BAE Systems has been awarded a $33.6 million contract to develop a next generation High Velocity Projectile (HVP) for the Office of Naval Research (ONR), the company said yesterday. BAE will develop the High Velocity Projectile for ONR. The HVP program will create a guided munition compatible with the Navy’s Electromagnetic Railgun and other 5-inch and 155-mm gun systems. ONR conceived HVP as a way to reduce lifecycle costs and provide a projectile configurable to current and future gun systems,…
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