BAE Systems has received a $180 million Foreign Military Sales delivery order from from the U.S. Army Tank-Automotive and Armaments Command to manufacture 378 Iraqi Light Armored Vehicles (ILAV). Work on the contract will begin immediately with deliveries scheduled to continue through May 2007. The total value of the indefinite-delivery/ indefinite-quantity contract could reach $445.4 million and 1,050 vehicles if all options are exercised, and deliveries could continue until the end of November 2009.
| This is a V-hulled, well-protected medium-sized APC that provides good protection. It seems to be just right for the Iraqis and sure beats driving a bunch of guys in the back of a pickup truck. |
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