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FMTV Contract Awards Top $3 Billion To Date In 2008

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By Ann Roosevelt With a series of contract awards, BAE Systems' total award value for the Family of Medium Tactical Vehicles (FMTV) to date in 2008 is $3.7 billion. This month, the Army awarded BAE a $1.6 billion contract to build another 10,000 Long Term Armor Strategy (LTAS) FMTVs and trailers for 2009 and 2010--the third for LTAS FMTV this year. Earlier, two contracts totaling close to $2.1 billion for 10,000 vehicles and program support. "This award will boost FMTV…

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