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BAE wins $153 million fighter jet maintenance contract in Australia

Reuters
A sign adorns a hangar at the BAE Systems facility at Salmesbury, near Preston, northern England March 10, 2016. REUTERS/Phil Noble (Reuters)

LONDON (Reuters) - British defence company BAE Systems said it secured a A$200 million (115.73 million pounds) contract to extend maintenance on Australia's Hawk MK127 fighter fleet until 2020. The world's third-largest defence contractor by revenue, BAE said on Wednesday that the servicing deal for the 33 aircraft potentially could be further extended until 2026. The company has supported the Royal Australian Air Force's Hawk jets since 2001. (Reporting by Sarah Young; editing by Jason Neely)