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BAE SYSTEMS Awarded $27.2 Million Contract Modification to Reset Bradley Combat System Vehicles for the U.S. Army.

YORK, Pa. -- BAE Systems has received a $27.2 million contract modification from the U.S. Army Tank-Automotive and Armaments Command Life Cycle Management Command to reset 44 Bradley A2 Operation Desert Storm (ODS) vehicles returning from Iraq.

When combined with $227 million previously funded in March, this modification brings the total FY06 Reset contract value to $254.4 million. Work on this contract will begin immediately with deliveries scheduled to be complete by May 2007.

BAE Systems, in partnership with Red River Army Depot, will return a total of 44 Bradley Combat Systems to a combat ready status and provide Blue Force Tracking mounting provisions for all 44 vehicles. Disassembly and component overhaul work will be performed at the depot and BAE Systems in Fayette County, Pa. Final assembly, integration and test will be conducted at the company's facility in York, Pa. BAE Systems will field the Bradley vehicles directly to the unit at its location and conduct any necessary training and technical support.

"Our partnership with Red River Army Depot continues to provide our soldiers with the best combat vehicle system in the world," said Andy Hove, director of Bradley Combat Systems programs for BAE Systems. "The battle-proven Bradley provides a superior combination of survivability, mobility and firepower across the full spectrum of combat operations."

Bradley Combat Systems vehicles continue to provide outstanding survivability, mobility and lethality to U.S. soldiers in all types of close-combat urban scenarios and in open-combat, open-terrain scenarios over three completed rotations. The Bradley fulfills five critical mission roles - infantry, cavalry, fire support, battle command and engineer squad - for the Army's Heavy Brigade Combat Teams (HBCTs).

Bradley Combat Systems have played a critical role in the success of the Army's HBCTs that have faced some of the most challenging missions in Iraq since the conflict began in March 2003. During Operation Iraqi Freedom, the Bradley has been available to units - exhibiting a combined fleet operational readiness rate exceeding 94 percent across missions that have covered more than 8 million miles. The Bradley moves with maneuver forces across rough terrain at speeds up to 38 mph, and can negotiate narrow streets and tight corners in urban areas.

The C4ISR-equipped, network-ready Bradley vehicles feature a proven set of armor solutions designed to protect soldiers against a wide variety of threats and are readily equipped with the Bradley Urban Survivability Kit.

Last year, the Army contracted with BAE Systems to remanufacture and upgrade 450 Bradley A3, 50 A2ODS and 33 BFIST vehicles under fiscal year 2005 funding (June 2005). BAE Systems has been awarded 405 national level reset Bradley vehicles to date under fiscal year 2006 funding, totaling $254.4 million. Approximately 590 Bradley A3 vehicles have been delivered against the Army's requirement for 2,545 total Bradley A3s planned for the fleet.

About BAE Systems

BAE Systems is the premier trans-Atlantic defense and aerospace company, delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, information technology solutions and customer support services. BAE Systems, with more than 100,000 employees worldwide, had 2005 sales that exceeded $28 billion.
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Comment:BAE SYSTEMS Awarded $27.2 Million Contract Modification to Reset Bradley Combat System Vehicles for the U.S.
Publication:Business Wire
Geographic Code:4EUUK
Date:Jun 28, 2006
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