Armor Holdings, Inc. Receives $42 Million Order for FMTV Based High Mobility Artillery Rocket System Vehicles
(Jacksonville, Fla., April 20, 2007) -- Armor Holdings, Inc. (NYSE: AH), 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 $41.7 million order from the U.S. Army Tank-automotive and Armaments Command (TACOM) for production of High Mobility Artillery Rocket System (HIMARS) re-supply vehicles and launcher chassis. The Company advised that the new work is under a modification to the existing multi-year Family of Medium Tactical Vehicles (FMTV) production contract with performance in 2008 by the Aerospace & Defense Group at its facilities located in Sealy, Texas.
Robert R. Schiller, President of Armor Holdings, Inc., said, "This award illustrates the adaptability of the FMTV platform and the continued teamwork between Armor Holdings, the U.S. Army, and the HIMARS prime contractor, Lockheed Martin Missiles and Fire Control."
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