Magellan Aerospace Corp ::MAGELLAN AEROSPACE SIGNS AGREEMENT WITH BAE SYSTEMS FOR F-35 AIRCRAFT ASSEMBLIES.MAGELLAN AEROSPACE CORP - WILL CONTINUE PRODUCING F-35 LIGHTNING II HORIZONTAL TAIL ASSEMBLIES UNDER AN AGREEMENT WITH BAE SYSTEMS.MAGELLAN AEROSPACE - HORIZONTAL TAIL ASSEMBLIES PRODUCED AT MAGELLAN WILL BE USED ON CONVENTIONAL TAKEOFF AND LANDING (CTOL) VARIANT OF F-35.MAGELLAN AEROSPACE CORP - AGREEMENT IS CONTINUATION OF CONTRACT AWARDS MADE TO MAGELLAN BY BAE SYSTEMS.MAGELLAN AEROSPACE CORP - WITH ADDITIONAL QUANTITIES AWARDED, MAGELLAN WILL MORE THAN DOUBLE ITS HORIZONTAL TAILS PRODUCED THUS FAR FOR PROGRAM.  Full Article

CMA Considering If Rheinmetall Defense Acquisition Of BAE Systems Global Will Result In Competition Lessening
Monday, 15 Apr 2019 

April 15 (Reuters) - BAE Systems PLC ::UK'S CMA- CONSIDERING IF ACQUISITION BY RHEINMETALL DEFENSE UK LTD OF BAE SYSTEMS GLOBAL COMBAT SYSTEMS WILL RESULT IN LESSENING OF COMPETITION.  Full Article

BAE Systems Says Is Updating F-35 Electronic Warfare Systems
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - BAE Systems Plc ::UPDATING F-35 ELECTRONIC WARFARE SYSTEMS.SYSTEM UPDATE RESOLVES ISSUES WITH MANUFACTURING OBSOLESCENCE THAT WOULD HAVE OTHERWISE REQUIRED COSTLY REDESIGN WORK.  Full Article

BAE Systems To Continue Providing Operations, Support For U.S. Navy Under 5-Year Contract
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - BAE Systems PLC ::BAE SYSTEMS PLC - CO TO CONTINUE PROVIDING OPERATIONS AND SUPPORT FOR U.S. NAVY UNDER A FIVE-YEAR CONTRACT.BAE SYSTEMS-WILL ASSIST U.S. NAVY IN MAINTAINING, OPERATING MULTIPLE ELECTRONIC, COMMUNICATION, COMPUTING PLATFORMS UNDER 5-YEAR, $79.8 MILLION CONTRACT.  Full Article

U.S. Army Awards BAE Systems Contract Worth Up To $376 Mln
Monday, 17 Dec 2018 

Dec 17 (Reuters) - BAE Systems PLC ::PRESS RELEASE BAE SYSTEMS AWARDED DEVELOPMENT CONTRACT FOR MOBILE PROTECTED FIREPOWER.U.S. ARMY AWARDED BAE SYSTEMS CONTRACT WORTH UP TO $376 MILLION.UNDER CONTRACT, BAE SYSTEMS WILL PRODUCE 12 PROTOTYPE VEHICLES DURING EMD PHASE.  Full Article

Rolls-Royce To Supply MTU Generator Sets For Refurbishment Of Naval Vessels
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE TO SUPPLY MTU GENERATOR SETS FOR REFURBISHMENT OF UK TYPE 45 NAVAL VESSELS.IT IS TO SUPPLY 18 MTU SERIES 4000 DIESEL GENERATOR SETS TO BAE SYSTEMS AS PART OF THE POWER IMPROVEMENT PROJECT (PIP).  Full Article

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Britain and Sweden agree to co-operate on fighter plans

RAF FAIRFORD, England Britain and Sweden agreed on Friday to study air combat co-operation and opened the door to other potential partners in a move that could see the Scandinavian country join a planned next-generation UK fighter project.