We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
20.00 | 1.52% | 1,340.00 | 1,344.00 | 1,345.00 | 1,345.50 | 1,307.00 | 1,323.50 | 6,811,306 | 16:35:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Aircraft | 23.23B | 1.86B | 0.6133 | 21.91 | 40.69B |
BAE Systems has secured a three-year, $37 million U.S. Air Force contract to continue providing support services that manage obsolete parts for aircraft, weapon systems, and a range of electronics and equipment. The company has held this contract for the past eight years with the Air Force’s Strategic Alternative Sourcing Program Office.
This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180205005184/en/
Under a $37 million contract, BAE Systems will continue providing the U.S. Air Force with support services that manage obsolete parts for aircraft, weapon systems, and a range of electronics and equipment. (Photo: U.S. Air Force)
Under the new award, BAE Systems’ Advanced Component Obsolescence Management (AVCOM) will continue to help users forecast when parts that are used in Air Force systems and platforms will become obsolete. With access to a database comprised of millions of parts and part types, AVCOM also assists logistics supply mangers in identifying additional suppliers when needed, as well as suitable replacement parts available across the marketplace. AVCOM helps the Air Force be more proactive in reducing sustainment costs, while helping to mitigate potential redesigns caused by changes in part availability or obsolescence.
“We help our customers anticipate, manage, and sustain any system, to maximize its effectiveness throughout its life cycle,” said Al Whitmore, president of BAE Systems’ Intelligence & Security sector. “AVCOM offers assurance that the parts and raw materials Air Force personnel need are available, and it gives them ample time to address potential risks of shortages before problems arise.”
AVCOM has supported a number of Air Force programs with obsolescence management since 1991. Work on the latest award will be performed at the company’s facilities in Florida, Georgia, Oklahoma, and Utah, and will support Air Force operations worldwide.
BAE Systems delivers a broad range of solutions and services including intelligence analysis, cyber operations, IT, systems development, systems integration, and operations and maintenance to enable militaries and governments to recognize, manage, and defeat threats. The company takes pride in supporting critical national security missions that protect the nation and those who serve.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180205005184/en/
BAE SystemsCharles Ratzer, 703-321-6342charles.ratzer@baesystems.comwww.baesystems.com/US@BAESystemsInc
1 Year Bae Systems Chart |
1 Month Bae Systems Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions