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BAESY Bae Systems Plc (PK)

68.81
1.51 (2.24%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  1.51 2.24% 68.81 68.53 69.29 69.31 68.60 69.21 128,659 21:15:00

BAE Systems to Support F-35 EW Countermeasures

04/08/2021 8:46pm

Dow Jones News


Bae Systems (PK) (USOTC:BAESY)
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   By Stephen Nakrosis 
 

BAE Systems Inc. on Wednesday said it will provide "critical sustainment support" for electronic countermeasure systems on the F-35 fighter aircraft under a $93 million, five-year undefinitized contract action from Lockheed Martin.

The contract will see BAE provide software maintenance, depot test equipment support, technical field support and other services for the F-35 U.S. Reprogramming Laboratory, the company said.

Rob Dykema, F-35 Sustainment program director at BAE Systems, said, "This contract lays critical sustainment groundwork, establishing and optimizing the infrastructure to support the aircraft."

 

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

August 04, 2021 15:46 ET (19:46 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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