Wednesday, May 4, 2011

BAE Systems plc (LON:BA) Wins Flying Contract

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BAE Systems plc (LON:BA) has won a new flying training contract from the Australian Defense Force. BAE Systems plc (LON:BA) Wins Flying Contract 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 Under this newly signed Interim Basic Flying Training (IBFT) contract worth $94.2 million, BAE Systems plc (LON:BA) will continue to provide basic pilot training for six years from next year January onwards. The Australian Department of Defense said, "BAE Systems plc (LON:BA) will continue to provide basic flying training at Tamworth [New South Wales] using the aircraft, upgraded to meet contemporary crashworthiness requirements. The six-year contract includes annual extension options for up to a further six years." BAE Systems plc (LON:BA) stocks stood at 329.8 at the end of the last trading session (last trade 3 May 16:35). Price History Last Price: 329.8 52 Week Range: 288.10- 372.90 Last Vol: 8538581 3 Month Vol: 68743000



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