tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BAE Systems receives $184M full-rate production contract, expanding ACV program

BAE Systems (BAESY) announced that it has received a $184M contract from the U.S. Marine Corps for the production of 30 additional Amphibious Combat Vehicles, a portion of the previously awarded full-rate production Lot 5/6 contract. This latest award, designated as FRP 6A, brings the total number of ACV-30s ordered to over 100, BAE said. Work on the ACV-30 program will take place in Johnstown and York, Pennsylvania, and the Naval Warfare Information Center in Charleston, South Carolina, for the Government’s integration of the KONGSBERG turret.

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1