The company also reported a new contract -- a $24.3 million firm-fixed price award from the Naval Sea Systems Command to continue building key components of the fixed propulsor system on Virginia class submarines.
The contract includes funding for the development of fixed propulsor systems, tailcones and other equipment.
"This delivery and contract award continues BAE Systems' legacy as a premier supplier of propulsors to the Navy's undersea fleet and marks a significant achievement for our Louisville community and Navy customer," said Mark Signorelli, vice president and general manager of Weapons Systems for BAE Systems.
BAE Systems said that previous work for the U.S. Navy on its propulsor program includes initial production of 14 propulsor systems for Virginia-class submarines, as well as propulsors for the Seawolf class submarines.
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