BAE Systems receives $245.6M Army contract
Will begin procuring materials for armored vehicle production
Falls Church-based BAE Systems will procure early-order material to support the future purchase of the Army’s Armored Multi-Purpose Vehicles (AMPV) under a $245.6 million cost-sharing contract announced by the Pentagon Friday.
Work will be performed by BAE Systems’ land and armaments sector in York, Pennsylvania, with an estimated completion date of Dec. 31, 2024. There was only one bid received for the work.
The AMPV is the Army’s program to replace the service’s Vietnam War-era M113 armored personnel carriers. The vehicles weigh between 75,000 to 80,000 pounds and reach speeds of up to 38 mph. The Army and BAE are working to accelerate production of the vehicles because about 200 M113s have been supplied to Ukraine, according to a January 2023 report by the Congressional Research Service.
BAE Systems Inc. is a subsidiary of England-based BAE Systems plc.