March 12, 2014
BAE Systems says it has been awarded a government contract to take over operations at the Radford Army Ammunition Plant.
The Roanoke Times reports that the move from Alliant Techsystems to BAE is the first significant change in management at the arsenal since it opened in 1941.
No major staffing changes are expected, and officials say the facility could start manufacturing commercial products along with Army products.
BAE is an English company with a U.S. unit based in Arlington. It runs the Holston Army Ammunition Plant in Kingsport, Tennessee, with a contract set to expire in 2023.
BAE officials said Friday that the Radford contract includes a ten-year, $850 million base and three five-year options.
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