AM General Secures 6-Year, $428.3 M To Provide The Army With M997A3 HMMWV Configured Ambulances
SOUTH BEND, Ind., Sept. 8, 2015 /PRNewswire/ -- AM General has been awarded a $428,295,155 firm-fixed-price, multi-year, indefinite-delivery/indefinite-quantity (IDIQ) contract for new M997A3 HMMWV Ambulance Chassis Vehicles for domestic disaster relief efforts by the Army, Army Reserve and Army National Guard. Under the initial contract award of $89.5 million, AM General will provide the National Guard 654 M997A3 HMMWV Ambulance Chassis Vehicles.
"We are pleased to continue to support the active and future use of the more than 160,000 HMMWV's currently in service as part of U.S. Army, Marine Corps, Reserves and National Guard fleets," said Chris Vanslager, AM General Vice President, Programs and Business Development. "This contract is yet another example of the ongoing critical operational need for the HMMWV and how AM General remains the unmatched leader in modernizing and maintaining the HMMWV fleet in the United States and around the world. No company has more light tactical vehicle experience than AM General, and we look forward to working with our valued customers to leverage our five decades of expertise in the design, engineering and manufacturing of this iconic vehicle which will be in the service of U.S. military fleets through 2050."
The Global Military Armored Vehicles and MRO Market 2016-2026
Today's contract announcement follows several substantial Foreign Military orders the Company has received this year for thousands of HMMWVs that have added to its backlog, as it continues to successfully track new Light Tactical Vehicle business both domestically and internationally. Most recently, in July AM General was awarded a $373 million firm-fixed-price multi-year foreign military sales contract for sales in Afghanistan, Iraq, Kenya, Lebanon, Ukraine, Tunisia with options for nearly 2,100 HMMWVs and contractor unique spare parts.
Additionally, the Company continues to perform work under a Private Public Partnership with the National Guard and Red River Army Depot in the refurbishment and upgrade of older HMMWV models that will continue to be in the U.S. Military fleet for 20-plus years.
Source : AM General LLC - view original press release
Jan 23 - 26, 2017 - London, United Kingdom