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BAE SYSTEMS RECEIVES $62 MILLION ORDER FOR MEDIUM RECOVERY VEHICLE OVERHAUL WORK

01-30-2007

ANNISTON, Alabama – BAE Systems has received a $62 million order from the Anniston Army Depot (ANAD) to reset 166 M88A1 medium recovery vehicles.

BAE Systems will induct and disassemble the vehicles, repair and paint the hulls, overhaul or acquire the majority of the components, and deliver the material and assembled components for the ANAD production line. The assembly and testing of the vehicles is also expected to take place at ANAD.

The order was issued under the Combat Vehicle Support and Sustainment Requirements contract, which was awarded to the company in April 2005 and called for ANAD to partner any M88A1 vehicle reset work excess to its internal workload capabilities. The order meets one of the objectives of the public private partnership between ANAD and BAE Systems, which is to allow the original equipment manufacturer and the Army’s organic base to jointly provide a quality product for the warfighter.

The M88A1 is a fully tracked armored vehicle with a mission to perform battlefield rescue and recovery missions on all types of terrain and during all weather conditions.

About BAE Systems
BAE Systems is a 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. BAE Systems, with 88,000 employees worldwide, had 2005 sales that exceeded $22 billion, excluding the group's former interest in Airbus.

For further information, please contact:
Doug Coffey, BAE Systems
Tel: +1 703-312-6121
doug.coffey@baesystems.com


Cindy Garrison, BAE Systems
Tel: +1 256-235-9848
cindy.garrison@baesystems.com

Shannon Smith, BAE Systems
Tel: +1 703-907-8257
shannon.n.smith@baesystems.com



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