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Tuesday, November 06, 2007

BAE Systems Awarded Vertical Launching System Contract For DDG 1000 Destroyers Potentially Worth $64 Million

BAE Systems was awarded an $8 million contract – which has the potential to increase up to $64 million – from Raytheon Company for the first two shipsets of MK57 Vertical Launching System (VLS) for the U.S. Navy's DDG 1000 Zumwalt class of destroyers.

The contract covers the continuation of design, integration, requirements verification, and the initial purchase of materials for the first two shipsets. Work on this contract award begins immediately and continues until January 2012.

"This contract award is a significant milestone marking the transition from design into production," said Jay Dolan, MK57 VLS program manager at BAE Systems.

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