Armor Holdings Receives $60 Million Armor Component Order for Up-Armored HMMWV
06 August 2007
Jacksonville, Florida – Armor Holdings (NYSE: AH), a leading manufacturer and distributor of security products and vehicle armor systems serving military, law enforcement, homeland security and commercial markets, has announced the receipt of new orders from AM General, valued at $60.4 million, under a blanket purchase agreement to provide armor components for the M1151, M1152 and M1165 up-armored HMMWV programs. The company stated that the work will be performed in 2007 by the Armor Holdings Aerospace and Defense Group, at its facilities in Fairfield, Ohio.
Robert Schiller, president of Armor Holdings, said: "We are pleased to continue to provide substantial support to AM General on these US Army programs. Armor Holdings has successfully transformed our business in Ohio to support high-volume armor component production and remains committed to AM General's on-going effort to rapidly deliver the up-armored HMMWV in order to meet the demands of increased deployments."
