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Armor Holdings Wins Air Warrior Contract (Mar. 9)

JACKSONVILLE, Fla. --- Armor Holdings, Inc. announced that it has received an accelerated contract for the U.S. Army’s Air Warrior Clothing and Individual Equipment (CIE) program as well as an expected contract for additional equipment for armoring kits for the HMMWV. The total award under the two contracts is approximately $15 million. The company noted that approximately $10 million of this expected revenue was contemplated by prior guidance for 2004 revenues.

The Air Warrior order represents the second production delivery order associated with a five year Indefinite Delivery and Indefinite Quantity (IDIQ) contract that was received in 2003 by Armor Holdings’ Simula subsidiary. The order includes an accelerated delivery schedule to replace equipment used by U.S. Army aviators during an upcoming force rotation.

The Air Warrior program is one of the largest development and production programs for U.S. Army aircrew personnel equipment. It is designed to improve both their performance and survivability. The program includes all the equipment worn by an Army aviator, including communication and data equipment as well as protection and survivability equipment. The development of this program began in 1993 and the Army began awarding production contracts in 2003. The program is expected to provide U.S. Army aircrews with equipment through 2018. Simula’s award of the CIE program represents a portion of the Air Warrior system that includes body armor and load bearing equipment that will carry survival and first aid items. For over-water missions, the CIE program includes flotation devices and a raft carrier.

Under the contract for HMMWV kit components, Armor Holdings’ O’Gara-Hess & Eisenhardt subsidiary will supply the U.S. Army with additional gunner shields, armored overlay doors and bullet-resistant windscreen field kits. Work under the contract is expected to be completed in 2004.

Robert Mecredy, Aerospace and Defense Group President for Armor Holdings, Inc., commented, “Our business is proud to support the U.S. Army’s Air Warrior program and its commitment to force protection through the armoring of light tactical vehicles. We are dedicated to developing and delivering a wide range of personnel safety systems and these programs are an important part of our business.”

Armor Holdings, Inc. is a diversified manufacturer of branded products for the military, law enforcement, and personnel safety markets.

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Armor Holdings, Inc. Receives a New U.S. Army Air Warrior Order