Hercules order for BAE Systems

BAE Systems has been awarded a $185m contract modification by the US Army to manufacture 90 M88A2 Hercules recovery vehicles, four Marine Corps-configured M88A2 Hercules recovery vehicles and spare parts.
The contract contains an option worth $163m for the US Army to purchase up to 60 additional vehicles and the US Marine Corps to purchase an additional six vehicles under the current unit price through April 2008.
This award brings the total value of contracts BAE Systems has been awarded on Hercules work to $1.3bn.
Work on the contract will be performed at BAE Systems’ facilities in York, Pennsylvania and Aiken, South Carolina beginning in July 2010 and will continue through September 2011.
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