BAE Systems has signed a $68 million contract to produce 44 additional Cold Weather All Terrain Vehicles (CATVs) for the U.S. Army.
' The CATV offers the U.S. Army a dynamic combination of mobility and flexibility for rapid response in any terrain,' said Dean Medland, Vice President of Sustainment & International at BAE Systems.
' We are proud to support additional CATV production for the US Army, and are confident that the vehicle's go-anywhere capability and modular design will meet their future needs, enabling them to carry out a range of missions from military operations to humanitarian aid and disaster response."
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BAE Systems plc is one of the world's leaders in designing, producing and marketing defense and aerospace systems and equipment. The activity is organized mainly around three families of products and services:
- land-based equipment: combat vehicles, tanks, missile launchers, artillery systems, munitions, etc.;
- electronic communication, navigation, and simulation systems. The group also offers ship and boat repair services;
- aeronautical and marine equipment: aircraft, watercraft, submarines, etc.
Net sales are distributed geographically as follows: the United Kingdom (26.8%), Europe (6.6%), the United States (47.7%), Saudi Arabia (11%), Australia (4.4%), Asia/Pacific (1.3%), Qatar (1%), Canada (0.7%) and other (0.5%).
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Investor
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Global
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ESG MSCI
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