Business Services Industry
BAE Systems wins $484 million contract with U.S. Army.
Knight Ridder/Tribune Business News, October, 2004
By Karen Spiller, The Telegraph, Nashua, N.H. Knight Ridder/Tribune Business News
Oct. 13--NASHUA, N.H. -- The U.S. Army has awarded BAE Systems a $484 million, five-year contract for infrared countermeasures to protect Army aircraft against guided missiles, bringing additional jobs to the area, according to company officials.
BAE expects the program to continue beyond the five years and be more than a billion dollar business for the company, according to Chris Ager, the company's business development manager for infrared countermeasures.
"It may be the most relevant contract that we have supporting the military today," Ager said Tuesday.
And the contract means the company will need more workers. "We are hiring qualified...
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