Tuesday, April 19, 2011

BAE Systems plc (LON:BA) Extends Contract

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BAE Systems plc (LON:BA) Australia has extended its contract with Xchanging. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full BA chart at Wikinvest BAE Systems plc (LON:BA) Extends Contract BAE Systems plc (LON:BA) Australia has extended its Procurement Services contract with Xchanging. As part of the contract extension, BAE Systems plc (LON:BA) and Xchanging have agreed on a new model that enhances the levels of innovation and strategic change delivered. David Gillard, the Director of BAE Systems plc (LON:BA) Australia’s Commercial & Procurement division said that, “Our vision is to be Australia’s strategic industry capability and sustainment provider across the defence and security domains. In this regard we are working closely with our Customer to support the Strategic Reform Program. With Xchanging managing our indirect procurement, this enables us to focus more on our customers and our core activities, and still achieve cost savings”. BAE Systems plc (LON:BA) company shares stood at 329.7 at the end of the last trading session. Price History Last Price: 329.7 52 Week Range: 288.10- 378.80 Last Vol: 1547537 3 Month Vol: 63635100



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