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BAE, Northrop, SAIC, others in $3.04 billion U.S. defence contract
February 9, 2017 / 10:50 PM / 8 months ago

BAE, Northrop, SAIC, others in $3.04 billion U.S. defence contract

A sign adorns a hangar at the BAE Systems facility in Salmesbury, Britain, March 10, 2016. REUTERS/Phil Noble/File Photo

WASHINGTON (Reuters) - A group of companies including subsidiaries of BAE Systems (BAES.L), Northrop Grumman Corp (NOC.N), Science Applications International Corp (SAIC.N), Teledyne Technologies Inc (TDY.N) and KBR Inc (KBR.N) will share in a $3.04 billion missile defence contract, the Pentagon said on Thursday.

The order-dependent contract is for a “research and development effort for the design, development, demonstration, and integration, domain-one of space/high altitude and missile defence hardware and software solutions,” the Pentagon said in a statement.

Other participants include privately held Dynetics Inc, Raytheon Co (RTN.N) and QWK Integrated Solutions LLC, which is a joint venture owned by a KBR subsidiary, Kratos Defense and Security Solutions Inc (KTOS.O) and privately owned Vencore Inc.

Reporting by Eric Walsh

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