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BAE SYSTEMS AWARDED $25.8 MILLION FOR MILITARY EQUIPMENT

17 Feb 2009 | Ref. 029/2009

ARLINGTON, Virginia – The U.S. Department of Defense has awarded BAE Systems two contracts totaling $25.8 million for military equipment.

The first is an $11.9 million production contract for 156 Mine Roller Systems for the U.S. Marine Corps. This is the initial order of a five-year, Indefinite Delivery/Indefinite Quantity (ID/IQ) contract. The second is a $13.9 million contract to acquire parts and long-lead items for eight M88A2 HERCULES recovery vehicles for Iraq’s security forces.

The Mine Roller Systems are mounted to wheeled vehicles in order to detonate mines and improvised explosive devices before the vehicle passes over the explosive device. By detonating the explosive in advance, the Mine Roller System helps protect soldiers and Marines in combat vehicles.

“The system’s simple, rugged and durable design allows service members to successfully complete their missions in hostile environments, and it can be used on numerous military and commercial vehicles,” said Joe McCarthy, vice president of Combat Systems Programs for BAE Systems.

This order, when combined with previous contracts, brings the total amount awarded to the company for Mine Roller Systems to $29.4 million. The contract is managed by the Marine Corps Systems Command, and work on the contract will be performed by the existing workforce at BAE Systems’ facility in York, Pennsylvania, through January 2014.

The M88A2 HERCULES provides unparalleled capability for supporting medium and heavy weight vehicles up to 70 tons with increased towing, lifting, winching power, along with superior steering and braking during recovery operations.

"We continue to provide our global allied forces with M88A2 vehicles to support their land forces,” said McCarthy. “The HERCULES has provided unmatched capabilities during Operation Iraqi Freedom and will play an important role for the Iraq Security Forces.”

The initial funding provided in the contract covers the purchase of long lead items that will be used in final construction. The contract is managed by U.S. Army TACOM Life Cycle Management Command, and work on the contract is being performed by the existing workforce at BAE Systems’ facility in York, Pennsylvania, though December 2010.

About BAE Systems

BAE Systems is the premier 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. With 97,500 employees worldwide, BAE Systems' sales exceeded £15.7 billion (US $31.4 billion) in 2007.

For further information, please contact:

Steve Field, BAE Systems
Tel: +1 703 894 3513 Mobile: +1 703 298 9452
steven.h.field@baesystems.com

Greg Caires, BAE Systems
Tel: +1 703 907 8261 Mobile:+1 703 967 8630
greg.caires@baesystems.com



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