The U.S. Navy has awarded BAE Systems (BAESY) $30M to refresh the AN/APX-123A Common Transponder, which provides time-critical insights that help prevent friendly fire incidents. The refreshed CXP will support the U.S. Navy fleet and joint forces for air defense, weapon systems, air traffic control, and range instrumentation.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAESY:
- BAE Systems price target raised to 2,100 GBp from 1,850 GBp at JPMorgan
- BAE Systems awarded $423.35M Army contract action
- Trump to make Golden Dome announcement Tuesday, Reuters reports
- BAE Systems awarded $138.55M Navy contract
- BAE Systems price target raised to 1,850 GBp from 1,800 GBp at JPMorgan