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Army Awards BAE Systems Full-Rate Production Deal For AMPV Worth Up To $1.6 Billion

Army Awards BAE Systems Full-Rate Production Deal For AMPV Worth Up To $1.6 Billion
The 1st Armored Brigade Combat Team, 3rd Infantry Division, received the Armored Multi-Purpose Vehicle (AMPV), signifying the completion of the Army's First Unit Equipped for the platform. (Dan Heaton, Public Affairs, Next Generation Combat Vehicles Cross Functional Team.)

The Army has officially awarded BAE Systems a full-rate production (FRP) contract for the new Armored Multi-Purpose Vehicle (AMPV), which may be worth up to $1.6 billion.   The FRP deal is initially worth $797 million, and includes a $432.6 million AMPV order along with earlier contract modifications for long-lead materials totaling $365.3 million. “Entering full-rate production is a momentous milestone in the lifecycle of a production program for both the U.S. Army and BAE Systems,” Jeremy Tondreault, president of BAE…

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