Defence giant BAE bolstered by U.S. contract

12.08.2009 North America

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BAE Systems has bagged about £1.8billion in contracts, including a potentially huge £1.2billion order from the U.S. Army for its infra-red vision system for combat vehicles.

The so-called 'Driver's Vision Enhancers' are designed to significantly improve night vision for up to 17 types of military vehicles.

BAE has received initial orders for 338 DVE systems from the U.S. Army, with the possibility of more to come over the course of the five-year contract.

The British defence giant also won a ten-year £370million deal to maintain and develop torpedoes for the Royal Navy and Royal Air Force.

The agreement consolidates 11 separate contracts into one, saving the Ministry of Defence at least £65million. It will support around 120 skilled jobs at BAE's Portsmouth site.

The deal covers the support and maintenance of the heavyweight Spearfish torpedoes that arm Britain's submarine fleet, as well as light-weight Sting Ray torpedoes.

BAE (up 4.9p at 325½p) has also won a £210million deal to supply the U.S. Army with handheld gadgets that help front-line soldiers identify target locations in daylight or in low-visibility conditions.

 
 



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