AxleTech, BAE Systems enter long-term supply agreement for axles

Date : 06/27/2008 @ 1:37AM
Source : TFN
Stock : Bae Systems (BA.)
Quote : 477.0  -0.5 (-0.10%) @ 11:29AM
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AxleTech, BAE Systems enter long-term supply agreement for axles

        LONDON (Thomson Financial) - AxleTech International, a maker of high-speed
planetary axles, said it entered into a long-term supply agreement for axles for
BAE Systems Plc.'s mine protected vehicles RG33 4x4 and 6x6.
    The agreement, which extends through 2012, is expected to generate over $160
million in revenue for AxleTech.
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