Commercial real estate broker David Choate looks back on 35-year career
NH Business Review interviewed Choate at the International Marketplace, located at the Pease International Tradeport, where Choate helped negotiate many deals over the years.
BAE added funds for aircraft protection system
Defense and aerospace company BAE Systems has received a $95.6 million funding increment from the U.S. Army for BAE’s Common Missile Warning System, which will be used to protect aircraft from heat-seeking missiles.
The transaction is part of a five-year indefinite-delivery/indefinite-quantity contract agreed upon in May, which maintains a $1.4 billion ceiling but gives the U.S. Army ordering flexibility.
“This additional funding will allow BAE Systems to continue its most important mission to protect those who protect us,” said Dr. Conrad Struckman, director of the CMWS program at BAE. “CMWS is now combat-proven and has been credited with saving lives.”
To date, more than 600 CMW systems have been delivered to the U.S. Army by BAE Systems.
According to BAE officials, the production of the CMWS is “more than a year ahead of schedule and is flying on multiple Army and allied helicopters and fixed-wing aircrafts.” — TRACIE STONE
