BAE Systems selects Hanwha Defense USA for modernization project [Yahoo! Finance]
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: Yahoo! Finance
subsidiary of Hanwha Aerospace in South Korea , to modernize an existing production building at the Radford Army Ammunition Plant. "BAE Systems is fully committed to modernizing the Radford Army Ammunition Plant and furthering its support of the U.S. Army's requirements," said John Swift , vice president and general manager of BAE Systems Ordnance Systems Inc. "We are excited to collaborate with Hanwha Defense USA , as they will use their proven expertise to help us integrate advanced chemical processing capabilities into a manufacturing environment." Modernization of World War II-era facilities is important for national security. As BAE Systems continues to deliver vital capabilities to the warfighter, the focus on improving the safety of the process remains. BAE Systems' legacy of modernizing while manufacturing, supported by HDUSA's past experience in energetics facilities, will result in a state-of-the-art process to manufacture propellants. "The upgrade is based on technolo
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