BAE Wins Billion-Dollar US Defence Contracts

MILPLEX

by Staff Writers
London (AFP) Oct 10, 2006
British group BAE Systems announced on Tuesday that it has won a clutch of US government defence contracts potentially worth 1.2 billion dollars (957 million euros) in value. The group said it received a 450-million-dollar contract from the US government to provide "performance-based solutions to reengineer and remanufacture obsolete aircraft parts for the US Navy and other government agencies".

Work on the new contract would begin immediately and will be performed by BAE Systems operations around the world.

BAE also said it has won a 132-million-dollar Concepts and Operations for Space and Missile Defense Integration Capabilities (COSMIC) contract from the US Army.

Under the COSMIC contract, BAE will provide engineering, maintenance and support services to the US Army Space and Missile Defense Future Warfare Center.

The total cumulative value of the 10-year COSMIC contract could reach 482 million dollars if all options were exercised, BAE said.

The defence group added that it has also received a 87-million-dollar ship repair contract from the US Navy.

But the total worth of the multi-ship multi-option contract could reach 270 million dollars.

Source: Agence France-Presse

MILPLEX

Russia Has No Plans For Hostile Takeover Of EADS

Dresden (RIA Novosti) Oct 11, 2006
Russian President Vladimir Putin said Tuesday Russia has no plans for the hostile takeover of the European Aeronautic Defense and Space Company (EADS) by Russia's energy giant Gazprom. Putin's aide Sergei Prikhodko said in mid-September that he did not rule out the purchase of a blocking stake in EADS, which holds an 80% stake in Airbus, and other assets.

SUPERPOWERS Bring Back The Tsar Big Powers To Hold Crucial Meeting On Iran With UN Sanctions In View Russia To Provide Significant Military Aid To Allies Says Ivanov Woes Of Worst Case Analysis Catch Out National Intelligence Estimate	TRADE WARS China Steps Up IPR Protection To Promote Innovation Chinese, Australian Commerce Ministers Confident About Reaching FTA Silk Road Pass To Increase China Tourists To India Furious Women Protest In Shanghai Over Flawed US-Japanese Cosmetics
DISASTER MANAGEMENT British Experts Smoke Out Hi-Tech Help For Fire Rescue Year Of 'Quake Jihad' For Pakistan Militants Musharraf Slams Oxfam Over Pakistan Quake Warning Pakistan Earthquake Reconstruction On Track	DRAGON SPACE Thirty Songs To Be Broadcast From Lunar-Probing Satellite China To Start Earth Trials Of Space-Bred Seeds China And US In Ongoing Talks To Understand Space Opportunities NASA chief Getting To Know China
ENERGY TECH Can Colorado Oil Shale Ease America Energy Woes Sandia Selected As National Center for Solid-State Lighting Research Air Force Making Progress On Alternative Fuels Norway Plans Three-Billion-Dollar Fund For Renewables	EPIDEMICS West Java Goes Own Way On Avian Flu Management A Biocontrol Agent Which Doesn't Trigger Antibiotic Resistance US, Australian Scientists Develop Vaccine Against Deadly Viruses 'Killer' B Cells Provide New Link In The Evolution Of Immunity
CIVIL NUCLEAR Nuclear Renewal Rooted In New Political Climate Russia Says Still Ready To Set Up Iran Uranium Joint Venture Georgia Looking To Build Its First Nuclear Power Plant Germany Calls For An International Uranium Enrichment Centre	THE PITS One dead, 38 trapped in China mine accidents: reports China To Close 5000 Coal Mines To Improve Safety Eighteen killed in northern China coal mine accident Five shot during riots at Chinese-owned mine in Zambia: report

The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement