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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bae Systems Plc | LSE:BA. | London | Ordinary Share | GB0002634946 | ORD 2.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
2.00 | 0.14% | 1,394.00 | 1,396.00 | 1,397.00 | 1,402.00 | 1,391.00 | 1,400.00 | 3,484,211 | 16:35:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Aircraft | 23.23B | 1.86B | 0.6133 | 22.76 | 42.27B |
The U.S. Defense Advanced Research Projects Agency (DARPA) has awarded BAE Systems a $4.6 million contract for its Mobile Offboard Clandestine Communications and Approach (MOCCA) program. The MOCCA program’s goal is to enable submarines to detect other submerged vessels at greater distances, while minimizing the risk of counter-detection.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170718005104/en/
BAE Systems researchers will design DARPA technology to enable Navy submarines to detect and track other subs at greater distances, while minimizing the risk of counter-detection. (Photo: BAE Systems)
“Advances in maritime technology are critical to the Department of Defense and an area where the U.S. military can continue to strengthen its advantage,” said Geoff Edelson, director of Maritime Systems and Technology at BAE Systems. “With the resurgence of near-peer competitors and an increasing number of submarines, MOCCA technology will provide Navy submariners with a vital asymmetrical advantage against a rapidly proliferating undersea threat.”
To meet the MOCCA program’s ambitious Phase 1 goals, BAE Systems’ researchers will design efficient sonar capabilities to maximize detection range and improve target identification and tracking.
The MOCCA program demonstrates BAE Systems’ strength in innovation and its capability to design technologies for future combat scenarios. The research and development team at BAE Systems regularly works closely with DARPA and other defense research institutes to create and deliver capabilities that improve the competitive advantages of the U.S. armed forces.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20170718005104/en/
BAE SystemsMark DalyOffice: +1 603-885-1144Mobile: + 1 603-233-7636mark.g.daly@baesystems.comwww.baesystems.com/US@BAESystemsInc
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