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Armor Holdings, Inc. Awarded $19.7 Million for Up-Armored HMMWV Program

Category: Contracts

HMMWV

JACKSONVILLE, Fla., -- Armor Holdings, Inc., a leading manufacturer and distributor of security products and vehicle armor systems serving law-enforcement, military, homeland security and commercial markets, announced today that it has received contract modifications for new production totaling $19.7 million from the U.S. Army Tank-automotive and Armaments Command and the Defense Logistics Agency to provide additional Up-Armored HMMWVs, Gunner Protection Kits, and armor component spare parts.

The Company stated that the new orders are for additional Up-Armored HMMWVs for delivery to the U.S. Army, Air Force, and the Iraqi military. Armor Holdings also indicated that the deliveries will be completed in 2005 and that the work will be performed by Armor Holdings' Aerospace & Defense Group at its Fairfield, Ohio, facilities.

Robert Schiller, President and Chief Operating Officer of Armor Holdings, Inc., said, "We are delighted to receive this new work under our existing U.S. Army contract to continue to provide survivability equipment for our Army and Air Force, and now also for the Iraqi Armed Forces. We are encouraged by the opportunity afforded by this new customer and look forward to the possibility of receiving additional orders to provide Up-Armored HMMWVs to the new Iraqi military."

Armor Holdings, Inc.
03.05.2005

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