BAE Systems awarded $146 million to kick-start second source production of M776 cannons for the U.S. Army [TheStreet.com]
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: TheStreet.com
April 8, 2026 /PRNewswire/ -- BAE Systems (LON: BA) has been awarded a $146 million undefinitized contract to begin manufacturing M776 cannons for the U.S. Army's M777 Towed 155mm Howitzer . This contract supports the Army's robust artillery capability needs and for the first time ensures a second source producer of M776 cannons—the main armament for the M777 system used in critical operations across the globe today. Establishing U.S.-based second source production of the M776 cannon allows the Army to acquire necessary firepower at a much faster pace, further contributing to Soldier readiness and the resilience of America's defense industrial base. "Our team is laser-focused on delivering top-tier capability to equip the brave men and women who defend our nation," said Jason Casciotti, vice president of BAE Systems' Weapon Systems product line. "By partnering with the Army to expand manufacturing capacity of M776 cannons in the U.S., we're not just supporting their operational ne
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