BAE have won a ten year contract worth $8.8bn to continue running the Holsten Army Ammunition Plant in Kingston Tennessee, a US Government-owned, commercially-operated site for developing munitions that BAE has managed since 1999. 

The 75-year-old facility that has sustained a 24/7 production demand since the Korean War is ripe for a modernisation initiative focused on existing infrastructure and expanding the production capabilities for the development of new products, such as IMX-101, a replacement for TNT in artillery that Holsten developed in 2010 as a safer alternative. 

The success of IMX-10 lead to an International Munitions Safety Awards for Technical Achievement, and necessitated the expansion of IMX production capability at Holsten. 

“Our team is proud to continue our work as the operating contractor of the Holston Army Ammunition Plant,” said John Swift, vice president and general manager of BAE Ordnance Systems Inc. “BAE Systems is committed to delivering safe, reliable products for our customers at a time when it matters most, while modernising the Holston Army Ammunition Plant to meet increased demand.” 

BAE Systems Plc sales growth weakened from 2019 to 2021 before accelerating dramatically in 2022.

Demand for domestically produced ordnance has increased over the last two years as the war in Ukraine exposed shortfalls in certain munition stockpiles, particularly 155mm shells, and critical supply chain disruption has limited industry’s capacity to ramp up production.

Our signals coverage is powered by GlobalData’s Thematic Engine, which tags millions of data items across six alternative datasets — patents, jobs, deals, company filings, social media mentions and news — to themes, sectors and companies. These signals enhance our predictive capabilities, helping us to identify the most disruptive threats across each of the sectors we cover and the companies best placed to succeed.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.