BAE SYSTEMS Awarded $7.8 Million Contract Modification to Manufacture Additional Iraqi Light Armored VehiclesBAE Systems has bee
23 Octubre 2006 - 8:35AM
Business Wire
BAE Systems has received a $7.8 million Foreign Military Sales
contract modification to manufacture 20 additional Iraqi Light
Armored Vehicles from the U.S. Army Tank-automotive and Armaments
Command. BAE Systems, as prime contractor, along with
subcontractors Force Protection, Inc., based in Ladson, S.C., and
Spartan Chassis, Inc., headquartered in Charlotte, Mich., will
manufacture, test and provide logistics support for the Iraqi Light
Armored Vehicles (ILAVs). "We are pleased to provide additional
Iraqi Light Armored Vehicles to the U.S. Army destined for Iraqi
military forces," said Joe Papapietro, ILAV program director for
BAE Systems. "This is a survivable, mobile, capable light armored
vehicle that will help protect allied troops in Iraq." The 4x4 ILAV
leverages proven designs and includes a V-shaped hull designed to
deflect the force of explosions away from passengers. The contract
modification follows an initial order for 378 vehicles issued in
May. The total value of the indefinite-delivery/indefinite-quantity
contract could reach $445.4 million and 1,050 vehicles, if all
options are exercised. Work on the contract is ongoing with
deliveries scheduled to continue through May 2007. The first ILAV's
were delivered to Iraq 90 days after contract award. Force
Protection, Inc. manufactures ballistic- and mine-protected
vehicles through its wholly owned subsidiary. These specialty
vehicles are protected against landmines, hostile fire, and
Improvised Explosive Devices (IEDs, commonly referred to as
roadside bombs). Force Protection's mine and ballistic protection
technology is among the most advanced in the world. The vehicles
are manufactured outside Charleston, S.C. For more information on
Force Protection and its vehicles, go to www.forceprotection.net.
Spartan Chassis, Inc. (www.spartanchassis.com), a subsidiary of
Spartan Motors, Inc. (Nasdaq:SPAR), is a leading developer and
manufacturer of specialty chassis for recreational vehicles, fire
trucks and military defense vehicles. Spartan Motors
(www.spartanmotors.com), which also manufactures emergency rescue
vehicles under the brand names of Crimson Fire, Crimson Fire
Aerials and Road Rescue, reported sales of $343.0 million in 2005
and is focused on becoming the premier manufacturer of specialty
vehicles and chassis in North America. About BAE Systems BAE
Systems is the premier trans-Atlantic defense and aerospace company
delivering a full range of products and services for air, land and
naval forces, as well as advanced electronics, information
technology solutions and customer support services. With more than
86,000 employees worldwide, BAE Systems sales exceeded $28 billion
in 2005. BAE Systems has received a $7.8 million Foreign Military
Sales contract modification to manufacture 20 additional Iraqi
Light Armored Vehicles from the U.S. Army Tank-automotive and
Armaments Command. BAE Systems, as prime contractor, along with
subcontractors Force Protection, Inc., based in Ladson, S.C., and
Spartan Chassis, Inc., headquartered in Charlotte, Mich., will
manufacture, test and provide logistics support for the Iraqi Light
Armored Vehicles (ILAVs). "We are pleased to provide additional
Iraqi Light Armored Vehicles to the U.S. Army destined for Iraqi
military forces," said Joe Papapietro, ILAV program director for
BAE Systems. "This is a survivable, mobile, capable light armored
vehicle that will help protect allied troops in Iraq." The 4x4 ILAV
leverages proven designs and includes a V-shaped hull designed to
deflect the force of explosions away from passengers. The contract
modification follows an initial order for 378 vehicles issued in
May. The total value of the indefinite-delivery/indefinite-quantity
contract could reach $445.4 million and 1,050 vehicles, if all
options are exercised. Work on the contract is ongoing with
deliveries scheduled to continue through May 2007. The first ILAV's
were delivered to Iraq 90 days after contract award. Force
Protection, Inc. manufactures ballistic- and mine-protected
vehicles through its wholly owned subsidiary. These specialty
vehicles are protected against landmines, hostile fire, and
Improvised Explosive Devices (IEDs, commonly referred to as
roadside bombs). Force Protection's mine and ballistic protection
technology is among the most advanced in the world. The vehicles
are manufactured outside Charleston, S.C. For more information on
Force Protection and its vehicles, go to www.forceprotection.net.
Spartan Chassis, Inc. (www.spartanchassis.com), a subsidiary of
Spartan Motors, Inc. (Nasdaq:SPAR), is a leading developer and
manufacturer of specialty chassis for recreational vehicles, fire
trucks and military defense vehicles. Spartan Motors
(www.spartanmotors.com), which also manufactures emergency rescue
vehicles under the brand names of Crimson Fire, Crimson Fire
Aerials and Road Rescue, reported sales of $343.0 million in 2005
and is focused on becoming the premier manufacturer of specialty
vehicles and chassis in North America. About BAE Systems BAE
Systems is the premier trans-Atlantic defense and aerospace company
delivering a full range of products and services for air, land and
naval forces, as well as advanced electronics, information
technology solutions and customer support services. With more than
86,000 employees worldwide, BAE Systems sales exceeded $28 billion
in 2005.
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