BAE Secures $177.8M U.S. Navy Contract Modification for Repair and Modernization

Wednesday, 28 August 2024, 22:19

BAE secures a $177.8M contract modification from the U.S. Navy for the repair, maintenance, and modernization of the USS Halsey. The project is based in San Diego and is expected to complete by April 2026. This contract highlights BAE's ongoing commitment to enhancing naval capabilities.
Seeking Alpha
BAE Secures $177.8M U.S. Navy Contract Modification for Repair and Modernization

BAE's Strategic Contract Modification

BAE secures a $177.8M contract modification from the U.S. Navy, emphasizing its role in repair, maintenance, and modernization efforts.

Project Overview

  • Contract is focused on the USS Halsey, a crucial naval asset.
  • Expected completion date is April 2026.
  • Work will take place in San Diego, a key naval hub.

Significance of the Contract

  1. This modification will enhance operational readiness.
  2. It showcases the U.S. Navy's investment in fleet modernization.
  3. BAE's continued partnership with the Navy strengthens defense capabilities.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe