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Latest Federal & Government Contracting Companies' News Coverage
BAE Systems has received a $46.8 million contract modification from the U.S. Navy to update the service branch’s current naval gun systems. The company said Monday it will deliver four additional Mk 45 Naval Guns with the Mod 4 configuration designed to increase the weapon’s firepower and range capacity. “Mod 4 updates make the system easier to […] More
The U.S. subsidiary of BAE Systems has secured a $50 million contract option to incorporate the Mod 4 configuration into an additional four Mk 45 naval gun systems onboard U.S. Navy guided missile destroyers. The company said Tuesday the exercised option brings the full value of BAE Systems Inc.‘s Mk 45 modernization contract with the service branch to $130 million. The Mod 4 configuration will […] More
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