LSE:BA.Aerospace & Defense
BAE Systems Wins U.S. Navy Deal As Valuation And Momentum Align
BAE Systems, via its joint venture Data Link Solutions, has received a major U.S. Navy contract for hundreds of next generation MIDS JTRS radio terminals.
The new terminals are intended to provide jam resistant, secure communications to U.S. forces and allied militaries.
This award expands BAE Systems' role in advanced military communications across multiple defense platforms.
For investors watching LSE:BA., this contract lands after a period of strong share price momentum, with the stock...