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    BA.   GB0002634946

BAE SYSTEMS PLC

(BA.)
  Report
Delayed London Stock Exchange  -  11:35 2022-12-01 am EST
815.00 GBX   -0.92%
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BAE Systems to develop filter technology for DARPA's COFFEE (COmpact Front-end Filters at the ElEment-level) program.

09/23/2022 | 10:52am EST

DARPA has awarded BAE Systems' FAST LabsTM research and development organization a $6.5 million contract for the COmpact Front-end Filters at the ElEment-level (COFFEE) program.

The Defense Advanced Research Projects Agency (DARPA) has awarded BAE Systems' FAST Labs research and development organization a $6.5 million contract for the COmpact Front-end Filters at the ElEment-level (COFFEE) program. COFFEE aims to provide filter technology to improve performance of critical DoD Radio Frequency (RF) and microwave systems with stringent power and size constraints such as digital Active Electronically Scanned Arrays.

Highly integrated and high channel-count RF systems are pervasive for DoD applications. The COFFEE program aims to provide elemental-level protection for these systems against interferers that could adversely impact the operation in congested environments.

'Wideband, highly integrated RF systems are essential to enable mission critical operations; however, high-bandwidth receivers often have limited dynamic range that can leave them vulnerable to electronic jamming,' said Chris Rappa, chief technologist at BAE Systems' FAST Labs. 'COFFEE will provide filtering technology to protect systems and make them more robust and resistant to interference.'

BAE Systems will develop filter technology that can address a broad microwave frequency range that DoD radio systems generally operate in, with element-level integration and without sacrificing performance. The company will ensure the filters are manufacturable with reproducible performance.

BAE Systems' work on the COFFEE program is a part of DARPA's Electronics Resurgence Initiative, a five-year, upwards of $1.5 billion investment in the advancement of the U.S. semiconductor industry. The work is part of company's advanced electronics portfolio, which includes collaboration with Purdue University.

(C) 2022 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2022 22 975 M 27 416 M 27 416 M
Net income 2022 1 523 M 1 818 M 1 818 M
Net Debt 2022 2 862 M 3 415 M 3 415 M
P/E ratio 2022 16,9x
Yield 2022 3,23%
Capitalization 25 365 M 30 268 M 30 268 M
EV / Sales 2022 1,23x
EV / Sales 2023 1,15x
Nbr of Employees 91 400
Free-Float 92,9%
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Number of Analysts 17
Last Close Price 822,60 GBX
Average target price 922,30 GBX
Spread / Average Target 12,1%
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Charles Nicolas Woodburn Group Chief Executive Officer & Director
Brad Greve Group Finance Director & Director
Roger M. Carr Chairman
Julian Frederick Charles Cracknell Chief Technology & Information Officer
Marc Gomes Casseres Vice President-Operations
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