York County company receives $70+ million contract from U.S. Marine Corps [Yahoo! Finance]
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: Yahoo! Finance
According to BAE Systems, which offers a wide array of the “world's most advanced, technology-led defense, aerospace, and security solutions” was awarded the contract to build and deliver production representative test vehicles (PRTVs) for the Amphibious Combat Vehicle Recovery (ACV-R) variant later this year. The company says this vehicle 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.” PREVIOUS COVERAGE: York County company awarded $300 million+ U.S. Army contract BAE Systems says that this con
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