BAE Systems said it is making moves to increase its share of the $3 billion global market for F-16 fighter jet upgrades. The contractor generated optimism from its 2012 contract win to refurbish 130 South Korean jets. “We’re looking at potentially where to take this next,” said Dave Herr, president of BAE’s support solutions business. “It’s a …
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BAE Systems Inc. has confirmed its contract with South Korea to upgrade 130 of that country’s F-16 fighter jets for a reported $1.1 billion. The British contractor’s U.S. subsidiary said its support solutions business will receive a letter of request from the South Korean government to serve as the sole …
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The implications for Virginia when it comes to defense budget cuts are clear, especially for the state’s Hampton Roads region. With a good portion of the area’s economy tied to the government-contracting industry, cuts could prove a challenge, The Virginian-Pilot reports. Believers in Hampton Roads’ economy, however, point to a …
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A BAE Systems-developed explosive that acts as a safer alternative to TNT artillery was selected by Time Magazine as one of “The 50 Best Inventions of 2010.” President of BAE Systems Support Solutions Dave Herr said the IMX-101 technology exemplified innovation. “One of BAE Systems’ core values promotes innovation, and …
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