JACKSONVILLE, Fla. --- Armor Holdings, Inc. a leading manufacturer and distributor of military vehicles, vehicle armor systems and life safety and survivability systems, announced today the receipt of a contract from Force Protection Industries, Inc. to produce Cougar armored vehicles for delivery to the U.S. Marine Corps.
The contract value is $40.7 million and includes production of vehicles and technical support. The Company advised that the award is made under an existing agreement with Force Protection that engages Armor Holdings to manufacture and assemble Cougar vehicles in support of the U.S. Marine Corps' Mine Resistant Ambush Protected (MRAP) vehicle program.
Armor Holdings and Force Protection are continuing discussions for follow-on Cougar production should Force Protection receive additional U.S. Marine Corps MRAP orders. Work will be performed in 2007 by the Armor Holdings Aerospace & Defense Group at its facilities located in Sealy, Texas.
Robert Schiller, President of Armor Holdings, stated, "We are pleased to have this opportunity to work with Force Protection on such an important program for the U.S. Marine Corps. It is gratifying that our capabilities will contribute to early delivery in higher volumes of this proven vehicle, which is saving lives in the field today. We look forward to additional opportunities to work with Force Protection in support of the MRAP program."
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. Awarded $40.7 Million Cougar Production Contract by Force Protection Industries, Inc.
