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BAE Wins $54M Order for FMTV Trucks

SEALY, Texas --- BAE Systems has received a $54 million contract from the U.S. Army to manufacture approximately 370 Family of Medium Tactical Vehicles (FMTV). The contract is a modification to the current FMTV production contract, now totaling $3.6 billion dollars.

The contract modification calls for the production of FMTVs in various configurations, including Dump Trucks, Cargo Trucks, Wreckers, and Trailers. Approximately 100 of the FMTVs will be configured to meet the U.S. Army’s Long Term Armor Strategy initiative to equip all tactical vehicles with the ability to be armored when necessary.

More than 48,000 FMTV trucks and trailers are in service with the U.S. Army. The commonality of parts among the FMTV includes shared engines, transmissions, power trains, tires and cabs. This commonality significantly reduces the logistics burden and operating and support costs for the U.S. Army. FMTVs have set new tactical vehicle standards for capability, reliability, mobility, protection and transportability.

Production of the FMTV trucks will be performed in Sealy, Texas, and is expected to be complete by November 2008.

BAE Systems employs more than 2,400 people in Sealy, Texas and has 900,000 square feet of manufacturing and office space on approximately 200 acres. The Medium/Heavy Vehicles business unit leverages a long history with wheeled vehicle products. It has established itself as a world-class designer, volume manufacturer and through-life supporter of high-quality, best value, military tactical trucks and wheeled vehicle systems with payload capacities from 2.5 to 18 tons. Today, BAE Systems is the exclusive manufacturer of FMTVs and the producer of the Caiman MRAP (Mine Resistant Ambush Protected Vehicle).

BAE Systems is the premier global defense and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, information technology solutions and customer support services. With 97,500 employees worldwide, BAE Systems' sales exceeded £15.7 billion (US$31.4 billion) in 2007.

BAE Systems Receives $54 Million U.S. Army Follow-on Order for Family of Medium Tactical Vehicles