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BAE Systems Receives $575 Million From Army To Move AMPV Into Initial Production

BAE Systems Receives $575 Million From Army To Move AMPV Into Initial Production
BAE Systems' Armored Multipurpose Vehicle (AMPV)

The Army has awarded BAE Systems $575 million in contract modifications to move its Armored Multi-Purpose Vehicle (AMPV) into low-rate initial production, the company said Tuesday. The latest deals bring the total for LRIP to $873 million as the Army looks to move forward with its program to replace Armored Brigade Combat Teams’ M113 armored personnel carriers. The two contracts include a $128 million deal awarded in January, and a $447 million contract in February, according to BAE Systems. “Moving…

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