United Defense Receives Contract Modification to Return Bradley Combat System Vehicles to Combat Ready Condition
16 Giugno 2005 - 12:24PM
Business Wire
United Defense Industries, Inc. (NYSE:UDI) has been awarded a
contract modification on a cost-plus-fixed-fee basis worth up to
$33.3 million from the U.S. Army Tank-automotive and Armaments
Command (TACOM) to reset Bradley Combat System vehicles returning
from Iraq. United Defense, in partnership with the Army's Red River
Army Depot (RRAD), will return 61 Bradley A3 and 40 Bradley A2
Operation Desert Storm (ODS) vehicles to a combat ready status
under this modification to a multi-year corporate contract.
Disassembly and component overhaul work will be performed at RRAD
and United Defense in Fayette County, PA. Final assembly and test
will be conducted at United Defense's York, Pa. facility. Work on
this effort, which is funded initially at $16.7 million, begins
immediately. About United Defense United Defense designs, develops
and produces combat vehicles, artillery, naval guns, missile
launchers and precision munitions used by the U.S. Department of
Defense and allies worldwide, and provides non-nuclear ship repair,
modernization and conversion to the U.S. Navy and other U.S.
Government agencies. To learn more about United Defense, visit
http://www.uniteddefense.com. Forward-Looking Statements
Information in this release may involve guidance, expectations,
beliefs, plans, intentions or strategies regarding the future.
These forward looking statements involve risks and uncertainties.
All forward looking statements included in this release are based
upon information available to United Defense Industries, Inc., as
of the date of the release, and we assume no obligation to update
any such forward looking statements. The statements in this release
are not guarantees of future performance and actual results could
differ materially from our current expectations. Numerous factors
could cause or contribute to such differences. Please refer to the
Company's Annual Report on Form 10-K for the year ended December
31, 2004, and in our other reports filed from time to time with the
Securities and Exchange Commission for a further discussion of the
factors and risks associated with our business.
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