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| Name | Symbol | Market | Type |
|---|---|---|---|
| Bae Systems Plc (PK) | USOTC:BAESY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.48 | 2.20% | 68.78 | 68.78 | 68.85 | 69.31 | 68.60 | 69.21 | 84,249 | 18:21:32 |
From May 2019 to May 2024
By Stephen Nakrosis
BAE Systems on Tuesday said it received a contract from the U.S. Navy to modernize two guided-missile destroyers, the 23-year-old USS Carney and the 18-year-old USS Winston S. Churchill.
The $83.5 million contract include options that, if exercised, would bring the cumulative value to $211.6 million, the company said.
The modernization work will be carried out at the company's shipyard in Jacksonville and be performed sequentially.
The company also said the Jacksonville shipyard "has posted jobs and is expecting to hire workers in a number of trades, including welders, pipefitters, electricians, and painters, over the next two years to work on the two destroyers and for its ongoing repair and modernization work on other ships."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
August 11, 2020 15:43 ET (19:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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