Friday 26 December 2014

Systems wins deal for new armored vehicles

MILTECH
Systems wins deal for new armored vehicles
Arlington, Va. (UPI) Dec 24, 2014 - The U.S. Army has selected BAE Systems for its program to produce a replacement vehicle for Vietnam War-era M113 armored personnel carriers. Under an award worth as much as $1.2 billion, BAE Systems is to engineer, manufacture and develop 29 low-rate production Armored Multi-Purpose Vehicles. The contract features a 52-month base term worth $383 million and an option to begin the ... more


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