LSE:BA.Aerospace & Defense
BAE Systems Wins Key U.S. Contracts And Extends Defense Growth Story
BAE Systems secured substantial new contracts from the U.S. Army for M109A7 artillery units and from the U.S. Marine Corps for additional Amphibious Combat Vehicles.
The awards expand the company’s backlog of U.S. defense work and reinforce its role as a key supplier of advanced ground combat systems.
For investors tracking BAE Systems (LSE:BA.), these contract wins come with the shares around £20.62 and a 5-year return of 401.3%. Over the past year, the stock is up 68.8%, with gains of...