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Textron to Build More Armored Security Vehicles For The Army

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Textron's [TXT] Marine & Land Systems recently announced a new letter contract potentially valued at $200 million for the Armored Security Vehicle (ASV). The contract, with $99 million currently funded from Army Tank-automotive and Armaments Command (TACOM), has a base order of an additional 191 M1117 ASVs and 38 M1200 Armored Knight vehicles, as well as field support and special sustainment tools. Textron Marine & Land Systems has delivered a total of 2,153 ASVs to the Army to date. "This…

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