Charleston, SC Economic Development

BAE nets $242 million Pentagon contract

Feb. 15, 2008
Charleston Regional Business Journal
By Dan McCue
BAE Systems, a London-based defense contractor with U.S. operations in Charleston and San Diego, among other cities, has secured a $242 million Pentagon contract to provide a technological platform to the U.S. Navy.

The five-year contract requires BAE Systems to provide systems integration, engineering, fabrication, assembly, testing and limited installation services aboard all new Navy ships built during the assignment period.

It also includes three one-year options that could bring the total potential value of the contract to $344 million.

“This is an important and strategic win for BAE Systems,” said Doug Belair, president of the company’s Technology Solutions & Services division. “We have an outstanding partnership with the Navy, and we look forward to continuing to grow in the Charleston area.”

Belair also said the award ties directly to the core capabilities of the company’s Technology Solutions & Services business and will bring the full resources of BAE Systems for the benefit of the Navy. 		related information