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BAE Systems awarded $22M U.S. Navy contract for Mk41 canisters

BAE Systems (BAESY) announced that it has been awarded a $22M contract by the U.S. Navy to produce missile canisters for the Mk 41 Vertical Launching Systems, with the total value potentially reaching $317M if all options are exercised. This follows a contract award with a total value of $738M for Mk 41 VLS missile launching canisters last July. These awards reflect BAE Systems’ leading expertise in missile launch canisters for the U.S. Navy. Under the contract, the company will also continue to manufacture Mk 29 missile canisters.

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