BAE Systems receives funding

BAE Systems has received $95.6m in additional funding from the US Army for its Common Missile Warning System, a device that protects army aircraft from heat-seeking missiles.

BAE Systems has received an additional funding increment of $95.6m from the US Army for its Common Missile Warning System (CMWS) to protect army fixed- and rotary-wing aircraft from heat-seeking missiles.

BAE Systems received a five-year indefinite-delivery/indefinite-quantity contract in May 2006. The contract, which gives the army flexibility to order at various times any number of systems, has a ceiling of $1.4bn. To date, BAE Systems has delivered more than 600 CMWS systems to equip army aircraft.

BAE Systems claims production of CMWS is more than a year ahead of schedule and is flying on multiple army and allied helicopters and fixed-wing aircraft. CMWS is credited with saving multiple aircraft and crews from man-portable air defence missiles.