Armor Holdings, Inc. Receives $110.5 Million Order for New HMMWV Armor System
Category: Contracts
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."