Armor Holdings, Inc. Receives $32 M Order for Pinzgauer Light Tactical Armored Vehicles
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(Jacksonville, Fla., April 30, 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 an order valued at approximately $32 million from the United Kingdom Ministry of Defence for additional Pinzgauer Protected Patrol Vehicles. The Company stated that the new deliveries will be completed in 2007 with work performed at the Armor Holdings Aerospace and Defense Group's Pinzgauer facilities located in Guildford, Surrey UK, with vehicle armoring support to be provided by the Aerospace and Defense Group at its facilities located in Fairfield, Ohio.
Robert Schiller, President of Armor Holdings, Inc., said, "We are pleased that the UK Ministry of Defence has placed a second order for additional Pinzgauer model armored vehicles in support of British deployed forces. We believe this order also underscores our success at integrating Armor Holdings' armoring capability with an important light tactical vehicle program acquired through the Stewart & Stevenson acquisition."
Source : Armor Holdings Inc.
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