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October26, 2005 - News from Army-Guide.com >> |
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Armor Holdings, Inc. Receives $110.5 Million Order for New HMMWV Armor System JACKSONVILLE, Fla., -- Armor Holdings, Inc., a leading manufacturer and distributor of security products and vehicle armor systems serving military, law enforcement, homeland security and commercial markets, announced today the receipt of orders valued at $110.5 million from AM General under a blanket purchase agreement supporting the M1151 and M1152 HMMWV program. The Company advised that this new award is for production to supply specific armor sub-system components to AM General for inclusion in the vehicle manufacturing process as well as a specifically designed armor package which may be added to the vehicle when warranted by threat conditions. Work under the new award will be performed during 2006 at the Armor Holdings Aerospace and Defense Group facilities in Ohio and Arizona. Robert Schiller, President of Armor Holdings, Inc., said, "This order increases our backlog for 2006, but more importantly, it reflects the benefits of our early and aggressive investment in the development, design and production process for M1151/52. We are proud to work closely with AM General and to continue our contribution to the men and women in uniform." Source: Armor Holdings, Inc. Armor Holdings, Inc. Announces $110.1 Million Order for MTVR Vehicle Armor Components JACKSONVILLE, Fla., -- Armor Holdings, Inc., a leading manufacturer and distributor of security products and vehicle armor systems serving military, law enforcement, homeland security and commercial markets, announced today that it has received a contract award from Oshkosh Truck Corporation with a value not to exceed $110.1 million to support the U.S. Marine Corps Medium Tactical Vehicle Replacement program (MTVR). Armor Holdings also indicated that it will continue to subcontract to its Israeli based partner, Plasan Sasa, for production of the additional MTVR armor kits to be delivered to the USMC in 2006. Work under the new award will also be performed at the Armor Holdings Aerospace and Defense Group facilities in Ohio. Robert Schiller, President of Armor Holdings, Inc., said, "We are pleased that our past performance has resulted in Oshkosh Truck Corporation's decision to continue our role on the MTVR program into 2006. This order builds additional backlog for 2006 and gives further opportunity to work on significant armor component programs with a premier tactical wheeled vehicle OEM. Most importantly, we are extremely proud to be able to continue our contribution to the needs of the U.S. Marine Corps." Source: Armor Holdings, Inc. |
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