Adds $48.2 Million in Additional Options for 2006 - 2007 Delivery.
JACKSONVILLE, Fla., -- Armor Holdings, Inc. (NYSE: AH), a leading manufacturer of security products and vehicle armor systems serving military, law-enforcement, homeland security and commercial markets, announced today the receipt of a contract modification from the Defense Supply Center-Philadelphia for approximately $17.2 million to produce additional quantities of Outer Tactical Vests used in the Individual Body Armor ensemble.

Armor Holdings indicated that the vests, which also carry protective ceramic body armor plates, will be supplied in early 2006 to various U.S. military customers. The Company also stated that the current contract was modified to add additional exercisable options valued at approximately $48.2 million which are anticipated for performance in 2006 and 2007. Work under this contract will continue to be managed at Armor Holdings Aerospace and Defense Group operations in Tennessee, with the additional work performed in its recently acquired Alabama facilities gained through the acquisition of Second Chance.

Robert Schiller, President of Armor Holdings, Inc., said, "This award adds to our growing 2006 backlog for deliveries of individual equipment to support the U.S. military and fuels our increasing individual equipage production base. It is gratifying to acquire a company like Second Chance and immediately make use of its existing infrastructure, capitalize on its experienced employment base, and be able to provide our customer the opportunity to satisfy the growing demand for personal equipment for our military. We are confident that our operations in Tennessee, Kentucky, and Alabama provide Armor Holdings with additional opportunity for sustained high volume deliveries of survivability and safety equipment to our men and women in uniform."

Armor Holdings, Inc.
25.09.2005