BAE Systems receives $79 million contract from U.S. Marine Corps to build and deliver ACV-R test vehicles [Yahoo! Finance]
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: Yahoo! Finance
Marine Corps to build and deliver production representative test vehicles (PRTVs) for the Amphibious Combat Vehicle Recovery (ACV-R) variant later this year. The ACV-R will provide direct field support, maintenance, and recovery to the ACV family of vehicles (FOVs). "One of the most challenging things that can happen on the battlefield is for a vehicle to breakdown or need to be recovered," said Garrett Lacaillade , vice president of amphibious programs at BAE Systems. "The ACV-R is a modern, highly capable recovery and mobile repair unit that provides critical expeditionary support to immobilized ACVs in the field and provides maintenance support capabilities without risking our Marines' safety." This contract award begins the second phase of the ACV-R program and kicks off the production of PRTVs which will support government testing next year. The prior contract award focused on the design and development of the recovery variant and was completed within the contracted 20-month
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