BAE Systems to Provide Worldwide Engineering and Technical Services to the Defense Logistics Agency

Rhea-AI Summary

BAE Systems has been awarded contracts worth approximately $139.7 million by the Defense Logistics Agency (DLA) for Energy Automation Operational Technology Sustainment. These contracts will enhance DLA's operational capabilities for the Department of Defense, focusing on fuel system supply and distribution. BAE Systems will provide around-the-clock engineering, maintenance, and integration services for DLA’s Automated Tank Gauging and Overfill Protection Equipment, ensuring the efficient delivery and storage of fuel for U.S. military operations worldwide.

Positive

• Awarded contracts totaling approximately $139.7 million, enhancing revenue.
• Continued partnership with DLA for over 20 years signals strong client trust.
• Provision of critical services improves DLA's operational effectiveness.

Negative

• None.

MCLEAN, Va.--(BUSINESS WIRE)-- The Defense Logistics Agency (DLA) awarded BAE Systems, Inc. contracts totaling approximately $139.7 million for Energy Automation Operational Technology Sustainment. Under these task order contracts, BAE Systems will provide engineering and technical support services to help improve DLA’s ability to provision the Department of Defense’s (DoD) missions around the world.

The Defense Logistics Agency (DLA) awarded BAE Systems, Inc. contracts totaling approximately $139.7 million for Energy Automation Operational Technology Sustainment. (Photo: BAE Systems)

“For the past 20 years, our engineering and technical subject matter experts have supported DLA’s mission of providing safe, on-time, accurate delivery and storage of fuel for our warfighters’ ships, planes, vehicles, and shore facilities,” said Lisa Hand, vice president and general manager of BAE Systems Integrated Defense Solutions. “We bring enhanced insight into fuel system availability, while enabling DLA to improve its inventory storage and distribution performance worldwide.”

The company was awarded contracts for work in and outside the United States. BAE Systems will provide a range of services including around-the-clock sustainment, preventive and corrective maintenance, and integration of DLA’s Automated Tank Gauging, Independent Alarm Systems, and Overfill Protection Equipment on DoD fuel storage and distribution systems. This includes sensors, gauges, alarms, controls, and network communications at DoD fueling facilities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211005005039/en/

Maria McGregor, BAE Systems

Mobile: 619-207-8915

Maria.mcgregor@baesystems.com

www.baesystems.com/US

@BAESystemsInc

Source: BAE Systems, Inc.

FAQ

What was the value of the contracts awarded to BAE Systems by DLA?

BAE Systems was awarded contracts worth approximately $139.7 million by the Defense Logistics Agency.

What services will BAE Systems provide under the new DLA contracts?

BAE Systems will provide engineering support, maintenance, and integration of fuel storage and distribution systems.

How long has BAE Systems supported the Defense Logistics Agency?

BAE Systems has supported the DLA for over 20 years.

What is the stock symbol for BAE Systems?

The stock symbol for BAE Systems is BAESY.

What is the focus of the contracts awarded to BAE Systems?

The contracts focus on Energy Automation Operational Technology Sustainment to improve fuel system availability for the Department of Defense.