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Textron Systems, Rheinmetall, And Kongsberg Protech Receive Work On Canadian TAPV

Cal Biesecker By
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Textron Systems Canada Inc. [TXT], Rheinmetall Canada Inc., and Kongsberg Protech Systems (KPS) Canada received an approximately $100.3 million contract for work to be performed by KPS Canada on the Canadian Forces Tactical Armored Patrol Vehicle (TAPV) project. This is a sub-contract within the about $205.7 million contract between Textron Systems and Rheinmetall that was announced in October 2012. In June 2012, the Textron TAPV Team, led by Textron Systems, was selected to manufacture 500 Canadian Forces TAPVs with options…

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