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BAE SYSTEMS AWARDED SHARE OF M-ATV ARMOR CONTRACT

11 Nov 2009 | Ref. 215/2009

CINCINNATI, Ohio - BAE Systems has been awarded a multi-million dollar contract by Plasan North America to provide armoring solutions and components for MRAP All Terrain Vehicles (M-ATV) bound for deployment in Afghanistan.

The contract with Plasan underscores BAE Systems on-going and long-standing commitment to American troops and the MRAP program.

“Our history of support for the MRAP program ranges from designing and developing three MRAP variants, to supplying critical components on every MRAP platform, including—with the Plasan contract—the M-ATV,” said Tony Russell, president of BAE Systems’ Security & Survivability business.

As a subcontractor, BAE Systems will be working directly with Plasan which is providing M-ATV armoring kits to the Oshkosh Corporation to fulfill its contract with the U.S. Army TACOM LCMC.

“The partnership between BAE Systems and Plasan represents the first of what we believe will be many collaborative efforts between our two companies. Together, we are focused on ensuring the vehicles we collectively armor do their job and keep our service men and women well protected on the battlefield,” added Russell.

Plasan, with headquarters in Israel, is a global leader in survivability and combat-proven armor solutions. “We are proud to take part and support Oshkosh and the U.S. Military’s efforts to protect American troops, and we are proud to have BAE Systems on this vital program,” said Dani Ziv, CEO, Plasan. “Plasan developed a strong and dedicated supply chain that supports this exceptional program, and we are happy to share our business success with our partners in order to benefit the war fighters,” added Ziv.

Work on the contract will begin this month at BAE Systems’ production facilities in Fairfield, Ohio.

BAE Systems’ Security & Survivability business is a leader in protection, security and survivability systems for land, air and naval applications. It is a technology leader in lightweight materials, including composites, ceramic and transparent armor technologies; integrated vehicle armor systems; vehicle and aircraft survivability components and accessories; and soldier protection equipment, sold primarily to the government and other defense contractors.

About BAE Systems

BAE Systems is the premier global defense, security and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. With approximately 105,000 employees worldwide, BAE Systems' sales exceeded £18.5 billion (US $34.4 billion) in 2008.

For further information, please contact:

Jennifer Robinson, BAE Systems
Tel: +1 513 341 4073 Mobile: +1 513 833 5389
jennifer.s.robinson@baesystems.com

Shannon Smith, BAE Systems
Tel: +1 703 907 8257 Mobile: +1 703 967 3854
shannon.n.smith@baesystems.com