BAE Systems wins $46 million Egyptian aviation contract
The British Aerospace Systems (BAE)’ American subsidiary is being awarded a $45.8 million firm-fixed-price contract to provide six reconnaissance pods, two ground stations and various related equipment to Egyptian Theater Airborne Reconnaissance Systems Program (F-16s) and foreign military sales for Egypt.
This work will be complete by January 2007. The deal will supply the program with support equipment, technical manuals, spares, training and repair services for the pods and ground stations. At this time, $23,875,000 of the funds has been obligated. Further funds will be obligated as individual delivery orders are issued.
Established in 1977, BAA Systems is a global defense and aerospace company, with interests also in civilian avionics and engineering. The privately owned company directly employs over 100,000 people, over a third of which reside outside the UK—in the US, Saudi Arabia, France, Italy, Germany, Sweden, Australia and Canada. — (menareport.com)
© 2002 Mena Report (www.menareport.com)