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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.07 | 0.10% | 69.70 | 69.63 | 69.87 | 70.05 | 69.45 | 69.57 | 241,559 | 21:00:15 |
By Ian Walker
Babcock International Group has been awarded two submarine contracts worth 121 million pounds ($152.8 million) between them.
The defense company--a major contractor for the U.K. government--said Tuesday that it has been awarded a 4.5 year contract with the U.K.'s Ministry of Defence worth GBP66 million to provide assistance in the support solution development for the new Dreadnought Class submarines.
It has also been awarded a GBP55 million contract by BAE Systems for Weapon Handling and Launch System and Submerged Signal Ejector equipment for the Dreadnought Class.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
November 28, 2023 08:55 ET (13:55 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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