BAE Systems Awarded $21 Billion Contract for Virginia-based Defense Firm

Introduction

BAE Systems Land Armaments LP, a subsidiary of BAE Systems plc, has been awarded a $21 billion contract to provide advanced technology engineering and management solutions to the U.S. Army's Ground Vehicle Systems Center (GVSC).

The contract, which was announced on May 16, 2023, extends DCS's 35-year history of supporting the GVSC.

Details of the Contract

The contract includes the following:

• Research and development of new technologies for ground vehicles
• Engineering and design of new and upgraded ground vehicles
• Production and testing of ground vehicles
• Life-cycle support of ground vehicles

The contract is expected to create 1,000 new jobs in the Sterling Heights, Michigan area.

Significance of the Contract

The contract is a major win for BAE Systems and the Sterling Heights community.

For BAE Systems, the contract will help to solidify its position as a leading provider of defense solutions.

For Sterling Heights, the contract will create new jobs and boost the local economy.

BAE Systems' Commitment to Michigan

BAE Systems has a long history of supporting the Michigan community.

The company has invested more than $1 billion in Michigan over the past decade, and it employs more than 2,000 people in the state.

BAE Systems is committed to continuing to invest in Michigan and to supporting the local community.

Conclusion

The award of the $21 billion contract to BAE Systems is a major win for the company and for the Sterling Heights community.

The contract will create new jobs, boost the local economy, and help to solidify BAE Systems' position as a leading provider of defense solutions.