BAE Systems' facilities are ready to scale to support submarine manufacturing [Yahoo! Finance]
BAE SYSTEMS PLC S/ADR (BAESY)
NASDAQ:AMEX Investor Relations:
investors.baesystems.com
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Source: Yahoo! Finance
FALLS CHURCH, Va. April 8, 2025 /PRNewswire/ -- BAE Systems (LON: BA) has invested more than $260 million in its facilities over the past six years to increase support to the maritime industrial base. Through these investments, the company is ensuring it has the strong manufacturing capability and capacity to build submarine structures, and support surface ship maintenance for the U.S. Navy and its maritime partners. BAE Systems has upgraded its welding, machining, and heavy-lift capacity across its Louisville, Kentucky manufacturing site and Jacksonville, Florida shipyard to further support building submarines. Between these two facilities, the company has over 200,000 square feet of dedicated space to take on new submarine construction, as well as personnel ready to contribute to submarine construction. "BAE Systems is ready to expand submarine production and build the submarine structures that are vital to safeguarding our nation," said Charles Lewis , director of Submarine Pr
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