BAE SYSTEMS PLC (BA.) - Re Contract RNS Number : 0737R BAE SYSTEMS PLC 14 November 2012 BAE Systems agrees settlement with Government of Trinidad and Tobago 14 November 2012 Following the announcement on 21 September 2010 regarding the disputed Offshore Patrol Vessel contract with the Government of the Republic of Trinidad and Tobago (GORTT), BAE Systems and GORTT have reached agreement on a settlement. The three Offshore Patrol Vessels that werethe subject of the GORTTcontract were subsequently sold to the Brazilian Navy under a contract signed in December 2011 and the first ship was handed over to the Brazilian Navy in June this year. The settlement with GORTT is at an amount consistent with provisions held. Issued by: BAE Systems plc London This information is provided by RNS The company news service from the London Stock Exchange END CNTGLBDBCUBBGDS -0- Nov/14/2012 07:01 GMT
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BAE SYSTEMS PLC BA. Re Contract
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