U.S. Army awards BAE Systems $754 million contract for second phase of full-rate production for Armored Multi-Purpose Vehicle program
YORK, Penn., March 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) received a $754 million contract award to continue producing the Armored Multi-Purpose Vehicle (AMPV) family of vehicles (FoVs) for the U.S. Army.
- YORK, Penn., March 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) received a $754 million contract award to continue producing the Armored Multi-Purpose Vehicle (AMPV) family of vehicles (FoVs) for the U.S. Army.
- This contract begins the second phase of full-rate production of AMPVs between March 2026 and February 2027.
- The Army first awarded BAE Systems the AMPV engineering and manufacturing development contract in 2014 and signed a low-rate initial production contract in 2018.
- BAE Systems announced new investments by the company and the U.S. Army to expand the AMPV production line in York, Pennsylvania last year.