BAE SYSTEMS PLC S/ADR - BAESY STOCK NEWS

Comtech Telecommunications Corp. (NASDAQ: CMTL) has appointed Maria Hedden as its new Chief Operating Officer to enhance operational efficiency and customer satisfaction. With over 20 years of experience in the defense and communications sectors, including roles at BAE Systems and Leidos, Hedden is expected to streamline production and improve delivery schedules. The goal is to scale Comtech into a leading provider of Failsafe Communications. CEO Michael Porcelain emphasized the importance of operational excellence in achieving this vision.

Stellex Capital Management announced its acquisition of RTC Aerospace, a manufacturer of complex machined components for aerospace and defense applications. RTC has over 65 years of experience providing specialized solutions for military and commercial aircraft. The transaction aims to support RTC's organic growth and strategic M&A plans, enhancing its market presence. Brad Hart remains as an investor and board member, while Dave Herr will assist in driving growth. Stellex aims to leverage its aerospace expertise to elevate RTC as a leading manufacturing partner in the sector.

Wray Castle has partnered with Delta Partners to establish the Delta Academy, a tailored learning and development program aimed at enhancing knowledge and skills in telecommunications and technology. This initiative responds to rising client demands and the dynamic tech landscape. Delta Partners will leverage Wray Castle's extensive training expertise, offering bespoke learning pathways for all levels. The collaboration signifies a strategic investment in workforce development in the TMT sector, benefiting both companies and their clients.

BAE Systems (BAESY) has been awarded a contract by the Southeastern Pennsylvania Transportation Authority (SEPTA) to supply up to 340 electric drive systems for new low-emission transit buses. This includes an initial order of 220 systems for New Flyer of America Inc., with an option for 120 more over three years. The Series-ER technology enables zero-emission operation and significant fuel savings. BAE Systems will conduct production and service support in Endicott, N.Y., leveraging 25 years of experience in electric propulsion systems.

BAE Systems has achieved significant production milestones by delivering its 3,000th vehicle management computer (VMC) and 1,000th active inceptor system (AIS) for the F-35 Lightning II aircraft. These systems enhance flight safety and mission effectiveness while reducing pilot workload. The company has ramped up full-rate production, increasing VMC deliveries from 10 to 25 shipsets per month and AIS from 10 to 19 shipsets per month. BAE Systems continues to support the F-35 program, providing advanced technologies and maintaining a 100% quality rating from Lockheed Martin.

BAE Systems has secured a $14 million contract from the Intelligence Advanced Research Projects Activity (IARPA) to enhance its tools for deciphering radio frequency (RF) signals. This initiative is part of the Securing Compartmented Information with Smart Radio Systems (SCISRS) program, aiming to provide better situational awareness and secure communications. BAE's technology focuses on identifying signals in complex RF environments to prevent communication breaches, ultimately benefiting both commercial and military users.

BAE Systems has submitted a bid, in collaboration with the Swedish Defence Materiel Administration, for the delivery of 152 advanced CV90 Infantry Fighting Vehicles to the Slovak Republic. This offer aims to meet the Ministry of Defence's requirements while fostering local industry partnerships for production and delivery. The proposal includes tactical training and future development support, enhancing defense capabilities as Slovakia seeks to modernize its forces by 2030. The CV90 is recognized for its combat effectiveness and is already in service with multiple countries, showcasing its proven design.