Armor Holdings, Inc., a leading manufacturer and distributor of military vehicles, vehicle armor systems and life safety and survivability systems serving military, law enforcement, homeland security and commercial markets, announced today the receipt of a $649 million order for production of additional Family of Medium Tactical Vehicle (FMTV) trucks from the U.S. Army Tank-automotive and Armaments Command (TACOM).
The Company advised that the award is made under the existing multi-year FMTV production contract, with work to be performed in 2007 and 2008 by the Aerospace & Defense Group at its facilities located in Sealy, Texas.
This award represents continued increases in production rates for significant quantities of FMTV trucks, which are vital to Armed Forces' capability. The company are extremely proud that the U.S. Army continues to demonstrate confidence in Armor Holdings' ability to respond to the increasing demands of today's defense environment and look forward to anticipated additional FMTV awards as Armor Holdings increase their production capacity to meet even greater demand.
Sergyi Way
05.12.2006