14.05.2024 17:36:24 - dpa-AFX: BAE Systems Gets $12 Mln Contract To Boost Effectiveness Of Radio Frequency-Based Applications
ARLINGTON (dpa-AFX) - BAE Systems plc (BA.L), Tuesday announced that it has
received a $12 million contract from the Defense Advanced Research Projects
Agency for the development of the Technologies for Heat Removal in Electronics
at the Device Scale or THREADS program.
Under the program, the aerospace company will diffuse the heat that degrades the
working of monolithic microwave integrated circuits, and improve efficiency of
radio frequency electronics.
BAE will collaborate with Modern Microsystems, Penn State University, Stanford
University, University of Notre Dame, and University of Texas at Dallas for the
program, the company added.
Currently, BAE Systems's stock is trading at 1,351 pounds, up 0.15 percent on
the London Stock Exchange.
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