The U.S. Army has awarded BAE Systems a five-year contract extension for operations at the Radford Army Ammunition Plant with a ceiling value of up to $1.3 billion. The operating contract will extend through December 31, 2026. This award demonstrates the strong relationship between BAE Systems and the Army for operating the facility that produces critical munitions and explosives for the U.S. Department of Defense.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220726005364/en/

A BAE Systems employee at the Radford Army Ammunition Plant handles a Mk90 propellant grain. (Credit: BAE Systems)

The contract with BAE Systems Ordnance Systems Inc. covers management, production maintenance, sustainment, and modernization of the installation located in southwest Virginia. The company has operated the plant since 2012.

“Our team members have focused on safety, quality, and teamwork over our last ten years at Radford. It is their dedication to the mission that made this award possible,” said Brian Gathright, vice president and general manager of BAE Systems Ordnance Systems Inc. “Our organization has the expertise to perform the work necessary to deliver reliable, innovative energetics to the Army and those who serve in uniform.”

BAE Systems Ordnance Systems Inc. is a world leader in the production of munitions, propellants and explosives. In addition to Radford, it has operated the Holston Amy Ammunition Plant in Kingsport, Tennessee, since 1999 and has delivered on critical modernization projects while producing munitions.

Claire Powell, BAE Systems Mobile: (540) 529 5867 Claire.h.powell@baesystems.com www.baesystems.com/US @BAESystemsInc

Boeing (NYSE:BA)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Boeing Charts.
Boeing (NYSE:BA)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Boeing Charts.