ARLINGTON (dpa-AFX) - BAE Systems (BA. L), an aerospace and defense company, Monday announced that it has signed a multi-year framework agreement for up to seven years of multi-year procurement with the U.S. Department of War to increase production capacity of APKWS laser-guidance kits to up to 35,000 units per annum.
The financial details of the transaction have not been divulged.
APKWS kits are a multi-mission solution for precision strikes against a range of threats, including the counter unmanned aircraft systems where laser guided kits transform unguided 2.75-inch rockets into precision-guided munitions. They can be deployed against a wide range of platforms and are effective in air-to-surface, surface-to-surface, surface-to-air, and air-to-air engagements.
The kits are produced in the company's manufacturing facilities in Hudson, New Hampshire and Austin, Texas.
On Monday, shares closed at 1952.50 pence down 1.56% on the London Stock Exchange.
Copyright(c) 2026 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2026 AFX News
