Armor Holdings Nabs Major MRAP Order; BAE Systems In Line For Significant MRAP Role

By Jason Sherman / July 13, 2007 at 5:00 AM
The Marine Corps today awarded a $518 million contract to Armor Holdings to build 1,170 Mine Resistant Ambush protected vehicles, a move that adds a fourth major manufacturer to the Pentagon's campaign to rush the blast-proof vehicles to Iraq. The deal pushes the total number of MRAP vehicles ordered so far to 4,935. It gives Armor Holdings the third-largest MRAP production contract and positions BAE Systems, which is aiming to acquire Armor Holdings, as a major player in the Pentagon's...

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