Le Lézard
Classified in: Science and technology, Business
Subject: CON

U.S Army signs agreement with BAE Systems for new M777 structures


New contract presents optimum conditions for a likely restart of M777 production

LONDON and FALLS CHURCH, Va., Jan. 4, 2024 /PRNewswire/ -- BAE Systems has signed an agreement with the U.S Army for M777 lightweight howitzer major structures, under an Undefinitized Contract Action (UCA), which is currently limited to $50 million. This allows BAE Systems to start delivering on the program, while finalizing the details of the contract and its total value with the customer.

"This restart of production of the major structures for the U.S. Army's M777s comes at a critical time"

BAE Systems will work with its supply chain in the UK and the U.S. to produce the major M777 titanium structures, which form the basis of the gun. The first major structures are due to be delivered in 2025.

BAE Systems has seen an increase in interest from across Europe, Asia, and the Americas in the M777 gun system. This new contract creates the optimum conditions for a restart of M777 production in the UK, and presents an opportunity to new and existing users to join a new M777 production initiative and take advantage of the benefits from a hot production line and economies of scale. The U.S., as well as Canada and Australia, has donated M777s to Ukraine.

"This restart of production of the major structures for the U.S. Army's M777s comes at a critical time, with howitzers deployed on operations in Ukraine. The U.S., as well as Canada and Australia, has donated M777s to Ukraine. We understand that they are performing well and we are very proud of our role in supporting our allies," said John Borton, vice president and general manager of BAE Systems Weapons Systems UK, which manages the manufacture and assembly of the M777 lightweight howitzers. "The M777 will remain at the forefront of artillery technology well into the future through the use of technical insertions, long-range precision guided munition developments, and flexible mobility options."

At half the weight of other 155mm towed howitzers, the M777 provides a rapid reaction capability and a proven pedigree that delivers decisive firepower when needed most in sustained combat conditions. With more than 1,250 M777s in service with ground forces in the United States, Ukraine, the Americas, Australia and India, the M777 is the only battle-proven 155mm lightweight howitzer in the world.

For more information, please contact:
Natasha Bolton, BAE Systems
Mobile: +44 (0)7900 051316
[email protected]

www.baesystems.com/US
@BAESystemsInc

SOURCE BAE Systems, Inc.


These press releases may also interest you

at 10:00
Leading research and experience management firm Sogolytics will showcase innovations in HR and employee experience at UNLEASH America next week. "With such a rapid evolution in the world of HR tech, we're seeing some major changes in how employers...

at 09:00
On Wednesday, Inman, the real estate industry's leading source of journalism, proudly announced the honorees of its 2024 Future Leaders in Real...

at 08:32
QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador. The announcement comes in line with the Group's vision and the values of...

at 08:05
(BRK.A; BRK.B) ? Berkshire's operating results for the first quarters of 2024 and 2023 are summarized in the following paragraphs. However, we urge investors and reporters to read our 10-Q, which has been posted at www.berkshirehathaway.com. The...

at 08:00
Settlements have been reached with Deutsche Bank, TD, Nomura, Credit Suisse, RBC, Barclays, BNP, Citigroup, and Credit Agricole (the "Settling Defendants") in a proposed class action relating to supranational, sovereign, sub-sovereign, governmental,...

at 07:56
RaySearch Laboratories AB (publ) and C-RAD are pleased to announce a collaboration agreement, aiming at jointly developing innovative solutions and products to enhance the quality of radiation therapy. The focus of the collaboration is to...



News published on and distributed by: