BAE Receives U.S. $71 M for FMTV Armor and Armored Cabs

(Sealy, Texas, July 24, 2008) -- BAE Systems has been awarded two U.S. Army contracts totaling $71 million for armored cabs and armor protection for Family of Medium Tactical Vehicles (FMTV). More than 48,000 FMTV trucks and trailers are in service today with the U.S. Army.

The first award, worth $37 million, is a follow-on contract for FMTV Low Signature Armored Cabs (LSAC). The original contract was awarded in March 2007. With this award, LSAC's total value increases to $134.2 million.

The second award, for 761 Long Term Armor Strategy (LTAS) cargo vehicle B-Kits, is worth up to $45 million. Originally initiated in April 2003, LTAS is now worth $3.6 billion.

"These contracts signify the importance of the FMTV," said Chris Chambers, vice president of Medium/Heavy Vehicles for BAE Systems. "The Low Signature Armored Cabs have been very successful in protecting our troops in combat without detriment to the vehicle's performance."

Source : BAE Systems

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