US Army selects BAE Systems to operate ammunition plant

UK defence, security and aerospace company BAE Systems has been selected by the US Army to manage, operate and maintain the Radford Army Ammunition Plant in southwest Virginia.

The operating contract includes a 10-year base, for which BAE has initially been awarded $850m (£524.7m), plus three five-year options, which, if fully exercised, will extend the award through 2036.