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BAE Systems bags $319M defense contract

BAE Shipyards Face Threat Of Job Losses

Matt Cardy/Getty Images News

BAE Systems Information and Electronic Systems Integration (OTCPK:BAESY) (OTCPK:BAESF) was awarded a non-competitive single award, ID/IQ, firm-fixed-price contract for Army MPE-M Cards (DAPS and MAPS) and incidental software updates.

The contract ceiling is ~$319M and the minimum guarantee is for 50

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