BAE Systems BAESY continues to benefit from long-term demand for strategic defense systems and related support services. Its Technology Solutions & Services business recently received a $70.5 million contract from the U.S. Navy to provide technical support and facilities engineering services for the Trident II D5 Strategic Weapons System program. The contract includes optional line items and is expected to be completed by September 2031. Work will be performed primarily in Washington, D.C., along with facilities in Kings Bay, GA, and Bangor, WA. The award also includes support for a Foreign Military Sale, highlighting international demand for the program. The Trident II D5 is a key component of the U.S. Navy's strategic deterrence capabilities.
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