United Defense Receives Contract Modification worth $12.8 Million for Marine Corps Assault Amphibious Vehicles
21 Juin 2005 - 1:48PM
Business Wire
United Defense Industries, Inc. (NYSE:UDI) United Defense
Industries, Inc. (NYSE:UDI) has received a $12.8 million contract
modification from the U.S. Marine Corps Systems Command to upgrade
56 Assault Amphibious Vehicles (AAV7) to the RAM/RS configuration
to support Marine Corps units. This program is a joint effort with
the Marine Corps Logistics Command in Albany, Ga., under the
direction of the Program Manager, Amphibious Assault Vehicle
Systems, Marine Corps Systems Command, in Quantico, Va. Under this
modification, United Defense will remanufacture government
furnished AAVP7 hulls to the RAM/RS (Reliability, Availability and
Maintainability/Rebuild to Standard) configuration. Under the
contract, machining and procurement of parts for the government
furnished hulls will be done at United Defense's facility located
at the Marine Corps Logistics Base in Albany, Ga. Vehicles are
being assembled by depot personnel. Work will be completed during
2006. The AAVP7 RAM/RS system provides superior mobility for
transporting troops and cargo from ship to shore. The RAM/RS
version was originally designed for the U.S. Marine Corps to
include a more powerful turbocharged diesel engine and power train
and a Bradley Combat System suspension, providing superior
durability and maintainability. About United Defense United Defense
designs, develops and produces combat vehicles, artillery, naval
guns, missile launchers and precision munitions used by the U.S.
Department of Defense and allies worldwide, and provides
non-nuclear ship repair, modernization and conversion to the U.S.
Navy and other U.S. Government agencies. To learn more about United
Defense, visit http://www.uniteddefense.com. Forward-Looking
Statements Information in this release may involve guidance,
expectations, beliefs, plans, intentions or strategies regarding
the future. These forward looking statements involve risks and
uncertainties. All forward looking statements included in this
release are based upon information available to United Defense
Industries, Inc., as of the date of the release, and we assume no
obligation to update any such forward looking statements. The
statements in this release are not guarantees of future performance
and actual results could differ materially from our current
expectations. Numerous factors could cause or contribute to such
differences. Please refer to the Company's Annual Report on Form
10-K for the year ended December 31, 2004, and in our other reports
filed from time to time with the Securities and Exchange Commission
for a further discussion of the factors and risks associated with
our business.
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