BAE Systems Secures $138M Navy Contract for Submarine Propulsion

BAE Systems' Land & Armaments division has been awarded a $137.66 million contract by the U.S. Navy to provide propulsion systems and related services for Virginia-class submarines. The deal includes engineering, materials, and support over an ordering period of up to five years. Work on the contract will take place in Louisville, Kentucky, with completion expected within that timeframe. This award underscores BAE Systems' continued role in supporting U.S. naval capabilities through advanced propulsion technologies for submarine fleets.

By Sara Sethiya, SA News Editor · Seeking Alpha ·

BAE Systems Secures $138M Navy Contract for Submarine Propulsion

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Topics: BAE Systems contracts defense

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