FX.co ★ BAE Secures $68 Mln Contract For Production Of Additional Cold Weather ATV

BAE Systems plc (BA.L) has announced securing contracts worth a total of $68 million to provide the U.S. Army with an additional 44 Cold Weather All-Terrain Vehicles. This includes an extension of $48 million to the existing full-rate production contract from August 2022, with the balance earmarked for 2025 funding. Currently, BAE's shares are valued at 1,151 pence on the London Stock Exchange, marking a decline of 1.29 percent.